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MLS ID KEY988745Last updated Aug 25, 2026

Mixed Use

224 55th Street

Pending · Kings (Brooklyn), NY 11203

Asking price$799,000Check current status
Year built
1910
Est. monthly taxes
$355.75
Property gallery0 / 30
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About this home

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. Adding to its appeal, the property includes a private driveway, a valuable and often hard-to-find feature in Brooklyn, offering convenient off-street parking and enhanced accessibility for both residential and commercial use. 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.

Listing snapshot

Days on site
59 days
Listed on MLS
Apr 22, 2026
Annual property tax (MLS)
$4,269
Tax year
2026
Listing brokerage
Mitra Hakimi Realty Group LLC
MLS ID
KEY988745
Last updated
Aug 25, 2026

General features

Property type
Mixed Use
Year built
1910
Parking
Driveway, Private
Water source
Public
Sewer
Public Sewer
Utilities
Electricity Available, Electricity Connected, Sewer Available, Sewer Connected, Water Available, Water Connected

Interior features

Basement
See Remarks
Heating
Other
Cooling
None

Exterior features

Construction materials
Other

Recent activity

  1. First seen on this site
  2. Listing updated from MLS
  3. MLS status changed

Location

Kings (Brooklyn), NY 11203Show interactive map
224 55th Street

Kings (Brooklyn), NY 11203

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Listing data is supplied by the MLS and may change without notice.