487 E 93rd Street, Brooklyn, NY 11212
Property image
Property image
FOR SALE

487 E 93rd Street
Brooklyn, NY 11212

Brownsville
  • Studio
  • 3,440 sqft

$1,150,000

Original price: $1,200,000
Est. Mortgage $6,580/mo*
Get Pre-Qualified

$1,150,000

Original price: $1,200,000
Est. Mortgage $6,580/mo*
Get Pre-Qualified
Studio
3,440 sqft

Home Highlights

Parking
Garage
Climate Control
Heating only
Price/Sqft
$334
Listed
128 days ago

Local Information

  • Map ViewExplore the area around 487 E 93rd Street.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Legal 4 Family + Legal Basement investment Opportunity *% cap Rate

INCREDIBLE INVESTMENT OPPORTUNITY!! PLEASE READ BELOW FOR NOI REPORT

Legal 4 family with legal 3 bedroom basement for additional income

Exceptional Four-Family Investment Property in East Flatbush

"THIS PROPERTY IS "S IS " TENANTS WONT ALLOW ACCESS

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 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.


PROPERTY DETAILS: TAXES $9457

• 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
Leases expire march 2026

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
Last check for updates: about 19 hours ago
Listing by: Exit Realty First Choice, (718) 380-2500
Steven S. Benshabat, (718) 380-2500
Source: OneKey® MLS as distributed by MLS GRID, MLS#983544
Also Listed on OneKey® MLS as distributed by MLS GRID.

Home Details for 487 E 93rd Street

Interior Features

Interior Details
Basement: Finished,See Remarks,Storage Space
Appliances & Utilities
Utilities: None
Heating & Cooling
Heating: OtherNo CoolingAir Conditioning: NoneHas Heating
Fireplace & Spa
No FireplaceNo Spa
Gas & Electric
Gas: Separate Gas Meters: 5
View
No ViewView: None

Exterior Features

Exterior Home Features
Fencing: Back Yard, BrickFoundation: Brick/MortarNo Private Pool
Parking & Garage
Number of Garage Spaces: 1Number of Covered Spaces: 1No CarportHas a GarageHas Open ParkingParking Spaces: 3Parking: Driveway
Water & Sewer
Sewer: Other

Days on Market

Cumulative Days on Market: 84Days on Market: 128

Property Information

Year Built
Year Built: 1930Year Renovated: 1930
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Quadruplex, Multi FamilyArchitecture: Other
Building
Construction Materials: BrickNot Attached Property
Property Information
Condition: ActualParcel Number: 046900022

Price & Status

Price
List Price: $1,150,000Price Per Sqft: $334

Active Status

MLS Status: Active

Location

Direction & Address
City: Brooklyn
School Information
Elementary School: Ps 219 Kennedy-KingJr High / Middle School: Middle School For Art And PhilosophyHigh School: East Brooklyn Community High SchoolHigh School District: Brooklyn 18

Agent Information

Listing Agent
Listing ID: 983544

Building

Building Area
Building Area: 3440 Square Feet

Community

Not Senior Community

Lot Information

Lot Area: 3000 sqft

Listing Info

Special Conditions: None

Offer

Listing Agreement Type: Exclusive Right To SellListing Terms: Cash, Conventional

Business

Expense
Tenant Pays: Electricity, Gas

Miscellaneous

BasementMls Number: 983544Attic: NoneAttribution Contact: 718-380-2500Showing Requirements: 24 Hour Notice, Appointment Only, Call Listing Agent, Lockbox, Occupied, See Remarks

Around this home

View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Brownsville
See Local Highlights
Neighborhood stats provided by third party data sources.

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.
  • Yerismith21
    "Block parties and the park is lively at spring and summer time. The trains are easily accessible and the public transportation as a whole is dependable and not limited. The Caribbean culture is everywhere so good food and music all around"
    0
    Flag
  • Lawrence Darnell
    "School concerts and street fairs. As well as the Labor Day parade is only a few streets away from the parade route."
    0
    Flag
  • Kaleem Morrison
    "Giving back organizations & The People in the neighborhood are very friendly they look out for each other "
    0
    Flag
  • Kong
    "One of the most dangerous places to live surrounded by public housing, gangs, drugs, unhealthy restaurants without culture. Highest murder rates in the city. "
    1
    Flag
  • Rhayana Francis
    "You see people walking their dogs with no leash and don’t clean up after them most times. I think more doggy poop bins should be near by. "
    5
    Flag
  • Trulia User
    "Rules to living in East Flatbush; 1) Learn the Alternate Side Parking Rules, 2) If you don’t find parking on the street by 5PM, then you’ll have to look 5AM, 3) There’s a lot of working families that are predominantly immigrants so respect everyone’s culture, and 4) Get used to house parties and loud music on the weekends, and especially around Labor Day Weekend."
    2
    Flag
  • Trulia User
    "I move here from East New York, Brooklyn at 8-9 years old then everyone treated me as a family member born there but I wasn’t born here , I was raised here here even when I move to the Bronx I was coming out here everyday after school or for work .. and it’s a mixed culture neighborhood with unity and love for each other ."
    17
    Flag
  • Trulia User
    "Great commute to the city. Not far from buses and train stations. I commute daily from east Flatbush to lower Manhattan on a daily basis to go back and forth from work to home. My children also commute back and forth on the trains and buses to get to school, activities and even on the weekends to spend time with tripwire families. "
    7
    Flag
  • Trulia User
    "It’s not too bad. Living in East Flatbush has its challenging moments nut over all the public transportation in this area is really accessible. It takes me about 40 minutes to get back and forth to work "
    4
    Flag
  • Trulia User
    "Love it. It feels like a secret place in Brooklyn. I have my own drive way so I’m good. Nice people "
    0
    Flag
  • Trulia User
    "great parks,and good schools ,everything is close by. laundromat, deli's, shopping stores, library transportation! "
    0
    Flag
  • Trulia User
    "I would like a dog park built somewhere cause my kids love playing with cool dogs. It's very crafty for dogs to enjoy living in the neighborhood where we live.."
    0
    Flag
  • Trulia User
    "There plenty of space on the sidewalks to walk with your dogs without getting in other peoples way. "
    0
    Flag
  • Trulia User
    "I’ve lived in this area for 7 years people are nice, area is clean, most of the citizens don’t pick up after their dogs, lots of kids in the park and the hospital is good "
    12
    Flag
  • Trulia User
    "Needs improvement, Still effected by red lining and disenfranchisement. There are no close activities for kids and not many healthy food options "
    0
    Flag
  • Trulia User
    "There are many shops and retail stores. it can get quite busy on the weekends but is overall a nice place to live in. "
    0
    Flag
  • Trulia User
    "It’s not unique but it’s convenient for everyday shopping and transportation . The buses are near by."
    3
    Flag
  • Trulia User
    "Too much to list summer time and spring is good times it’s a diverse area and different cultures Resturant and events and we have the kings theater! "
    0
    Flag
  • Trulia User
    "the bus and train always running noise and there are a lot of beautiful people that live around here "
    0
    Flag
  • Trulia User
    "There are a lot of dogs in the neighborhood that you see while you are walking around. The dogs are on leashes "
    0
    Flag
  • Trulia User
    "Definitely dog friendly. I see them every day over here. And yes people do clean up after them. People in the area are comfortable around dogs."
    0
    Flag
  • Trulia User
    "Brownsville/East New York is Changing for the better!!! Buyers are now realizing that you can buy a big, beautiful older home, usually with parking, driveway/garage and still be close to the 3/4 train for easy access to north Brooklyn or Manhattan. Many of the homes also have balconies, rare finds in Brooklyn. I live in Manhattan for years and decided to buy a home here. I highly recommend looking in Brownsville/ENY area. "
    0
    Flag
  • Trulia User
    "Brownsville and East New York has some big, old beautiful townhouses. The neighborhood is still affordable compared to the rest of Brooklyn but it is quickly changing. If you are looking to beat the gentrification rush then it’s really worth it"
    1
    Flag
  • Trulia User
    "Good place to live. Convenient to travel to any part of the City. Culturally diverse and sometimes very loud"
    0
    Flag
  • Trulia User
    "It’s ok not a Bad neighborhood it’s clean animal friendly neighborhoodThe neighborhood is OK for animals and pets there’s no problems"
    0
    Flag
  • Trulia User
    "Noisy and crowded during the day. Many people are not friendly and mind their business. Hospital is very close and 2 urgent care facilities are near by"
    0
    Flag
  • Trulia User
    "Lived here for 19 years and it’s a comfortable place to live. The schools and parks are great the bus and train are convenient "
    0
    Flag
  • Trulia User
    "They like that they don’t enforce picking up after their dogs, so they usually leave their dog’s poop lingering "
    0
    Flag
  • Trulia User
    "I’ve lived here for 15 years and you can be into Manhattan within 30 minutes. That is great and convenient."
    1
    Flag
  • Trulia User
    "None. It is not safe here. Shooting in the daylight. Any street function always turn violent. Not safe"
    0
    Flag
  • Trulia User
    "I live there but don’t hang out around hear that my way really don’t like the area . Shopping is ok personality’s are not positive for all "
    0
    Flag
  • Trulia User
    "Easy access to public transportation. Plenty of supermarkets and green groceries shops. It’s called little Caribbean city with many Caribbean restaurants ."
    0
    Flag
  • Chrissy S.
    "The bus is right at the corner. You have the option of catching 3 buses depending on the direction you walk in."
    2
    Flag
  • Chantelle E.
    "This neighborhood is like a family we have each other’s backs no matter what. There’s parks and schools and plenty of stores "
    0
    Flag
  • Frazrcharlene
    "the shops the cultures the easy access to public transportation the quiet nights the schools and churches are welcoming "
    8
    Flag
  • Julius C.
    "It’s noisy at night. To much people hanging out on the street. There’s lots of trash on the street corners"
    5
    Flag
  • Medina R.
    "its alot of pedophiles in Brownsville so keep your kids in site at all times. and alot of shootings in broad day light."
    8
    Flag
  • Nathalia S.
    "The block parties are pretty popular when they used to be done. But you do see a lot of gatherings and people coming together "
    1
    Flag
  • Mrsjustbizz
    "There are tons of community programs for local children, but communuty/residents do not want to look into them. These programs will help keep these children off the street!"
    1
    Flag
  • Themack223
    "The neighborhood is very dangerous, but when you get to know the people in the neighborhood you’ll be ok."
    0
    Flag

Market trends in New York

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$794K
$26.67KMoM
Sale-to-List Price
98.0%
0.1%MoM
Price per sq ft
$679
$26MoM
Available listings
17724
933MoM

Home Value

Trulia Estimate
$1.15M
Since last month
Increased$18K (+1.6%)
Since last year
Decreased$104K (-8.3%)
Since last sale
Decreased$151K (-11.6%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value decreased by -3% in the last 10 years
MonthEstimated value
2026
August 2026$1.15M
July 2026$1.13M
June 2026$1.18M
May 2026$1.19M
April 2026$1.22M
March 2026$1.16M
February 2026$1.16M
January 2026$1.15M
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
533 E 96th Street #4, Brooklyn, NY
0.20
Multi-Family Home
$1,100,000
06/29/26
8
4
3,280
594 E 92nd St, Brooklyn, NY
0.19
Multi-Family Home
$1,225,000
03/23/26
9
3.5
2,560
400 Rockaway Parkway, Brooklyn, NY
0.21
Multi-Family Home
$999,000
02/12/26
1
1
3,198
2304 Strauss Street, Brooklyn, NY
0.29
Multi-Family Home
$1,081,500
03/04/26
7
4
3,198
309 Rockaway Pkwy, Brooklyn, NY
0.35
Multi-Family Home
$1,125,000
10/20/25
7
4
3,198

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
487 E 93rd St #4UNITS, Brooklyn, NY 11212
0.00
$1,100,000
12
5
4,000
For Sale
506 E 94th St, Brooklyn, NY 11212
0.04
$1,209,100
6
6
2,400
Off Market
479 E 94th St, Brooklyn, NY 11212
0.05
$875,000
8
4
-
For Sale
494 95th Street #4, Brooklyn, NY 11212
0.07
$2,645
1
1
3,608
Recently Sold
496 E 95 Street, Brooklyn, NY 11212
0.08
$1,341,900
8
4.5
-
Off Market
455 E 94th St #f320a52c6, Brooklyn, NY 11212
0.06
$6,000,000
31
25
26,000
For Sale
448 E 94th St, Brooklyn, NY 11212
0.05
$6,000,000
32
28
25,600
For Sale
455 E 93rd St, Brooklyn, NY 11212
0.05
$835,000
4
2
1,505
For Sale
1050 Willmohr St, Brooklyn, NY 11212
0.07
-
Studio
-
-
Off Market
1022 Linden Blvd, Brooklyn, NY 11212
0.08
$978,100
6
3
2,276
Off Market
1055 Willmohr St #1, Brooklyn, NY 11212
0.10
$955,900
5
2
2,881
Off Market

Price and Tax history

DateEventPrice
Jul 6, 2026
Source: OneKey® MLS as distributed by MLS GRID #983544
PriceChange
$1,150,000
Price decreased by 4%
Apr 13, 2026
Source: OneKey® MLS as distributed by MLS GRID #983544
PendingToActive
$1,200,000
Oct 30, 2025
Source: OneKey® MLS as distributed by MLS GRID #853176
Pending
$1,200,000
Sep 17, 2025
Source: OneKey® MLS as distributed by MLS GRID #853176
PriceChange
$1,200,000
Price decreased by 7%
May 5, 2025
Source: OneKey® MLS as distributed by MLS GRID #853176
PriceChange
$1,288,888
Price decreased by 1%

LGBTQ Local Legal Protections

Steven S. Benshabat, Exit Realty First Choice, (718) 380-2500
Agent Phone: (718) 380-2500
Based on information submitted to the MLS GRID as of 2026-08-18 12:08:02 PDT 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. Some IDX listings have been excluded from this website. Click here for more information

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Frequently asked questions about 487 E 93rd Street

  • What is the estimated monthly payment for 487 E 93rd Street?
    Based on a $1,150,000 list price with 20% down at today's rates, the estimated monthly payment for 487 E 93rd Street in Brooklyn, NY is approximately $6,678 (about $5,913 principal & interest, $690 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 487 E 93rd Street compare to homes in Brooklyn?
    487 E 93rd Street in Brooklyn, NY is listed at $1,150,000, about 45% above the $794K median sale price in Brooklyn.
  • What do residents say about the Brownsville neighborhood?
    Residents describe the Brownsville neighborhood in Brooklyn, NY as pedestrian-friendly, walkable to grocery stores, and dog-friendly. See homes for sale in Brownsville, Brooklyn.
  • What are the closest schools to 487 E 93rd Street?
    The closest schools to 487 E 93rd Street in Brooklyn, NY are East Brooklyn Community High School, Middle School For Art And Philosphy (rated 6/10), Ps 219 Kennedy King (Pre-K/Elementary, rated 4/10).
487 E 93rd Street, Brooklyn, NY 11212 is a studio, 3,440 sqft multi-family built in 1930. 487 E 93rd Street is located in Brownsville, Brooklyn. This property is currently available for sale and was listed by OneKey® MLS as distributed by MLS GRID on Apr 13, 2026. The MLS # for this home is MLS# 983544.