780-new-york-avenue-2-091114

We were saddened to find this ad marketing a circa-1900 standalone wood frame house in East Flatbush as a development site for $1,000,000. Instead of describing the home, CPEX notes that the house at 780 New York Avenue sits on a 2,500-square-foot lot that’s zoned for a building as large as 10,000 square feet. A potential developer could also take advantage of the property’s 421-a tax abatement.

It seems like the house is being flipped after selling for $480,000 in May. It’s located across the street from SUNY Downstate, just outside the Prospect Lefferts Gardens border.

Photo by Nicholas Strini for PropertyShark


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