--- title: "556 Schenectady Avenue, New York City, NY 11203" description: "556 Schenectady Avenue, New York City, NY 11203 — Single Family House in East Flatbush, Brooklyn, NY. Listing Price $1,099,000. 4 bed, 2 bath, 1,800 sqft Illustrative Buyer Commission Share of $16,485 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11203/556-schenectady-avenue-ny-11203" source: "Real Estate Rebate Team" dateModified: "2026-10-04T14:38:17.282Z" status: "Active" --- # 556 Schenectady Avenue, New York City, NY 11203 Single Family House in East Flatbush, Brooklyn, NY Courtesy of Compass Last updated: October 4, 2026, 10:38 AM ## At a Glance - **Listing Price**: $1,099,000 - **Beds**: 4 - **Baths**: 2 - **Sqft**: 1,800 - **Monthly Taxes**: $185 / mo - **Price per Sqft**: $611 - **Brokerage Fee**: Share Eligible ## The Private Brokerage Advantage As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction. - **Contract Purchase Price**: $1,099,000 - **Illustrative Buyer Commission Share**: -$16,485* - **Illustrative Net Cost**: $1,082,515 *Illustrative Buyer Savings of $16,485 — 50% of a 3% buyer-broker commission, shared at closing.* [Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) ## Photos (2) ![556 Schenectady Avenue, New York City, NY 11203 — photo 1 of 2](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/77b2a4b5-103d-4519-b121-6d94c47fe8a2.jpg) ![556 Schenectady Avenue, New York City, NY 11203 — photo 2 of 2](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/e5512f9a-ee20-4138-80f2-c6f83574baaf.jpg) ## Property Overview 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. ## Property Details - **Property Type**: Single Family Residence - **Beds**: 4 - **Baths**: 2 - **Rooms**: 4 - **Sqft**: 1,800 sqft - **Stories**: 2 - **Price per Sqft**: $611 - **Monthly Taxes**: $185 / mo - **Listed On**: Sep 9, 2026 - **Days on Market**: 26 Days ### Residence Features - See Remarks - Private Outdoor Space Over 60 Sqft ## Estimated Monthly Payment **$5,742 / month**, assuming a 20% down payment ($219,800), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $5,557 - **Property Taxes**: $185 Estimates only. Actual payments may vary. Confirm terms with your lender. ## Sales and market data ### How this price compares - **This home**: $1,099,000 - **Median sold price**: $932,500 - **Difference**: +$166,500 (+17.9%) - **This home, $/ft²**: $611 - **Comparable sales**: 8 - **Sales from**: March 2022 – August 2026 - **Middle half of those sales**: $711,750 – $991,250 Based on house sales in East Flatbush. Square footage is recorded for only 3 of these 8 sales (38%), so no price per square foot is shown for this group. Floor areas are usually recorded for house sales, so this is a thin patch in the records rather than the norm. A house is not part of a building of comparable apartments, so this benchmark is drawn from house sales across East Flatbush. Apartment sales are excluded from it entirely. ### How these sales were negotiated - **Sale-to-list price**: 94.6% (6 sales) - **Sold below asking**: 83% (6 sales) - **Typical time to find a buyer**: 76 days (7 sales) - **Typical time to close**: 85 days (7 sales) Based on house sales in East Flatbush with the required listing and closing data. Sample sizes vary by metric. These are two separate periods measured on different clocks — time to find a buyer, and time from agreed deal to closing. They are medians of different sets of sales and do not add together into a single "days on market" figure. Sales data through August 2026. Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for. [See every recorded sale at 556 Schenectady Avenue](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/556-schenectady-avenue) ## About The Building ### 556 Schenectady Avenue 556 Schenectady Avenue, Brooklyn, NY 11203 A Townhouse in the neighborhood. - **Active Units**: 1 - **Floors**: 2 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/556-schenectady-avenue) ### Available Residences — For Sale (1) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [N/A](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11203/556-schenectady-avenue-ny-11203) | 4 | 2 | 1,800 sqft | $611 | $1,099,000 | Compass | Sep 9, 2026 | 26 days | ## East Flatbush Overview of East Flatbush [Explore East Flatbush](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/east-flatbush) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods) ### Nearby East Flatbush - [Flatbush real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/flatbush) - [Flatlands real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/flatlands) - [Brownsville real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/brownsville) - [Crown Heights real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/crown-heights) - [Canarsie real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/canarsie) ## Related Links - [556 Schenectady Avenue — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/556-schenectady-avenue) - [East Flatbush neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/east-flatbush) - [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) - [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact) --- > RLS IDX Data display by Real Estate Rebate Team. 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. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. > All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.