487 E 93rd St #4UNITS
Brooklyn, NY 11212
Brownsville- 12 Beds
- 5 Baths
- 4,000 sqft
12 Beds
5 Baths
4,000 sqft
Home Highlights
Parking
Garage
Outdoor
Yes
HOA
None
Price/Sqft
$275
Listed
180+ days ago
Local Information
-- mins to
About this House
4 FAMILY FOR SALE IN EAST FLATBUSH!!
INCREDIBLE INVESTMENT OPPORTUNITY!! PLEASE READ BELOW FOR NOI REPORT
Legal 4 family with legal 3 bedroom basement for additional income,
FOUR UNITS OCCUPIED BASEMENT UNIT VACANT .....
Four-Family Investment Property in East Flatbush
Discover an incredible investment opportunity with this well-maintained four-family property in the heart of East Flatbush, Brooklyn. Perfectly suited for investors looking to generate substantial rental income, this property offers a blend of modern amenities and classic charm in a prime location.
Property Features:
Four Family Units: This property features four spacious and independent family units, each with its own entrance, ensuring privacy and convenience for tenants.
Legal Basement Unit: An additional legally finished basement unit adds a fifth income-generating residence, maximizing rental potential.
Outdoor Space: A private backyard provides a perfect space for outdoor activities or relaxation.
**Recent Upgrades:
New Roof: A recently installed roof ensures long-term durability and reduced maintenance costs.
New Boiler: A brand-new boiler enhances energy efficiency and ensures comfortable living conditions for tenants.
Prime Location:
Convenient Access: Located on a quiet, tree-lined street, yet close to major transportation routes, shopping, dining, and entertainment options.
Community Amenities: Proximity to local schools, parks, and community centers adds to the appeal for families and tenants.
Investment Highlights:
Income Potential: With five fully separate units, this property is ideal for investors seeking robust rental income.
Free market rentals: As a free market property, the owner has full control over setting rental rates, allowing for flexible and competitive pricing
High Demand Area: East Flatbush is a sought-after neighborhood with a strong rental market, ensuring high occupancy rates and rental demand.
INVESTMENT OPPORTUNITY ! 8 % CAP RATE ,BROWNSVILLE , FREE MARKET property in East Flatbush/BROWNSVILLE SECTION is a great investment... offering versatility, comfort, and an excellent location. It represents a prime investment opportunity with significant income potential. Don’t miss out on this chance to enhance your real estate portfolio. Contact us today to schedule a viewing!
• Multi-Family Property
• Two-story walk-up
• 5 Units
• Lot Size: 30 × 100ft
• Brand new boiler and plumbing throughout building
Expenses:
TAXES- $10,887
INSURANCE-$5,000
WATER-$3000
GAS-$3000 (HEAT & HOT WATER )
ELECTRIC-$1500
• Approximately $23,387
CURRENT RENT ROLL:
• Apt 1F: $2,040
• Apt 1R: $2,417
• Apt 2F: $3,385
• Apt 2R: $2,387
current up to date rent roll is $122,748 annual ( without basement included
• Basement: $2,500 performa currently vacant
• Annual gross Rent Roll: $122,748 NET OPERATING INCOME AFTER EXPENSE $99,361
INCREDIBLE INVESTMENT OPPORTUNITY!! PLEASE READ BELOW FOR NOI REPORT
Legal 4 family with legal 3 bedroom basement for additional income,
FOUR UNITS OCCUPIED BASEMENT UNIT VACANT .....
Four-Family Investment Property in East Flatbush
Discover an incredible investment opportunity with this well-maintained four-family property in the heart of East Flatbush, Brooklyn. Perfectly suited for investors looking to generate substantial rental income, this property offers a blend of modern amenities and classic charm in a prime location.
Property Features:
Four Family Units: This property features four spacious and independent family units, each with its own entrance, ensuring privacy and convenience for tenants.
Legal Basement Unit: An additional legally finished basement unit adds a fifth income-generating residence, maximizing rental potential.
Outdoor Space: A private backyard provides a perfect space for outdoor activities or relaxation.
**Recent Upgrades:
New Roof: A recently installed roof ensures long-term durability and reduced maintenance costs.
New Boiler: A brand-new boiler enhances energy efficiency and ensures comfortable living conditions for tenants.
Prime Location:
Convenient Access: Located on a quiet, tree-lined street, yet close to major transportation routes, shopping, dining, and entertainment options.
Community Amenities: Proximity to local schools, parks, and community centers adds to the appeal for families and tenants.
Investment Highlights:
Income Potential: With five fully separate units, this property is ideal for investors seeking robust rental income.
Free market rentals: As a free market property, the owner has full control over setting rental rates, allowing for flexible and competitive pricing
High Demand Area: East Flatbush is a sought-after neighborhood with a strong rental market, ensuring high occupancy rates and rental demand.
INVESTMENT OPPORTUNITY ! 8 % CAP RATE ,BROWNSVILLE , FREE MARKET property in East Flatbush/BROWNSVILLE SECTION is a great investment... offering versatility, comfort, and an excellent location. It represents a prime investment opportunity with significant income potential. Don’t miss out on this chance to enhance your real estate portfolio. Contact us today to schedule a viewing!
• Multi-Family Property
• Two-story walk-up
• 5 Units
• Lot Size: 30 × 100ft
• Brand new boiler and plumbing throughout building
Expenses:
TAXES- $10,887
INSURANCE-$5,000
WATER-$3000
GAS-$3000 (HEAT & HOT WATER )
ELECTRIC-$1500
• Approximately $23,387
CURRENT RENT ROLL:
• Apt 1F: $2,040
• Apt 1R: $2,417
• Apt 2F: $3,385
• Apt 2R: $2,387
current up to date rent roll is $122,748 annual ( without basement included
• Basement: $2,500 performa currently vacant
• Annual gross Rent Roll: $122,748 NET OPERATING INCOME AFTER EXPENSE $99,361
Contact this Building
Last check for updates: about 15 hours ago
Listing by: Exit Realty First Choice, (718) 807-5246
Steven Benshabat
Source: StreetEasy, MLS#S1769984
Home Details for 487 E 93rd St #4UNITS
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MLS Status: Active |
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Interior Details Number of Rooms: 20 |
Beds & Baths Number of Bedrooms: 12Number of Bathrooms: 5Number of Bathrooms (full): 5 |
Dimensions and Layout Living Area: 4000 Square Feet |
Appliances & Utilities Appliances: DishwasherDishwasher |
Heating & Cooling No Cooling |
Fireplace & Spa No Fireplace |
Windows, Doors, Floors & Walls Flooring: Hardwood |
Levels, Entrance, & Accessibility Floors: Hardwood |
View No View |
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Exterior Home Features Patio / Porch: OtherExterior: Courtyard |
Parking & Garage Has a GarageParking: Garage |
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Days on Market: 180+ |
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Year Built Year Built: 1930 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
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Price List Price: $1,100,000Price Per Sqft: $275 |
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Direction & Address City: BrooklynCommunity: Brownsville |
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Listing Agent Listing ID: S1769984 |
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Building Area Building Area: 4000 Square Feet |
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HOA Fee: No HOA Fee |
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Special Conditions: Resale |
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Mls Number: S1769984Listing Url |
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STREETEASY Property ID: 24314208STREETEASY Building ID: 168154 |
Market trends in New York
Last updated June 2026
Avg. sale price
$767K
$4.33KMoM
Sale-to-List Price
97.9%
0.1%MoM
Price per sq ft
$653
$10MoM
Available listings
18631
48MoM
Price History for 487 E 93rd St #4UNITS
| Date | Price | Event | Source |
|---|---|---|---|
| 07/08/2026 | $1,100,000 | PriceChange | StreetEasy #S1769984 |
| 03/05/2026 | $1,150,000 | PriceChange | StreetEasy #S1769984 |
| 02/10/2026 | $1,199,999 | PendingToActive | StreetEasy #S1769984 |
| 10/24/2025 | $1,199,999 | Contingent | StreetEasy #S1769984 |
| 09/08/2025 | $1,199,999 | PriceChange | StreetEasy #S1769984 |
| 08/27/2025 | $1,288,888 | PriceChange | StreetEasy #S1769984 |
| 08/17/2025 | $1,199,999 | PriceChange | StreetEasy #S1769984 |
| 05/07/2025 | $1,288,888 | Listed For Sale | StreetEasy #S1769984 |
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Comparable Sales for 487 E 93rd St #4UNITS
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.20 | Multi-Family Home | $1,100,000 | 06/29/26 | 8 | 4 | 3,280 | |
0.19 | Multi-Family Home | $1,225,000 | 03/23/26 | 9 | 3.5 | 2,560 | |
0.28 | Multi-Family Home | $13,100,000 | 12/04/25 | 9 | 6 | 3,240 | |
0.36 | Multi-Family Home | $999,000 | 09/19/25 | 10 | 4 | 3,198 | |
0.43 | Multi-Family Home | $1,257,000 | 02/04/26 | 8 | 5 | 4,320 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 487 E 93rd St #4UNITS.
What Locals Say about Brownsville
At least 781 Trulia users voted on each feature.
91 % Say there are sidewalks
88 % Say it's walkable to grocery stores
71 % Say it's dog friendly
65 % Say it's walkable to restaurants
65 % Say kids play outside
64 % Say streets are well-lit
51 % Say there's holiday spirit
48 % Say yards are well-kept
48 % Say neighbors are friendly
47 % Say car is needed
43 % Say there are community events
38 % Say people would walk alone at night
34 % Say they plan to stay for at least 5 years
30 % Say parking is easy
29 % Say it's quiet
24 % Say there's wildlife
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
487 E 93rd St #4UNITS, Brooklyn, NY 11212 is a 12 bedroom, 5 bathroom, 4,000 sqft multi-family built in 1930. 487 E 93rd St #4UNITS is located in Brownsville, Brooklyn. This property is currently available for sale and was listed by StreetEasy on May 7, 2025. The MLS # for this home is MLS# S1769984.

