1744 East 55th Street

1744 East 55th Street is a condo located in Flatlands, Brooklyn. The building was first built in 1955 and is 69 years old. The lot that the building was built on is 200 feet wide and 440 feet long. The official lot area is listed as 81,200 square feet. The building itself is 20 feet wide and 40 feet long. In total, 1744 East 55th Street has a total floor area of 51,936 square feet. Of that, 46,976 square feet are used for residential purposes. About 4,960 square feet of the building are used for commercial purposes. Additionally, the building has a 4,960 square feet garage. There are a total of 58 units. Of those, 58 are residential units. There are no commercial units in this building. 1744 East 55th Street has a total of 2 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. If you drive, rest assured! The building has its own garage, which would come in super-handy for parking! There are 47 closings on record, of which we have matching data for 1 listings. In the past 3 years, a listing in this building will typically remain on the market for about 283 days and tend to sell below the original asking price of $220,000 by 15.91%. Meaning, listings tend to sell at a median of $244 price per square foot. The transaction that took the longest to complete was unit 41C, listed on Apr 15, 2023 for $220,000. This particular unit ultimately sold 283 days later for $185,000. The most recent transaction was for unit 41C, which was first advertised on Apr 15, 2023, sold for $185,000 on Jan 23, 2024. Fun fact, the oldest transaction we have on record took place on Aug 30, 1973. See the full transaction history for 1744 East 55th Street below.

Flatlands, where 1744 East 55th Street is located, has a median asking price of $569,000 for condo buildings. Meanwhile, the building itself has a median asking price of $220,000. For interested buyers, that means the building's median asking price is around 0.61% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo buildings in the neighborhood.

Unfortunately, there are currently no active listings within the building but our inventory of available units for sale is constantly updating in real time. Check back frequently for updates.