Prime Redevelopment or Residential Opportunity in East Flatbush.
Discover the potential of 175 East 55th Street, a unique chance to own property in the heart of East Flatbush, one of Brooklyn’s most dynamic and fast-growing neighborhoods. Priced at $999,000, this 2,000-square-foot lot offers endless possibilities—whether you’re looking to build from the ground up, renovate, or invest in a thriving community.
Currently featuring a one-story structure built in 1910 with 560 square feet of interior space, the property is zoned for single-family residential use. This provides a blank canvas for your vision—expand the existing layout, design your dream home, or develop a brand-new residence, all subject to local zoning and city approvals.
Location Highlights:
Nestled in a quiet residential setting while still close to everything you need, this property offers unmatched convenience. You’ll find shopping centers, grocery stores, schools, and community parks just minutes away. Commuting is a breeze with nearby subway and bus lines connecting you directly to Manhattan and other boroughs.
Why Invest Here?
East Flatbush is experiencing steady growth in both property values and community development. This makes 175 East 55th Street an ideal choice for homeowners, developers, and investors alike—offering not only immediate possibilities but also long-term value.
Secure your slice of Brooklyn and bring your vision to life. Contact us today to arrange a private viewing and explore the potential of 175 East 55th Street!
Lot/land
$999,000
175 E 55th Street, Brooklyn, NY 11203
--beds
--baths
1,999Square Feet
Land
Built in ----
1,999 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 19 days
- on Zillow |
- 116 |
- 3 |
Zillow last checked: 7 hours ago
Listing updated: August 24, 2025 at 09:46am
Listing by:
WW Realty Group Inc 917-319-8892,
Eyal Sagi 917-319-8892
Source: OneKey® MLS,MLS#: 898237

Travel times
Facts & features
Interior
Video & virtual tour
Property
Lot
- Size: 1,999 Square Feet
Details
- Parcel number: 046810069
- Special conditions: None
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Brooklyn
Financial & listing details
- Tax assessed value: $26,100
- Annual tax amount: $3,462
- Date on market: 8/7/2025
- Listing agreement: Exclusive Agency
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