556 Schenectady Ave, Brooklyn, NY 11203

Property 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.