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$1,079,767
List Price: $1,099,000
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556 Schenectady Avenue

Townhouse in East Flatbush •  building info
4bd • 2ba • 1,800ft² • $611 per ft²
Buy with Yoreevo

$1,079,767

List Price

$1,099,000

Key Details
Days on market
loading...
Last price change
No recorded changes
Estimated payment
$6,437/mo
Taxes
$185/mo
Maintenance
N/A
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.

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Building info

History
10/4/26
Listed by Compass
$1,099,000
$690,432
What it'll cost
Purchase price
$1,099,000
Asking Price: $1,099,000
Term
30 Years
Down Payment
$109,000 (10%)
Min: 10% (109,000)
Rate
6.5 %
Mortgage Amount
$989,100
Mortgage Payment
$6,252
Taxes
$185
Estimated Yoreevo rebate
$19,233
Estimated closing cost
$42,000
Total monthly cost $6,437
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$19,233 rebate.
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Listing Courtesy of Compass

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