Rare development opportunity just blocks from Brooklyn College and not far from the well-known intersection of Flatbush and Nostrand Avenues, where there’s Starbucks and Target and the 2-train subway stop; all this and more are just a short walk from this outstanding investment parcel! Currently this attractive package includes an enormous home sitting on an oversized 40 by 100 square foot lot. Now is the perfect time to get in at the ground-breaking level too, with beautiful 4 and 5 story luxury condominiums demanding pricey rent rolls popping up left and right, imagine the possibilities! This piece of property is prime for development with close to 10,000 square feet of buildable space on the lot; it wouldn’t take much effort to tear down and redevelop. Of course, one could just as easily renovate the current home and enjoy the abundance of sheer space in this oversized single-family home right near it all! Either way, this exciting and versatile property is impressive in its sheer size and scope making it a must see! Don’t wait, opportunities like these won’t last long, call for your showing today!
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Zillow last checked:
Listing updated:
Listed by:
Keller Williams Realty of Greater Nassau917-415-1060,
Davidson Joseph
Source: StreetEasy,MLS#: S1815601
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2
Appliances
Included: Dishwasher
Features
Flooring: Hardwood
Interior area
Total structure area: 2,200
Total interior livable area: 2,200 sqft
Property
Parking
Parking features: Garage
Has garage: Yes
Features
Patio & porch: Other
Exterior features: Garden
Details
Parcel number: 049980041
Special conditions: Resale
Construction
Type & style
Home type: SingleFamily
Property subtype: Single Family Residence
Condition
Year built: 1915
Community & HOA
Community
Subdivision: East Flatbush
Location
Region: Brooklyn
Financial & listing details
Price per square foot: $500/sqft
Tax assessed value: $870,000
Annual tax amount: $6,780
Date on market: 3/12/2026
Estimated market value
Zestimate®
$1,081,000
Estimated sales range
$1.03M - $1.14M
Rent Zestimate®
$4,189/mo
Price history
Date
Event
Price
5/19/2026
Pending sale
$1,100,000$500/sqft
Source: OneKey® MLS as distributed by MLS GRID #971073Report a problem
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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