Nest Seekers

Development site in East Flatbush on a 27.

556 Schenectady Avenue
Brooklyn, NY 11203

Listing

Web ID:5789935
Website:https://www.nestseekers.com/5789935
Cross street:Rutland Road
Building:556 Schenectady Avenue Brooklyn
Type:House
Era:Post-war
Floors:1

Property

Ownership: Single Family
Rooms: 4
Bedrooms: Studio

Financials

Price:$1,099,000
Real estate tax:$2,220

Description

Development site in East Flatbush on a 27.5' x 100' lot (approx. 2,750 SF), currently improved with a semi-detached single-family home. Analysis indicates a minimum rebuild of approximately 6,072 SF. The property sits directly across from Kingsbrook Jewish Medical Center — a hospital, rehab, and medical-office corridor with steady institutional demand. That location supports more than one exit: Rebuild a larger multifamily or multi-unit residential building. Build a larger single-family / two-family for an end-user who wants scale, outdoor space, and a deep 100' lot. Explore a community-facility or medical-adjacent use given the hospital frontage (subject to zoning and DOB). Semi-detached configuration, Deep 100-foot lot, Frontage on Schenectady Avenue in a dense, housing-short section of central Brooklyn, Located in an Opportunity Zone, which may be relevant for gain-deferral / QOF capital (buyer to confirm tract status and tax treatment). Buyer to independently verify zoning, FAR, height, parking, and Opportunity Zone eligibility.

Contact

Williamsburg, NY
578 Driggs Avenue Brooklyn, NY 11211
Phone: +1 718-302-0900
Fax: +1 718-228-3917
williamsburg@nestseekers.com
Listing Courtesy of Compass
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