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566 Schenectady Avenue, Brooklyn, NY 11203

$1,200,000
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Sold Price
$1,200,000
Days on Market
120
Closing Date
Jul 14, 2026
MLS#
925844
Status
CLOSED
Property Type
Mixed Use
Year Built
1945
Property Tax
$19,828
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(516) 328-0668

Property Description

Welcome to 566 Schenectady Avenue, a unique investment opportunity in the heart of East Flatbush, Brooklyn. This combined parcel (564 & 566), two properties, has been seamlessly merged into a single, expansive lot with R6 zoning, allowing for flexible residential or mixed-use development up to 4 stories under the current zoning code. Features include a private elevator (3 zones), basement leading to rear exclusive parking, and wide frontage for visibility. Currently operating as a fully equipped medical office, this commercial building is ideally located directly across from a major hospital, making it a turnkey solution for healthcare professionals or investors targeting healthcare, residential, or community facility tenants. This property presents a rare blend of existing income potential, development flexibility, and a strategic location in a high demand medical corridor. Whether you're a developer, investor, medical professional, or someone seeking a commercial property, this commercial asset is an opportunity you won't want to miss.

(516) 328-0668
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Additional Information

Acres
0.09
Parking
Alley Access, Driveway, Private
Basement
Finished, Full, See Remarks, Walk-Out Access
Heating
Natural Gas
Cooling
Ductless, Wall/Window Unit(s)
Water
Public
Sewer
Public Sewer
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Listing courtesy of Listing Agent: Dilon Mohan (askdilon@gmail.com) from Listing Office: Real Broker NY LLC.

Selling Office: Real Broker NY LLC.

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.