Two-Story Four-Family with
487 E 93rd Street Brooklyn, NY 11212
For Sale
$1,150,000
MULTI_FAMILY - Other - Brooklyn, NY
Lot Size0.07 Acres
Days on Market109
Property Features for 487 E 93rd Street
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Rooms
Basement
Parking
3
Parking features
Driveway
Basement
Finished, Storage Space
Standard status
Active
APN
04690-0022
Lot size
0.07 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
11409
Building Details
Year built
1930
Number of units
5
Building materials
Brick
Architectural style
Other
Listing Agency:
Exit Realty First Choice
(718) 380-2500
Listed By:
Steven S. Benshabat
(718) 380-2500
Added: Apr 10
Changed: Jul 17
Last Checked: Jul 27 at 8:06PM
MLS# 983544
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located at 487 E 93rd Street in Brooklyn, this two-story walk-up multifamily property is configured as a legal four-family residence plus a legal basement unit. The building includes five separate living units, and the four family units are described as each having its own entrance for tenant privacy. There is also a private backyard. Recent capital improvements include a newly installed roof and a brand-new boiler, along with plumbing upgrades referenced in the remarks.
The property is positioned in the East Flatbush/Brownsville area on a quiet, tree-lined street, while still being described as convenient to major transportation routes and nearby shopping, dining, and entertainment options. In addition, the listing notes proximity to local schools, parks, and community centers.
For investors or owner-operators, the layout supports independent tenancy across five units, including one legal basement apartment. The remarks describe the property as a free-market rental arrangement, with the owner able to set rental rates, and cite current unit rents alongside a basement performance amount noted as currently vacant. The listing also states that leases expire in March 2026 and references an annual gross rent roll figure of $122,748, with the basement unit excluded from that total.
The property is positioned in the East Flatbush/Brownsville area on a quiet, tree-lined street, while still being described as convenient to major transportation routes and nearby shopping, dining, and entertainment options. In addition, the listing notes proximity to local schools, parks, and community centers.
For investors or owner-operators, the layout supports independent tenancy across five units, including one legal basement apartment. The remarks describe the property as a free-market rental arrangement, with the owner able to set rental rates, and cite current unit rents alongside a basement performance amount noted as currently vacant. The listing also states that leases expire in March 2026 and references an annual gross rent roll figure of $122,748, with the basement unit excluded from that total.
Key Highlights
- Legal 4‑family property with a legal 3‑bedroom basement unit, providing 5 income‑generating units.
- High Net Operating Income (NOI) of $99,361.
- Free market property, allowing full control over rental rates.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Apartment building - Five income units in a two-story walk-up, with a new roof and boiler plus a private backyard.
Where is this apartment building located?
The property is located at 487 E 93rd Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Legal 4‑family property with a legal 3‑bedroom basement unit, providing 5 income‑generating units.; **High Net Operating Income (NOI) of $99,361.**; Free market property, allowing full control over rental rates.
