Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $610,000

· Closed January 31, 2022

254 55TH Street #1A
Closed For Sale Condo

$610,000

$649 per sq ft

254 55TH Street #1A

Sunset Park, Brooklyn

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MLS® #RLS10811172

RLS at REBNY

Listing by Douglas Elliman Real Estate

2

Bedrooms

1

Bath

940

Sq. Ft.

2021

Year Built

Quick Summary

Bedrooms 2
Bathrooms 1
Living Area 940 sq ft
Year Built 2021
Ownership Condo
HOA/Common Charges $466/mo
Property Taxes $72/yr
Neighborhood Sunset Park
Floor 1 of 4

Property Highlights

  • New Construction: Brand new building

Property Details

Type Condo
Ownership Condominium
Total Rooms 4
Baths 1 Full
Floor 1 of 4
Pets Yes
Year Built 2021 (New)
Living Area 940 sq ft
Parcel # 00829-0025

Listing History

Event Date Price Change
Listed Oct 13, 2021 $615,000 -
Currently May 1, 2026 $610,000 -0.8%

Description

IMMEDIATE OCCUPANCY!
FOR A LIMITED TIME, SPONSOR NOW COVERING COMMON CHARGES THROUGH 6 MONTHS ON FULL PRICE OFFERS.
Extremely rare 421A- 20 year- tax abatement approved to commence once buyer closes on the unit. Taxes are $68 for the year! HOA fees are $465 monthly.

Now offering 1 Bedroom duplex with open space for a second bedroom available. Rooftop/rear yard recreational space and a BONUS PRIVATE STORAGE SPACE that comes with the purchase of your unit!
Come live and enjoy this Luxurious Boutique Pre-war inspired New construction Condo Building located in the heart of Industry City on a beautifully tree lined interior block. Industry City and Sunset Park are known for its diverse dining, coffee shops for that Sunday morning, Live music on weekends, festivals, shopping , freshly brewed booze.. The entertainment is endless. Enjoy Bush Terminal Piers Park constructed in 2014 with beautiful views of Manhattan. Perfection at its peak where every detail including a very meticulous layout that is proven to work for Brooklyn living has been carefully processed.
Whispering White oak 7 1/2 foot long planks flowing throughout. Airy open space overlooking your dining and living area. Duplex apartment offering 584 sq. ft. of upper level and 356 sq. ft. in the lower level, perfect for an extra bedroom. Over 6ft tall Pella windows overlooking the garden feel street view and so much more.

Conveniently located 25 minutes from Manhattan. Up the block from Bus line B11 and 3 blocks from the major transportation R & N train lines. 2 strops from major transit terminal, Atlantic Avenue. 1/2 a block from highly rated - NYU hospital. Ferry just 5 blocks away. Centrally located in the prime location of Industry city with diverse dining and plenty of local activities/ events and entertainment. We invite you to be part of this beautiful community at this endless luxurious building.
Waiting list for parking available for a fee of $150 monthly.
Storage available and included in current common charges.
Contact listing agent for showings.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed

Appliances

Washer Dryer Allowed

Building Information

Financial Details

Common Charges $466/mo
RE Taxes $72/yr ($6/mo)
Original Price $615,000
Sale Price $610,000
Previous Price $615,000

Sunset Park features four landmarked historic districts of Italianate, Neo-Grec, and Romanesque Revival brick and brownstone rowhouses climbing the hillside between Fourth and Eighth Avenues in western Brooklyn. The namesake hilltop park offers panoramic Manhattan skyline views and a 1936 neoclassical public pool, while the commercial corridors along Fifth Avenue and Eighth Avenue anchor the neighborhood. The D train at Ninth Avenue, N/R at 36th-45th-53rd Streets provide multiple subway connections to Manhattan.

Sunset Park Live Market Data

View Neighborhood

Active Listings

6

Median Asking Price

$1.11M

Median $/Sqft

$633

Avg Days on Market

N/A

New This Week

0

Price Reduced

0%

Sold (30 Days)

1

Median Sale Price

$730K

Live data from RLS at REBNY • Updated 5/1/26, 11:43 AM EST

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Location

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254 55TH Street #1A, Sunset Park, Kings County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

2008
Year Built
18 years old
40
Floors
C6-4
Zoning District

Tax & Assessment

Assessed Value: $253,665,900
Land Value: $18,334,350
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 46,442 SF
Building Area: 843,564 SF
Built FAR: 18.16
Allowed FAR: 10

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed common charges are $466 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $72, or roughly $6 per month. Verify the current assessment with your attorney before closing.

This property has 2 bedrooms and 1 full bathroom.

The listed interior living area is 940 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 2021, making it approximately 5 years old.

This listing is a condominium. Buyers receive a deed to their individual unit and own their space outright, subject to condo association rules.

Pet policy requires confirmation with the listing broker.

At the current list price of $610,000 for 940 sq ft, the asking price per square foot is approximately $649. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS10811172
First Listed: 10/13/2021
Price Changed: 11/30/2022
Closed: 1/31/2022
Contract Date: 10/7/2021

Listing Courtesy of Douglas Elliman Real Estate - Scott Durkin

Listing Contact: (212) 303-5318

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/1/2026 at 3:43 PM UTC

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