Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $850,000

· Closed June 6, 2016

2716 Cortelyou Road
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Closed For Sale Multi Family

$850,000

2716 Cortelyou Road

Flatbush, Brooklyn

MLS® #RLS10048503

RLS at REBNY

Listing by The Corcoran Group

Studio

Bedroom

0

Bath

N/A

Sq. Ft.

1899

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 0
Year Built 1899
Neighborhood Flatbush

Property Highlights

  • Style: Prewar architecture
  • Character: Pre-war building (1899)

Property Details

Type Multi Family
Baths null Full
Pets Yes
Year Built 1899
Architectural Style Prewar
Parcel # 05171-0071
Block/Lot 5171/0071

Description

CALLING ALL DEVELOPERS! Get in on the ground floor of Brooklyn's New Hot Spot! Property Values in adjacent neighborhoods like Lefferts Gardens, Ditmas Park and Prospect Park South have skyrocketed making FLATBUSH the savvy developers target area for new development.The subject property is a 3,760 square foot parcel of land with a 2 unit house, zoned R6 in the rapidly emerging Flatbush neighborhood. The property is flanked by two, four story, 24 unit rental buildings, The site offers an as-of-right FAR of 2.43, allowing for 9,137 buildable square feet. The property is outside of the Geographic Exclusion Area, allowing for the potential to utilize the 421(a) tax abatement program. The neighborhood currently has a shortage of new construction apartment units, while the demand for new housing in the southern section of Prospect Park has continued to rise. Rents at new buildings in the vicinity have reached over $40/SF.Block # 05171Lot# 0071 Lot Dimensions: 40 x 90Lot Sq Ft: 3,760 FAR as built: .5Usable Floor Area/Residential Sq Ft: 1,880 Max FAR: 2.43Maximum Usable Floor Area: 9,137 Zoning: R6Residential FAR: 2.43Facility FAR: 4.8 Annual Property Taxes: $3557

Building Information

Total Units 2
Style Prewar

Flatbush features one of Brooklyn's most varied housing stocks, including grand detached Victorians along Ocean Avenue, limestone and brownstone rowhouses, prewar apartment buildings, and brick townhomes within landmarked districts like Prospect Park South and Ditmas Park. The Q, 2, and 5 trains connect the neighborhood to Manhattan, while Prospect Park's 526 acres of green space border the northern edge. The restored Kings Theatre, a 1920s-era landmark performance venue, and Erasmus Hall High School, founded in 1786, are among the area's most notable architectural features.

Flatbush Live Market Data

View Neighborhood

Active Listings

41

Median Asking Price

$525K

Median $/Sqft

$480

Avg Days on Market

N/A

New This Week

2

Price Reduced

37%

Sold (30 Days)

5

Median Sale Price

$445K

Live data from RLS at REBNY • Updated 3/26/26, 9:21 AM EST

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Location

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2716 Cortelyou Road, Flatbush, Kings County

Floor Plans

Floor Plan
Floor Plan
MLS® ID: RLS10048503
First Listed: 2/7/2016
Price Changed: 2/19/2016
Closed: 6/6/2016
Contract Date: 2/7/2016

Listing Courtesy of The Corcoran Group - Laura Rozos

Listing Contact: (917) 701-7340

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing 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. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

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RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 3/26/2026 at 1:21 PM UTC

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