516 55th St, Brooklyn, NY 11220
FOR SALE

$1,620,000

  • Studio
  • 3 Baths
  • 1,800 sqft

516 55th St, Brooklyn, NY 11220

Sunset Park
Est. Mortgage $9,783/mo*
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Home Highlights

Multi-Family
$900/sqft

Local Information

  • Map ViewExplore the area around 516 55th St.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

3 -Family Property- Delivered Vacant Building Size: 20x45 Basement: 20x55 Lot Size: 20x100 Property Features: Basement: 3 room, 1 bathroom 1st floor: 3bedroom, 1bathroom 2nd floor: 4bedroom, 1bathroom Separate electric, gas, and hot water systems. Great opportunity for investment or end-user. Convenient location near transportation, shopping, and daily essentials.
Last check for updates: about 18 hours ago
Listing by: Winzone Realty Inc, (718) 676-6611
Coco (Elaine) Li, (718) 501-9192
Source: BNYMLS, MLS#501814

Home Details for 516 55th St

Interior Features

Interior Details
Basement: Separate Entrance
Beds & Baths
Number of Bathrooms: 3Number of Bathrooms (full): 3
Dimensions and Layout
Living Area: 1800 Square FeetFoundation Area: 900
Appliances & Utilities
Appliances: Hot Water Coil in Boiler
Heating & Cooling
Heating: Natural Gas,BaseboardNo CoolingHas HeatingHeating Fuel: Natural Gas
Gas & Electric
Electric: 110 V
Windows, Doors, Floors & Walls
Flooring: Hardwood
Levels, Entrance, & Accessibility
Stories: 2Floors: Hardwood

Exterior Features

Exterior Home Features
Roof: OtherFoundation: Other
Parking & Garage
No CarportNo GarageNo Attached GarageParking: None

Days on Market

Cumulative Days on Market: 16Days on Market: 118

Property Information

Property Type / Style
Property Type: ResidentialProperty Subtype: Multi Family
Building
Building: NONEConstruction Materials: Other, BrickAttached To Another Structure

Price & Status

Price
List Price: $1,620,000Price Per Sqft: $900

Active Status

MLS Status: Active

Location

Direction & Address
City: BrooklynCommunity: Brooklyn

Agent Information

Listing Agent
Listing ID: 501814

Building

Building Area
Building Area: 1800 Square Feet

Community

Units in Building: 3

Lot Information

Lot Area: 2000 sqft

Listing Info

Special Conditions: Arm's Length

Miscellaneous

BasementMls Number: 501814

Around this home

Neighborhood Overview

Sunset Park
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Sunset Park

At least 955 Trulia users voted on each feature.

  • 87 % Say there are sidewalks

  • 84 % Say it's walkable to grocery stores

  • 83 % Say it's walkable to restaurants

  • 79 % Say it's dog friendly

  • 74 % Say streets are well-lit

  • 66 % Say kids play outside

  • 59 % Say people would walk alone at night

  • 58 % Say there's holiday spirit

  • 55 % Say they plan to stay for at least 5 years

  • 54 % Say yards are well-kept

  • 50 % Say there are community events

  • 49 % Say neighbors are friendly

  • 39 % Say it's quiet

  • 34 % Say car is needed

  • 32 % Say there's wildlife

  • 26 % Say parking is easy

Sourced by Trulia users. Learn more about our methodology.
  • Justin j Sweberg
    "The fact that people get along and love each other oh so much oh would love to move to nyc and be a New Yorker"
    0
    Flag
  • Anna M.
    "I’ve lived in this neighborhood my whole life and it’s home. So many places to go to everything is so conveniently located it can be loud at times but loud with music and people just being happy yes there is the occasional drunk but they don’t really bother. Sunset park is a fusion of many cultures and amazing foods. We are proud of our neighborhood sunset park."
    3
    Flag
  • Yesenia.h723
    "I was born and raised in sunset park. It has changed over the years but there’s no place like it. I think the most unique thing about sunset park is all the different foods that’s are in each corner."
    10
    Flag
  • Knativo
    "Too much noise all around everywhere. Noisy neighbors inside and out of the buildings, drunk people often passed out on the street. People severely lacking civic pride for a neighborhood that has so much natural beauty and potential to be better"
    0
    Flag
  • Trulia User
    "I have lived here over 1 year. The parks are nice and conveniently close. In general the neighborhood is very quiet. "
    4
    Flag
  • Trulia User
    "I plan to move soon. It’s not safe. The sidewalks are always filthy. People are not friendly. No sense of security. Always have to look over your shoulder."
    14
    Flag
  • Trulia User
    "there is a lot of parking problem. park is beautiful but too much people. there are good restaurants if you are single maybe livable area. it's close waterside. 10 minutes to Dumbo "
    2
    Flag
  • Trulia User
    "This is good place . I used to live here before . My kids are growing up here . They go to school here "
    2
    Flag
  • Trulia User
    "I know this neighborhood.. for years.. and year's.. and it gets better every day.. Many people.many stores.. doesn't matter if.people .knows you or . they. talk to you. they say hola.. I'm happy here "
    3
    Flag
  • Trulia User
    "lots of restaurants. store's.ost everything you need.u can't find it here.. we have supermarkets.. friendly people.. it's a good . place to live.. no complaints. just stepped out side and get wat u need.whit no problens.at All.. I like it. "
    1
    Flag
  • Trulia User
    "Everybody is great we work as a team. You can borrow (cup of sugar etc.) There’s a park up the block always full of kids with there parents."
    2
    Flag
  • Trulia User
    "this neighborhood.is very up coming.. lots of restaurants. coffee shops.. lots of shooting stores.. most everything you need.u find it..here.. don't have the need to.. shop.else we're.. it's a happy neighborhood "
    2
    Flag
  • Trulia User
    "very diverse and good location, very congested at times and neighbor has a rooster , hens and a dog ."
    1
    Flag
  • Trulia User
    "the people that live here is awesome. The business are great and convenient for the people that live here."
    0
    Flag
  • Trulia User
    "Dog owners would not like to see other dogs walking without a leash. Also, not everyone cleans up after their dogs. "
    0
    Flag
  • Trulia User
    "It’s close to sunset park a good area to walk your dog but some owners don’t pick up after their dogs "
    0
    Flag
  • Trulia User
    "train and bus at every corner, get downtown in 20 Mins or manhatten In 30. bqe and verrazano are right there. 45 mins to get across the George Washington Bridge. 2 hours to philadelphia. pretty much perfect place to leave from. "
    0
    Flag
  • Trulia User
    "Gear diverse neighborhood. There are a ton of local shops with plenty of things to explore in the neighborhood."
    0
    Flag
  • Trulia User
    "Easy to move around and use transportation great schools hard to find parking walk to any store hospitals tea stations buses and more "
    0
    Flag
  • Trulia User
    "There are a few events throughout the year, at the park and at 5av. But the neighborhood could be better. "
    0
    Flag
  • Trulia User
    "Sunset Park is a family neighborhood with a great park with wonderful views. District 15 is a great school district too. "
    0
    Flag
  • Trulia User
    "The community is diversified and transient. It could be better if neighbors would work together to keep the area clean and clutter free. Ie not hanging food products or laundry in the front of their homes creating poor curb appeal. "
    0
    Flag
  • Trulia User
    "The neighborhood has been changed and I’ve been here for 20 years and little by little it has been changing for the best I’m happy to be living in an historical neighborhood"
    0
    Flag
  • Lizzy
    "It’s a very “pet” dense neighborhood. I even see cats on leashes at times haha Too bad there isn’t a designated dog park or area here so that the fur babies have room to run. Such a shame since there are so many dogs."
    12
    Flag
  • Selenny J.
    "I love this area, I live here for almost 5 years, and I love this area. The school are good for child"
    3
    Flag
  • Gilbertmods818
    "great acces to transportation ,a lot of means to work around the area. beautiful parks ,multi cultural area, good shopping area enough stores around for most basic needs. good bars ,most people rent and there a thriving economy un the neighborhood always nee shops popping in and out and always diversity of things to do"
    1
    Flag
  • Bibiana M.
    "It’s a nice place to live in, as it’s full of diversity. Sunset Park is home, regardless if leave for a while you always come back for something, food or the people. "
    1
    Flag
  • Carmen
    "Great food, great views, great neighbors! Sunset Park offers it all. You couldn’t ask for a better neighborhood!"
    0
    Flag
  • Suzan L.
    "There are plenty of parks nearby to walk your dog. Unfortunately, there is too much garbage and trash on the floor so new dogs have a tendency of sniffing/eating garbage."
    0
    Flag
  • Jjsc1owl
    "It’s an awesome community has been changing drastically for the best there is still some cleaning up to do but it takes time on that we hope we are able to do the good cleanup specially in Sunset Park"
    1
    Flag
  • Melanie D.
    "The beautiful park really brings our diverse neighborhood together. It is a very family forward neighborhood. "
    0
    Flag
  • Jenniferlicata2
    "I commute via subway to work. It’s a short commute and the trains are reliable, and lately they have been clean."
    1
    Flag
  • Chantal M.
    "It’s very friendly and a great place to walk your dog. Quiet and clean area at times. There isn’t that many dog parks in the area but a good walk around the neighborhood will get the job done"
    1
    Flag
  • Daisy A.
    "It’s pretty clean n safe. The sidewalks are mostly clean n everyone that I’ve noticed always clean up after their dogs. Very nice place "
    0
    Flag
  • Stacey F.
    "High priced apartments, everything is found locally including transportation and gym. Usually a quiet neighborhood and good Samaritans"
    0
    Flag
  • Kchi63
    "5 of may, cultural events at park , traditional Chinese parade, movie theater at sunset park. Sports under rooftop."
    0
    Flag
  • Bklynmom9206
    "Easy I walk to work. I work for one of the near by medical facilities and it’s all within walking distance. "
    0
    Flag
  • S.Y
    "Good neighbor and a lot of schools around here. The Sunset park is really nice and have great view. However busy streets have a lot of traffic so be careful."
    0
    Flag
  • Stephanie M.
    "There’s always events in the the park near by and fifth ave events when the summer is here. Even the festivals we have are welcoming. I would say the best thing about my neighborhood is the block parties in different blocks. "
    1
    Flag
  • Maria T. F.
    "This place used to be horrible and it’s gotten better over the years. The neighborhood is very lively and can be overwhelming for some, because they might have to deal with loud neighbors or loud music playing outside late summer nights. The schools in the area are actually not bad. "
    1
    Flag

Market trends in New York

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$818K
$21.67KMoM
Sale-to-List Price
98.1%
0.1%MoM
Price per sq ft
$704
$22MoM
Available listings
16526
1221MoM

Home Value

Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

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
533 57th St, Brooklyn, NY
0.07
Multi-Family Home
$1,600,000
06/17/26
3
1,968
449 57th St, Brooklyn, NY
0.12
Multi-Family Home
$1,450,000
08/17/26
2.5
2,280
435 55th St, Brooklyn, NY
0.12
Multi-Family Home
$1,580,000
12/23/25
5
3
2,520
524 54th St, Brooklyn, NY
0.05
Multi-Family Home
$1,720,000
02/06/26
3
2,988
353 54th St, Brooklyn, NY
0.25
Multi-Family Home
$1,200,000
12/11/25
3
2,040
423 56th St, Brooklyn, NY
0.14
Multi-Family Home
$1,530,000
01/21/26
7
3
2,880
538 54th St, Brooklyn, NY
0.06
Multi-Family Home
$1,660,000
12/17/25
7
4
2,928
429 58th St, Brooklyn, NY
0.17
Multi-Family Home
$1,520,000
10/07/25
10
3
3,000
445 52nd St, Brooklyn, NY
0.21
Multi-Family Home
$1,438,000
07/31/26
5
3.5
2,232
654 58th St, Brooklyn, NY
0.26
Multi-Family Home
$1,860,000
12/16/25
6
3
2,000

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
5505 5th Ave, Brooklyn, NY 11220
0.02
$9,000,000
Studio
-
-
For Sale
5507 5th Ave, Brooklyn, NY 11220
0.02
$9,000,000
Studio
-
-
For Sale
5516 5th Ave, Brooklyn, NY 11220
0.05
$1,850,000
Studio
-
-
Recently Sold
524 54th St, Brooklyn, NY 11220
0.05
$1,720,000
Studio
3
2,988
Recently Sold
546 55th St #9, Brooklyn, NY 11220
0.05
$488,000
2
1
550
Recently Sold
538 54th St, Brooklyn, NY 11220
0.06
$1,660,000
7
4
2,928
Recently Sold
467 56th St, Brooklyn, NY 11220
0.07
$1,571,900
9
4
2,640
Off Market
558 55th St, Brooklyn, NY 11220
0.06
$637,000
Studio
-
-
Recently Sold
519 54th St, Brooklyn, NY 11220
0.08
$2,100,000
4
4
2,880
For Sale
515 57th St, Brooklyn, NY 11220
0.07
$2,150,000
16
7
3,072
For Sale
527 57th St, Brooklyn, NY 11220
0.07
$1,480,000
5
2.5
1,648
Recently Sold

Price and Tax history

DateEventPrice
May 29, 2026
Source: BNYMLS #501814
Listed For Sale
$1,620,000
Dec 15, 2025
Source: StreetEasy #S1791309
ListingRemoved
$1,690,000
Sep 18, 2025
Source: StreetEasy #S1791309
Listed For Sale
$1,690,000
May 13, 2016
Source: N/A
Sold
$1,323,000
Aug 12, 2003
Source: N/A
Sold
$450,000

LGBTQ Local Legal Protections

Coco (Elaine) Li, Winzone Realty Inc, (718) 676-6611
Agent Phone: (718) 501-9192
The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.

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Frequently asked questions about 516 55th St

  • What is the estimated monthly payment for 516 55th St?
    Based on a $1,620,000 list price with 20% down at today's rates, the estimated monthly payment for 516 55th St in Brooklyn, NY is approximately $9,998 (about $8,951 principal & interest, $972 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 516 55th St compare to homes in Brooklyn?
    516 55th St in Brooklyn, NY is listed at $1,620,000, about 98% above the $818K median sale price in Brooklyn.
  • What do residents say about the Sunset Park neighborhood?
    Residents describe the Sunset Park neighborhood in Brooklyn, NY as pedestrian-friendly, walkable to grocery stores, and walkable to restaurants. See homes for sale in Sunset Park, Brooklyn.
  • What are the closest schools to 516 55th St?
    The closest schools to 516 55th St in Brooklyn, NY are Fort Hamilton High School (rated 4/10), Jhs 220 John J Pershing (Middle, rated 10/10), Ps 503 The School Of Discovery (Elementary, rated 5/10).
516 55th St, Brooklyn, NY 11220 is a studio, 3 bathroom, 1,800 sqft multi-family. 516 55th St is located in Sunset Park, Brooklyn. This property is currently available for sale and was listed by BNYMLS on May 29, 2026. The MLS # for this home is MLS# 501814.