1240 E 55th St
Brooklyn, NY 11234
Flatlands- 7 Beds
- 3 Baths
- 2,279 sqft
7 Beds
3 Baths
2,279 sqft
Home Value
Trulia Estimate
$857KSince last month
Increased$3K (+0.4%)Since last year
Increased$75K (+9.6%)Since last sale
Increased$341K (+65.6%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +29% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $861K |
| July 2026 | $858K |
| June 2026 | $844K |
| May 2026 | $833K |
| April 2026 | $820K |
| March 2026 | $800K |
| February 2026 | $798K |
| January 2026 | $816K |
2025 | |
2024 | |
2023 | |
2020 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.27 | Single-Family Home | $844,000 | 09/24/25 | 4 | 2.5 | 1,874 | |
0.32 | Single-Family Home | $879,000 | 11/05/25 | 5 | 3 | 1,993 | |
0.24 | Single-Family Home | $901,000 | 06/11/26 | 4 | 2.5 | 1,801 | |
0.30 | Single-Family Home | $710,000 | 11/24/25 | 3 | 2.5 | 1,872 | |
0.14 | Single-Family Home | $785,000 | 08/22/25 | 3 | 2 | 1,419 | |
0.34 | Single-Family Home | $615,283 | 01/21/26 | 4 | 2 | 1,561 | |
0.47 | Single-Family Home | $889,000 | 07/22/26 | 4 | 2.5 | 2,008 | |
0.38 | Single-Family Home | $819,000 | 09/05/25 | 4 | 3 | 1,260 | |
0.38 | Single-Family Home | $800,000 | 03/06/26 | 4 | 3 | 1,400 | |
0.38 | Single-Family Home | $800,000 | 08/04/26 | 3 | 2.5 | 1,960 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.01 | $1,235,200 | 7 | 4 | 3,234 | Off Market | |
0.01 | $1,407,800 | 10 | 5 | 2,900 | Off Market | |
0.03 | $1,249,000 | 8 | 3 | 3,392 | For Sale | |
0.03 | $1,074,500 | 5 | 3 | - | Off Market | |
0.05 | $899,000 | Studio | 3 | - | For Sale | |
0.09 | $949,000 | 5 | 3.5 | - | For Sale | |
0.09 | $1,099,000 | 6 | 3 | 2,396 | For Sale | |
0.09 | $1,099,000 | 6 | 3 | 2,396 | For Sale | |
0.05 | $985,000 | Studio | - | - | Recently Sold | |
0.09 | $1,090,400 | 6 | 3.5 | 2,396 | Off Market | |
0.09 | $1,030,000 | 5 | 2 | 2,396 | For Sale | |
0.07 | $1,288,400 | 8 | 4 | 3,328 | Off Market |
Local Information
-- mins to
Home Highlights
Year Built
1960
Living Area
2,279 sqft
Price/Sqft
$376
About this House
All brick updated 6.5.,5.5, finished basement, brick .Private parking Located in prime Old Mill Basin, on one way quiet tree lined street close to all. If interested text Paula @917-848-2109 with contact information. Associate broker @Classic Home Sales. SELLER UNCOOPERATIVE
1240 E 55th St, Brooklyn, NY 11234 is a 7 bedroom, 3 bathroom, 2,279 sqft unknown in Flatlands, built in 1960. It last sold for $520,000 on Mar 7, 2007. More recently, it was listed as a rental in September 2024 with an asking price of $2,500 per month. That rental listing was removed on October 1, 2024. It is currently off market. The Trulia Estimate is $857,100, with a rent estimate of $2,849/month.
Home Details for 1240 E 55th St
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Levels, Entrance, & Accessibility Stories: 2 |
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Year Built Year Built: 1960Year Updated: 1960 |
Property Type / Style Property Type: Unknown |
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Units in Building: 1 |
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Lot Area: 2000 sqft |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Oct 1, 2024 Source: NY State MLS #11345070 | ListingRemoved | $2,500 |
Sep 19, 2024 Source: NY State MLS #11345070 | Listed For Rent | $2,500 |
Mar 7, 2007 Source: N/A | Sold | $520,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $8,315 | $935,000 |
Home facts updated by county records
Market trends in New York
Last updated July 2026
Avg. sale price
$794K
$26.67KMoM
Sale-to-List Price
98.0%
0.1%MoM
Price per sq ft
$679
$26MoM
Available listings
17724
933MoM
Around this home
What Locals Say about Flatlands
At least 384 Trulia users voted on each feature.
94 % Say there are sidewalks
88 % Say it's walkable to grocery stores
81 % Say it's dog friendly
79 % Say it's walkable to restaurants
77 % Say yards are well-kept
73 % Say streets are well-lit
64 % Say there's holiday spirit
63 % Say people would walk alone at night
59 % Say car is needed
56 % Say kids play outside
55 % Say they plan to stay for at least 5 years
54 % Say it's quiet
52 % Say neighbors are friendly
49 % Say parking is easy
38 % Say there are community events
36 % Say there's wildlife
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 1240 E 55th St
- What is 1240 E 55th St estimated to be worth?Trulia's estimated value for 1240 E 55th St in Brooklyn, NY is $857,100.
- What is the price history for 1240 E 55th St?1240 E 55th St in Brooklyn, NY last sold for $520,000 in March 2007.
- Is Brooklyn a buyer's or seller's market?Brooklyn is currently a buyer's market, based on recent for-sale activity.
- What's the median sale price in Brooklyn?The median sale price in Brooklyn is $794K. That is up $26.67K from the prior month.

