250 MIDWOOD Street, New York City, NY 11225
Listing Courtesy of Corcoran Group
$1,800,000
Potential Rebate: $27,000
Overview
The best use for this 40X100 lot is DEVELOPMENT. Neatly nestled in prime PLG this property is efficiently located between two major subway lines.<br> It's location to stable and energized Prospect Park is an unequivicol draw for residents. The treelined street will make buyers feel at home:<br> <br> Zoning: R6<br> FAR: 2.43<br> Gross Buildable 9718<br> Block & Lot: 5036 / 18<br> Location: Prospect Lefferts Garden<br> <br> PLG is a hot community with booming "Goods & Services" Comprable development are being well recieved by the condo buyers community.<br> <br> This is a can't miss for a savvy Developer.
Home Features
- •In Unit
- •Private Outdoor Space Over 60 Sqft
- •Smoke Free
Estimated Monthly Payment
$9,469 per month
30 year fixed, 6.28% Interest
Estimated Rebate for this Home
One-time rebate at closing
$27,000
Monthly savings impact
$75/mo
💡 Estimated at 1.5% of purchase price
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: This calculator provides estimates for informational purposes only. Actual monthly payments, interest rates, taxes, and rebate amounts may vary. The rebate calculation is an estimate and subject to final terms. This information is not provided by the Real Estate Board of New York (REBNY).
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Listings
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. ©2025 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 for no listing shall the number of bedrooms listed be considered a legal conclusion.
The Real Estate Rebate Team
Listing Courtesy of Corcoran Group
Data Source: TRESTLE #RLS20032188
Price Analysis
Compare average listing prices and value metrics for 250 MIDWOOD Street against the surrounding Prospect Lefferts G market.
Average List Price
Price Per SqFt
35.71% Higher
than the Prospect Lefferts G price-per-sq-ft average
This building commands a premium compared to the neighborhood baseline. This typically indicates superior amenities, newer construction, or prime positioning within Prospect Lefferts G.
Prospect Lefferts G
Overview of Prospect Lefferts Gardens
Prospect Lefferts Gardens (PLG) is the "best kept secret" that isn't a secret anymore. Located on the eastern side of Prospect Park, it features some of the most beautiful architecture in the city. For buyers seeking Prospect Lefferts Gardens Brooklyn real estate, it offers limestone mansions and pre-war granduer.
Living in PLG is grand. The historic district is stunning. As a Brooklyn NYC neighborhood, it offers Park Slope beauty at a discount (though that gap is closing).
Real Estate & Housing Market
The market for homes for sale in PLG includes limestone townhouses, detached vectorians, and large pre-war co-ops.
It is distinct for its "Lefferts Manor" covenant which restricts land use to single-family homes in certain areas.
Lifestyle & Community
The lifestyle in PLG is Caribbean-infused. Flatbush Avenue is lively with jerk chicken spots and bakeries.
The community is a vibrant mix of long-time Caribbean residents and young professionals.
Transportation & Accessibility
PLG is served by the B, Q, 2, and 5 trains. It has arguably the best express transit in Brooklyn.
Parks, Schools & Amenities
Prospect Park is the front yard. The LeFrak Center at Lakeside is right there.
Amenities: The food scene is growing, with hip cafes opening next to established roti shops.
Who This Neighborhood Is Best For
PLG is best for architecture buffs, families, and anyone who wants to live right on Prospect Park.
