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229 55th Street 5, Brooklyn, NY 11220

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For Sale

$680,000

2 beds • 2 baths • 804 sqft

Estimated Payment

$ 4,423 /mo. †

6.67% APR for 30 yrs.
$11,082 in taxes
Change Loan Terms

  • Condominium
    Property type

  • $845.77
    Price per square foot

  • 6-10 Years Old
    Age

Explore this Property

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!
MLS# 480232

Courtesy Of Fang Fang Realty Inc

(718) 676-2518

Property Features

  • Age
    6-10 Years Old
  • Appliances
    Dryer
  • Architecture Style
    Other

Map and Directions

Directions to 229 55th Street 5, Brooklyn, NY 11220

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CENTURY 21 Homefront

(718) 252-6060
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Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $3,499
  • Property Taxes
    $923
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $4,423

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

P.s. 503: The School Of Discovery

Grades KG-5 Public School

Brooklyn, NY 11220 0.3 miles
330 59th st

857 total students
11:1 Student teacher ratio

School Rating: C

School Details

Fort Hamilton High School

Grades 9-12 Public School

Brooklyn, NY 11209 1.7 miles
8301 shore rd

4644 total students
19:1 Student teacher ratio

School Rating: C-

School Details
Other Nearby Schools Distance Type Grades School Rating
Ps 939 0.2 miles Public KG
Ps 936 0.2 miles Public 6 A-
P.s. 506: The School Of Journalism Technology 0.3 miles Public KG-5 C
Brooklyn Rise Charter School 0.4 miles Public KG-2 C+
Leep Dual Language Academy Charter School 0.4 miles Public KG-2 B
P.s. 1 Bergen School 0.4 miles Public PK-5 C-
School Of Math, Science, And Healthy Living 0.5 miles Public KG-5 B
Our Lady Of Perpetual Help Catholic Academy Of Bro 0.5 miles Private PK-8
P.s. 94 The Henry Longfellow School 0.6 miles Public KG-5 C
Sunset Park Avenue Elementary School 0.6 miles Public KG-4 C
High School Of Telecommunications Arts And Technology 0.7 miles Public 9-12 B
Sunset Park Preparatory 0.7 miles Public 6-8 C
Intermediate School 136 Charles O Dewey 0.7 miles Public 6-8 D-
Gateway City Academy 0.8 miles Private KG-8
School Of Creativity And Innovation (the) 0.8 miles Public PK-2 A
Bay Ridge Christian Academy 0.8 miles Private KG-8
P.s./i.s. 30 Mary White Ovington 0.9 miles Public KG-8 C
P.s. 169 Sunset Park School 0.9 miles Public KG-5 B+
P.s. 24 Brooklyn 0.9 miles Public KG-5 C-

Ps 939

Distance: 0.2 miles

Type Public

Grades: KG

Ps 936

Distance: 0.2 miles

Type Public

Grades: 6

A-

P.s. 506: The School Of Journalism Technology

Distance: 0.3 miles

Type Public

Grades: KG-5

C

Brooklyn Rise Charter School

Distance: 0.4 miles

Type Public

Grades: KG-2

C+

Leep Dual Language Academy Charter School

Distance: 0.4 miles

Type Public

Grades: KG-2

B

P.s. 1 Bergen School

Distance: 0.4 miles

Type Public

Grades: PK-5

C-

School Of Math, Science, And Healthy Living

Distance: 0.5 miles

Type Public

Grades: KG-5

B

Our Lady Of Perpetual Help Catholic Academy Of Bro

Distance: 0.5 miles

Type Private

Grades: PK-8

P.s. 94 The Henry Longfellow School

Distance: 0.6 miles

Type Public

Grades: KG-5

C

Sunset Park Avenue Elementary School

Distance: 0.6 miles

Type Public

Grades: KG-4

C

High School Of Telecommunications Arts And Technology

Distance: 0.7 miles

Type Public

Grades: 9-12

B

Sunset Park Preparatory

Distance: 0.7 miles

Type Public

Grades: 6-8

C

Intermediate School 136 Charles O Dewey

Distance: 0.7 miles

Type Public

Grades: 6-8

D-

Gateway City Academy

Distance: 0.8 miles

Type Private

Grades: KG-8

School Of Creativity And Innovation (the)

Distance: 0.8 miles

Type Public

Grades: PK-2

A

Bay Ridge Christian Academy

Distance: 0.8 miles

Type Private

Grades: KG-8

P.s./i.s. 30 Mary White Ovington

Distance: 0.9 miles

Type Public

Grades: KG-8

C

P.s. 169 Sunset Park School

Distance: 0.9 miles

Type Public

Grades: KG-5

B+

P.s. 24 Brooklyn

Distance: 0.9 miles

Type Public

Grades: KG-5

C-

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Brooklyn, NY 11220

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Brooklyn, NY 11220

This community’s employment is highest in the administrative support and healthcare practitioners industries. The area’s overall household expenses are below the national average.

84° July
Hottest Average Month
25° January
Coldest Average Month
29,258 Total Households in Area
-7.6% Increase in population since the year 2010
39.6%
of households
have children
42 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Brooklyn, NY 11220

Brooklyn, NY 11220 has a population of 96,970 people in 29,258 households with a median age of 37.5 years old.

-7.6%
Decrease in population
since the year 2010
Population is Trending down
31,111
Total households as of 2010
1.5%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 37.5 years old. The smallest percentage group is 25-34 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

Asian 47%
Hispanic 36%
Other 25%
White 15%
Black 2%
Native American 2%
The most prevalent ethnicity is Asian at 47%, followed by Hispanic at 36%, Other at 25%, and White at 15%.

Economics
for Brooklyn, NY 11220

56,521 /sq mi
Population Density
$58,685 /yr
Median Household Income
$1,290,000
Median Sales Price
42 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $50-74,999k representing 18.14% of the households.

Transportation to Work

  • Public Transit 52%
  • Drive 22%
  • Walk or Bike 19%
  • Work from Home 8%

Occupancy by Type

Rented 20,830 67%
Owned 8,428 27%
Vacant 1,758 6%

White vs Blue Collar Jobs







White Collar 69%
Blue Collar 31%

Family & Education Facts
for Brooklyn, NY 11220

37.5 Median Age

Average Household Size

3.3
persons per
household

49.9%

Married Households

Community Population By Education

Some High School 39%
High School Graduate 24%
Bachelors Degree 16%
Graduate Degree 9%
Some College 8%
Associates Degree 5%
Of the total people surveyed, the most prevalent educational attainment level is Some High School, representing 38.92% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
39.7% of households have children

Weather
for Brooklyn, NY 11220

The weather for this area ranges from a high of 84° F in July to a low of 25° F in January

84° July
Hottest Average Month
25° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
25°
39°
Feb
27°
41°
Mar
33°
49°
Apr
42°
60°
May
52°
70°
Jun
62°
79°
Jul
68°
84°
Aug
67°
83°
Sep
60°
76°
Oct
49°
65°
Nov
40°
54°
Dec
30°
43°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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There's more to learn about Brooklyn, NY 11220!
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Copyright © 2025 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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