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.
Active
$1,099,000
556 Schenectady Ave, Brooklyn, NY 11203
4beds
1,800sqft
Single Family Residence
Built in 1945
-- sqft lot
$1,106,600 Zestimate®
$611/sqft
$-- HOA
What's special
Semi-detached single-family homeSemi-detached configurationFrontage on schenectady avenue
- 9 hours
- 68
- 5
Zillow last checked:
Listing updated:
Listed by:
Compass 718-216-3064,
Sean Henry
Source: StreetEasy,MLS#: S1845859
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Features
- Has fireplace: No
Interior area
- Total structure area: 1,800
- Total interior livable area: 1,800 sqft
Property
Details
- Parcel number: 048260012
- Special conditions: Resale
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- Year built: 1945
Community & HOA
Community
- Subdivision: East Flatbush
Location
- Region: Brooklyn
Financial & listing details
- Price per square foot: $611/sqft
- Tax assessed value: $984,000
- Annual tax amount: $2,220
- Date on market: 9/9/2026
Estimated market value
$1,106,600
$1.05M - $1.16M
$4,041/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/9/2026 | Listed for sale | $1,099,000+59.2%$611/sqft |
Source: StreetEasy #S1845859 Report a problem | ||
| 6/19/2019 | Sold | $690,432$384/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,917 +0.6% | $59,040 +26.6% |
| 2024 | $8,863 | $46,620 -8% |
| 2023 | -- | $50,700 -5.5% |
| 2022 | -- | $53,640 -8.9% |
| 2021 | -- | $58,860 +8.2% |
| 2020 | $3,093 -61% | $54,420 |
| 2019 | $7,926 | $54,420 +51.3% |
| 2018 | -- | $35,969 +52.5% |
| 2017 | $4,807 | $23,582 +6% |
| 2016 | -- | $22,248 +0.8% |
| 2015 | -- | $22,062 |
| 2014 | -- | $22,062 +5.9% |
| 2013 | -- | $20,831 +6% |
| 2012 | -- | $19,652 +6% |
| 2011 | -- | $18,540 +0.8% |
| 2010 | -- | $18,385 |
| 2009 | -- | $18,385 +0.8% |
| 2008 | -- | $18,244 +6% |
| 2007 | -- | $17,212 +6% |
| 2006 | -- | $16,239 +6% |
| 2005 | -- | $15,321 |
| 2004 | -- | $15,321 +0.8% |
| 2003 | -- | $15,204 +6% |
| 2002 | -- | $14,344 +6% |
| 2001 | -- | $13,533 +6% |
| 2000 | -- | $12,768 |
Find assessor info on the county website







