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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.

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  1. Home
  2. Buy
  3. New York City
  4. Brooklyn
  5. 11236
  6. 10560 Flatlands 2nd Street
Property thumbnail
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•Canarsie

10560 Flatlands 2nd Street, New York City, NY 11236

Listing Courtesy of Douglas Elliman Real Estate

$659,000

Potential Rebate: $9,885

4 Beds
4 Baths
10 Rooms
2,000 sqft
Built 1960
2 Stories
330/ft²
Listed on Jun 7, 2024
567 days on market
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Overview

<p>Opportunity awaits in the heart of Canarsie! This 2,000 sq ft single-family home, built in 1960, offers four bedrooms, three and a half bathrooms, and three levels of living space on a 20-foot-wide lot. The layout includes a sunken, light-filled living room, a formal dining room, an eat-in kitchen that opens to a terrace overlooking the backyard, and a finished basement complete with full bath, laundry, and the option to add a second kitchen. The primary bedroom has its own en-suite bathroom, and additional features include a private driveway, patio, balcony, and garden views.</p> <p>The home needs some work and carries violations that a buyer will need to address, but this creates a unique opportunity for developers, investors, or end users ready to bring vision and value to a well-located property. Developers will see renovation and resale potential, investors can capitalize on future rental or appreciation upside, and homeowners can transform the space into their dream home while building equity.</p> <p>Located near Flatlands Avenue shopping, Gateway Center Mall, Canarsie Park, and just minutes from the Belt Parkway and JFK Airport, the property offers convenience alongside opportunity. Several bus lines connect to the 2, 3, 4, and L trains, making commuting easy.</p> <p>Bring your contractor, your creativity, and your best offer-opportunities like this in Brooklyn don't last long.</p> <p>Call or email today to schedule your private showing and see the potential for yourself.</p> <p>&nbsp;</p> <p>&nbsp;</p>

Home Features

  • •Washer Hookup
  • •In Unit
  • •Private Outdoor Space Over 60 Sqft
  • •Smoke Free
  • •Washer Dryer Allowed

Estimated Monthly Payment

$3,793 per month

30 year fixed, 6.28% Interest

Principal and Interest
$3,256
Property Taxes
$537
Maintenance/Common Charges
$0

Estimated Rebate for this Home

One-time rebate at closing

$9,885

Monthly savings impact

$27/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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Rebates Up To

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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 Douglas Elliman Real Estate

Data Source: TRESTLE #RLS10970506

REBNY Logo

Price Analysis

Compare average listing prices and value metrics for 10560 Flatlands 2nd Street against the surrounding Canarsie market.

Based on 1 active units in building vs 15 in area

Average List Price

Building$659.0K
Neighborhood$895.6K

Price Per SqFt

Building Avg$330/ft²
Neighborhood Avg$915/ft²
Value Opportunity

64.01% Lower

than the Canarsie price-per-sq-ft average

Units in this building are listed below the neighborhood average, potentially offering better value per square foot compared to surrounding properties.

Canarsie

Overview of Canarsie

Canarsie is a waterfront community with a Caribbean beat. Located on Jamaica Bay, it is a neighborhood of homeowners who take pride in their lawns and their history. For buyers seeking Canarsie Brooklyn real estate, it offers affordable detached homes and water access.

Living in Canarsie is vibrant. The pier is a major gathering spot for fishing and concerts. As a Brooklyn NYC neighborhood, it has a strong, distinct identity.

Real Estate & Housing Market

The market for homes for sale in Canarsie includes 1- and 2-family detached and semi-detached homes.

It is one of the most affordable areas for buying a house in Brooklyn.

Lifestyle & Community

The lifestyle in Canarsie is neighborly. Block parties are legendary. The Canarsie Pier is the heart of the summer.

The community is predominantly Afro-Caribbean and African-American.

Transportation & Accessibility

Canarsie is the end of the L train line (Rockaway Pkwy). It sits far east, so the commute is longer, but you always get a seat.

Parks, Schools & Amenities

Canarsie Park spans the waterfront with skate parks and cricket fields.

Amenities: The Gateway Center mall is nearby for big-box shopping.

Who This Neighborhood Is Best For

Canarsie is best for first-time home buyers, fishing enthusiasts, and those seeking community connection.

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