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556 Schenectady Avenue

$899,000

MLS# RLS20119140 · East Flatbush

Price reduced$1,099,000 to $899,000$200,000 (18.2%) off

Originally listed at $1,099,000. Price last reduced on November 2, 2026.

Listed September 9, 2026 · 61 days on the market

4 Beds 2 Baths 1,800 Sq.Ft.

About This Property

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.

Agent's Note

From Curtis Bain. Details about the apartment are drawn from the listing information provided through RLS by Compass.

Four bedrooms and two bathrooms spread across a single story make this 1945 one-family house in East Flatbush easy to take in at a glance. I like that the bedrooms and bathrooms share one floor.

The house is semi-detached and sits on a lot that runs 100 feet deep. It has private outdoor space, which is worth noting for a one-family house on a deep lot. Both the single story and the depth of the lot are worth seeing in person.

For everyday shopping, Ideal Food Basket is about 4 minutes on foot.

Quick answers+

How many bedrooms and bathrooms does the house have?

The house has four bedrooms and two bathrooms.

Is there private outdoor space?

Yes. Private outdoor space is included with the house.

Is the house on one floor?

Yes. It's a one-story, one-family dwelling built in 1945.

Property Features

Home features

  • Private outdoor space (over 60 sq ft)

Estimate

Monthly Cost & Closing Costs

The rate is a placeholder, not a quote. Enter the one your lender gives you.

$4,731 / month

  • Principal and interest$4,546
  • Property taxes$185

Due at closing

  • Down payment (20%)$179,800
  • Mortgage recording tax (1.925%)$13,845

The mansion tax applies to purchases of $1 million or more. Not included: attorney, title insurance, lender and appraisal fees, board application and move-in fees, flip tax and prepaid items. Estimates only, based on the published New York State rates. Your attorney and lender will confirm the real figures.

About the Building

556 Schenectady Avenue is a 1-story one-family dwelling in East Flatbush, completed in 1945 and home to 1 residential units. The most recent major alteration on record was in 2016.

Hamilton Metz Field is roughly 9 minutes away on foot.

Compiled from NYC public records and open data.

Year Built
1945
Stories
1
Units
1
Building Type
One-Family Dwelling

View 556 Schenectady Avenue building profile and all listings →

Location & Nearby

Map

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556 Schenectady Avenue

Parks

  • Hamilton Metz FieldAbout 9 min walk
  • Lincoln Terrace / Arthur S. Somers ParkAbout 12 min walk
  • Wingate ParkAbout 12 min walk

Public schools · Elementary schools

  • Achievement First Crown Heights Charter School · CharterAbout 5 min walk
  • P.S. 221 Toussaint L'OuvertureAbout 7 min walk
  • P.S. 91 The Albany Avenue SchoolAbout 9 min walk

Middle schools

  • New Heights Middle SchoolAbout 5 min walk
  • The Middle School of Media, Law and Fine ArtsAbout 8 min walk

High schools

  • High School for Public Service: Heroes of TomorrowAbout 12 min walk
  • Brooklyn Institute for Liberal ArtsAbout 12 min walk

Colleges & universities

  • SUNY Downstate Health Sciences UniversityAbout 17 min walk

Museums

  • Jewish Children'S MuseumAbout 19 min walk

Walking times are estimates. Schools shown are the nearest public and charter schools and are not zone assignments; a nearby school is not necessarily the one an address is zoned for. Confirm zoning with the NYC Department of Education. Sources: MTA, NYC Parks and NYC Department of City Planning open data.

The Neighborhood

About Brooklyn

East Flatbush is covered by our Brooklyn guide.

A dynamic borough offering architecturally significant residences, world-class culture, and an unmatched creative energy.

Walkability

9/10

Public transit

8/10

Schools

7/10

Dining

9/10

Groceries & parks

8/10

Explore Brooklyn

Listing Courtesy of Compass

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RLS: Real Estate Board of New York Residential Listing Service

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.