1666 E 55th Street #BUILDING
About This Property
1666 East 55th street
R5 Zoned
Allowed usable floor area: 3,750 sq ft
Residential FAR: 1.25
Facility FAR: 2
Lot Size: 30 ft x 100 ft
Built Size: 18 ft x 60 ft
2,160 total sq ft including finished lower level
Private driveway
Additional storage shed
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 13, 2023 | Sold | ||
| Sold | |||
| Jan 28, 2023 | In contract | - | |
| In contract | |||
| Nov 28, 2022 | Listed by Elegran LLC | $699,000 | |
| Listed by Elegran LLC | |||
Property Highlights
1666 E 55th Street #BUILDING, Brooklyn, NY, 11234
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Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
12/15/2022
| |
2 Bed
|
2 Bath
|
-
|
$699,000
2 Bed
2 Bath
|
$565,000
-19.17%
03/13/2023
|
Michael Rossi
Elegran LLC
| |
|
11/28/2022
|
4 Bed
|
2 Bath
|
2160 ft²
|
$699,000
4 Bed
2 Bath
2160 ft²
|
$565,000
-19.17%
03/13/2023
|
-
|
Kirk Eckenrode
Elegran LLC
|
Building Info
About Southeastern Brooklyn
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Listing Courtesy of Elegran LLC
Last Updated: 2 years ago
Last Checked: 5 minutes ago
Data Source: REBNY (©2025 Real Estate Board of New York)
