5501 4th Avenue, Brooklyn, NY 11220

Brooklyn
Local realty services provided by:Better Homes and Gardens Real Estate Realty Connect
5501 4th Avenue,Brooklyn, NY 11220
$4,990,000
  • 1 Acres
  • Lots / Land
  • Active
Listed by: zaiyou zhu
Office: re/max edge
MLS#:1063360
Source:OneKey MLS

Price summary

  • Price:$4,990,000

About this home

Outstanding opportunity to acquire two adjoining properties in the heart of Sunset Park, Brooklyn, situated along the highly desirable 4th Avenue corridor. Offering approximately 5,216 SF of combined land, this unique package features a distinctive corner mixed-use building and an adjoining development property with an existing garage and former church space, providing tremendous flexibility for investors, builders, and developers. 404 55th Street: A distinctive three-story brick corner building situated on approximately 2,450 SF of land, featuring excellent street exposure, classic architectural character, and strong mixed-use investment potential. The property includes architectural plans dated May 2026 for a 2-story addition (vertical and horizontal enlargement) featuring 4 residential units. The proposed configuration also includes commercial space. 412 55th Street: An adjoining development property featuring approximately 2,766 SF of irregular land, with an existing front...

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Home facts

  • Listing ID #:1063360
  • Added:7 day(s) ago
  • Updated:October 23, 2026 at 11:44 AM

Structure and exterior

  • Lot area:1 Acres

Schools

  • High school:Bedford Academy High School
  • Middle school:Dock Street School For Steam Studies
  • Elementary school:Academy Of Arts And Letters

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$4,990,000
  • Tax amount:$11,200 (2026)
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