3,850 Lot Size0.09 Acres
700 Schenck Avenue, New Lots
Est: $4,365/moGet pre-approved

Description

700 and 702 Schenck Avenue present a rare opportunity to acquire two vacant lots offered together as a package deal, complete with approved plans to develop two three-family residences. Priced at $750,000 for both lots, this offering is ideally suited for investors or developers looking to capitalize on a rapidly evolving Brooklyn neighborhood with strong upside potential. The approved plans streamline the development process, allowing you to move directly into execution and bring two income-producing...700 and 702 Schenck Avenue present a rare opportunity to acquire two vacant lots offered together as a package deal, complete with approved plans to develop two three-family residences. Priced at $750,000 for both lots, this offering is ideally suited for investors or developers looking to capitalize on a rapidly evolving Brooklyn neighborhood with strong upside potential. The approved plans streamline the development process, allowing you to move directly into execution and bring two income-producing properties to life, with 700 Schenck Avenue offering approximately 3,316 square feet of floor area plus a cellar, and 702 Schenck Avenue offering approximately 2,764 square feet of floor area plus a cellar.

With demand for well-designed multi-family housing on the rise, this project offers the ability to create modern residences tailored to today’s rental market while maximizing long-term returns. East New York continues to see significant growth, driven by infrastructure improvements and increasing interest from both end-users and investors. The property is conveniently located near the New York City Subway, with access to the A, C, J, and L lines providing a relatively easy commute into other parts of Brooklyn and Manhattan. Nearby green spaces such as Highland Park and Shirley Chisholm State Park offer expansive outdoor amenities, biking trails, and waterfront views.

The surrounding neighborhood features a growing selection of local dining and everyday conveniences, with popular spots like East Harbor Seafood Palace, Lindenwood Diner, and neighborhood cafes adding to the area’s appeal. With ongoing residential development and city investment, East New York is steadily transforming into a strong destination for long-term growth. This is a compelling opportunity to secure two buildable lots with plans in place in a neighborhood on the rise—perfect for developers seeking scale, efficiency, and future value.

For a full set of approved plans, please email us directly.
LISTING UPDATED: 04/21/2026 12:14 PM

Listing Agents

  1. Joshua Golan

    Joshua Golan

    Listing Agent

    Compass

    P: (718) 415-4410

  2. Adam Sadel

    Adam Sadel

    Alternative Listing Agent

    Compass

    P: (201) 370-8465

  3. The Golan Team

    The Golan Team

    Alternative Listing Agent

    Compass

    P: (718) 454-5400

Property Details for 700 Schenck Avenue

Status
Days on Market
127
Taxes
$553 / month
Maintenance
-
Min. Down Pymt
-
Total Rooms
-
Property Type
MLS Type
Land
Year Built
-
Lot Size
3,850 SF

Location

Add your commute

Building Information for 700 Schenck Avenue

Lot Size3,850 SFBuilding Age-Building Type-

Payment Calculator

$4,365 per month

30 year fixed, 6.55% Interest

Principal and Interest

$3,812

Property Taxes

$553

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

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Property History for 700 Schenck Avenue

DateEvent & SourcePriceAppreciationLink
Apr 6, 2026

Listed (Active)

Manual

$750,000
Dec 9, 2022

Temporarily Off Market

ONEKEY #3402954

$199,000
Aug 30, 2022

Sold

ONEKEY #3402941

$192,500
DateEvent & SourcePrice
04/06/2026

Listed (Active)

Manual

$750,000
12/09/2022

Temporarily Off Market

ONEKEY #3402954

$199,000
08/30/2022

Sold

ONEKEY #3402941

$192,500

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 700 Schenck Avenue

Taxable ValueLand-Additions-Total-
Home Facts
APN3043060034

Schools near 700 Schenck Avenue

This home is within New York City Geographic District #19.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 8
Rating
School
Distance
P.S. 213 New Lots
PublicPK to 5

Van Siclen Community Middle School
Public6 to 8

Is 364 Gateway
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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700 Schenck Avenue is a 0.09 ac of land for sale in New Lots. This property was listed for sale on April 6, 2026 by Compass, it's currently listed at $750,000. It has been on the market for a total of 127 days and was last sold on August 30, 2022. This listing's school district is New York City Geographic District #19. Nearby schools include P.S. 213 New Lots, Van Siclen Community Middle School and The East New York Arts and Civics High School. 700 Schenck Avenue is a 0-bed, 0-bath, 0.09 ac of land on a 3,850 sq. ft. / 0.09 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

This 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. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2026, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY 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 information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2026 The Real Estate Board of New York, Inc., All rights reserved.