9 months on rocket

229 55th St Unit 5, Brooklyn, NY, 11220

$680,000

Home List Price

$8,075*

Closing Credit

2 Bedrooms
2 Full Baths
804 SqFt
$846/SqFt
Condo

Location

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229 55th St Unit 5, Brooklyn$680,000

Buyer Closing Credits

$8,075*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built2016
CoolingWall Unit(s), Other
FireplaceStove, Other
MLS #480232
StatusActive

About 229 55th St Unit 5

Sunset Park New Luxurious Elevator Condo For Sale! This newly built condo features 2 bedrooms, 2 full bathrooms, living room, kitchen, and TWO balconies (300SF & 65SF). Unit has a washer and dryer. Conveniently located near all your daily necessities. Near restaurants, supermarkets, banks, pharmacies, parks etc. Close to the 4th & 5th Avenue commercial district. Minutes away from the N,R,W train station and B11 and B37 bus stops. Move-in ready. Parking spaces available for an additional cost. Do not miss this opportunity to own this condo in the heart of Sunset Park!

Property Details

Property Features

Property Information:

  • Year Built: 2016
  • Living Area: 804 SqFt

Listing Office:

  • Office Name: Fang Fang Realty Inc

Interior Features

Interior Information:

  • Appliances: Dryer, Stove, Washer, Other
  • Fireplace: Stove, Other

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Other

Utilities

Utilities Information:

  • Cooling: Wall Unit(s), Other

Price Information

Listing Price Info

Price Summary:

  • List Price: $680,000
  • Price Per SqFt: $846/SqFt
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Housing Market Comparison

See how this home compares to others in Brooklyn, NY.

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Brooklyn, NY

City

Med. Sold Price

$979.9K

Med. Price/SqFt

$701

Avg. Days On Market

111

# of Sold Homes

385

229 55th St Unit 5 vs Brooklyn

291 DAYS ON ROCKET

+180 Days

$680,000

-$299.9K Less

$846/SqFt

+$144 More

KEY TAKEAWAY

This property is $299.9K less than the Median Sold Price and $144/SqFt more than other homes in Brooklyn, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #480232

Listing Office:

  • Office Name: Fang Fang Realty Inc

IDX Information being provided by Brooklyn Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

The accuracy of all information, regardless of source, including but not limited to open house information, square footage and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Brooklyn Multiple Listing Service and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited.

Copyright © 2024 Brooklyn Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 12/17/2024, 8:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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$3,461

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,105

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4237789
4
/10

  • P.S. 503: The School Of Discovery

  • 330 59th St

  • 0.28 miles

  • Public District Grades KG-5

school-card-donut-4237790
5
/10

  • P.S. 506: The School Of Journalism Technology

  • 330 59th St

  • 0.28 miles

  • Public District Grades KG-5

school-card-donut-4237791
4
/10

  • P.S. 1 Bergen School

  • 309 47th St

  • 0.43 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $35,268. Typical income of Brooklyn, NY residents is less than $35k annually. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 229 55th St Unit 5

What is the listing price of this property?

The listing price of 229 55th St Unit 5 property is $680,000.

What type of property is this?

The property 229 55th St Unit 5 is a condo located in Brooklyn, New York, 11220.

Is this property for sale now?

Active Listing: 229 55th St Unit 5 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 229 55th St Unit 5 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 229 55th St Unit 5 is 804 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 229 55th St Unit 5 is 2016.

Rocket Homes›New York›Kings County›Brooklyn›11220›229 55th St Unit 5

This home is located at 229 55th St Unit 5 in Brooklyn, NY and zip code 11220 in the Sunset Park neighborhood. This 804 square foot home was built in 2016. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 01, 2024 and is currently priced at $680,000.

In November 2024, from all listings sold in Brooklyn, NY there were more than 28 sold above asking price, over 161 sold below and more than 196 were sold right at the asked price. In November 2024 in Brooklyn, NY there were 10.5% less homes for sale than in October 2024. Listings spent 111 days on the market in November 2024, and had a median list price of $979,913 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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