224 E 55th Street , Brooklyn, NY 11203

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Property Description

Welcome to 224 East 55th Street, a well-maintained mixed-use property located in the heart of East Flatbush, one of Brooklyn's most vibrant and growing communities. This versatile building offers approximately 2,700 square feet of total space and presents an excellent opportunity for both investors and owner-users.The property features a commercial retail space (formerly used as a beauty parlor on the ground floor, offering strong street presence with convenient walk-in access and excellent visibility along a residential corridor with steady foot traffic. The layout is well-suited for continued salon use or can be adapted for a variety of commercial purposes, including retail, office, or professional services.Above the commercial space sits a spacious duplex residential apartment spanning the second floor and basement levels. The residence offers a functional and flexible layout with multiple bedrooms, a full bathroom, and generous living space. The basement level provides additional recreational or storage space, along with utility areas, enhancing the overall usability of the home.This mixed-use configuration creates an ideal live/work opportunity or income-producing investment, allowing for rental income from one or both units.Situated in a dynamic, high-density neighborhood, the property benefits from a strong local customer base, nearby shopping corridors, schools, and community amenities. Transportation is easily accessible via multiple bus lines including the MTA B46 bus, MTA B47 bus, and MTA B82 bus, as well as nearby subway service on the New York City Subway 2 line and New York City Subway 5 line, providing convenient access throughout New York City.Whether you're looking to establish your business, generate rental income, or invest in a growing Brooklyn market, this property offers exceptional flexibility and long-term potential. Property will be delivered FULLY VACANT!Don't miss this unique opportunity to own a mixed-use building in a thriving East Flatbush location.

224 E 55th Street | MLS# 988745

This commercial property located at 224 E 55th Street , Brooklyn, NY 11203 is currently listed for sale with an asking price of $828,000. Search Brooklyn real estate on www.coldwellbankerprime.com today.

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Property Features

Property Type: Commercial - Multiple
Basement: See Remarks
Cooling: None
Heating: Other
Lot Size: 0.03 Acres
Taxes: $4,269
Year Built: 1910

Feature Descriptions

Building Area Total: 2700
Business Type: Other
Exterior: Other
On Market Date: 2026-04-22
Parcel Number: 04680-0028
Rental Term: Monthly
Sewer: Public Sewer
Units: 2
Utilities: Electricity Available, Electricity Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
Water: Public

Demographics

Listed By / Shown By

Listing By

Agency Name: Mitra Hakimi Realty Group LLC
Agency Contact: 718-268-5588

Shown By

Agency Title: Coldwell Banker Prime Properties
Agency Phone: 866-323-CBPP

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