175 East 55th Street
$999,000
1,999 / 0.05
Description
Located in a prime location, this home offers easy access to shopping, dining, parks, and more. Don't miss your chance to make 175 E 55th Street your forever home. Schedule a showing today and experience the epitome of luxury living! Nestled in the heart of a burgeoning neighborhood, 175 E 55th Street presents an exceptional investment opportunity for astute investors seeking prime real estate in a sought-after location. Situated on a spacious plot of land measuring 40 feet by 100 feet, this property...Located in a prime location, this home offers easy access to shopping, dining, parks, and more. Don't miss your chance to make 175 E 55th Street your forever home. Schedule a showing today and experience the epitome of luxury living! Nestled in the heart of a burgeoning neighborhood, 175 E 55th Street presents an exceptional investment opportunity for astute investors seeking prime real estate in a sought-after location. Situated on a spacious plot of land measuring 40 feet by 100 feet, this property boasts zoning approval for the construction of a six-family home, offering lucrative potential for both rental income and long-term capital appreciation. Strategically positioned within a vibrant community, this parcel of land offers convenience and accessibility, with close proximity to essential amenities including schools, shopping centers, dining establishments, and public transportation hubs. Its central location ensures easy access to major thoroughfares, facilitating seamless connectivity to neighboring districts and beyond. The approved plans for a six-family home align perfectly with the increasing demand for multifamily residences in the area, catering to the evolving needs of modern urban dwellers. Whether as a rental property or a condominium development, this project presents a lucrative opportunity to capitalize on the growing rental market or capitalize on the demand for residential units in the area. Moreover, the property's favorable zoning status streamlines the development process, reducing regulatory hurdles and expediting construction timelines, thereby maximizing returns on investment. Additionally, the dimensions of the land offer ample space for landscaping, parking, and outdoor amenities, enhancing the appeal and value of the proposed development. In summary, 175 E 55th Street represents a compelling investment proposition, combining an ideal location, favorable zoning, and a robust market demand for multifamily housing. With its potential for significant returns, this property is poised to become a cornerstone asset in any investor's portfolio. Don't miss out on the opportunity to capitalize on this prime real estate offering in one of the city's most promising neighborhoods.
- Listed by Eyal Sagi • WW Realty Group IncP: 917-319-8892 C: 917-319-8892 wwrealtycorp@gmail.com
Property Details for 175 East 55th Street
Township
Brooklyn
Zoning DescriptionOther
LISTING UPDATED: 09/12/2024 10:25 AM
Property Details for 175 East 55th Street
Status | Active |
---|---|
MLS ID | H6327338 |
Days on Market | 8 |
Taxes | $3,462 / year |
Maintenance | - |
Min. Down Pymt | - |
Total Rooms | - |
Compass Type | Land |
MLS Type | Land |
Year Built | 1910 |
Lot Size | 1,999 SF / 20' x 100' |
County | Kings County |
Building
Building Information for 175 East 55th Street
Lot Size1,999 SF / 20' x 100'Building Age-Building Type-
Property Information for 175 East 55th Street
Property History for 175 East 55th Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 175 East 55th Street
Taxable ValueLand$10,080Additions$16,020Total$26,100
Home Facts
Total Finished SqFt560 SqFtLot Size2,000 SqFtYear Built1910ZoningR5APN3046810069
Schools near 175 East 55th Street
This home is within Nyc Geog District #18 - Brooklyn.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 6 to 8 |
Rating | School | Distance |
---|---|---|
P.S. 244 Richard R Green PublicPK to 5 | ||
Middle School Of Marketing And Legal Studies Public6 to 8 | ||
Kurt Hahn Expeditionary Learning School Public9 to 12 | ||
Middle School of Media Law and Fine Arts (The) Public6 to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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