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Renovated Two-Family Home
For Sale
$899,000
Pending

627 42nd Street, Brooklyn, NY 11203

Semi-detached, renovated two-family home in East Flatbush.

Property SizeContact for details
Days on Market640

Property Features for 627 42nd Street

General Information

Standard status Pending
Property subtype Multi Family

Taxes and HOA fees

Annual Taxes $6,284
Listing Agency: Bedford Brownstone Realty LLC
Listed By: Leslie Dixon
Source: Exitrealty
Added: Dec 9, 2024 Changed: Sep 8 Last Checked: Sep 9 at 7:36AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Bedford Brownstone Realty LLC

Investment Insights

Based on property information with market context.

This semi-detached, renovated two-family home is located in the heart of East Flatbush. The first floor features an open-concept living room and kitchen area, modern lacquered white cabinetry with quartz countertops, two spacious bedrooms, and one and a half bathrooms. It also provides access to the backyard and interior stairs leading to a large, full finished basement. The second-floor unit includes two bedrooms and one bathroom, along with a new kitchen and bathroom. A retractable ladder provides access to the full attic space for extra storage. There is a separate entrance to the full finished basement from the outside. The property includes a shared driveway with a detached garage. New floors are installed throughout, along with a new roof. Both units have a washing machine and split-unit air conditioners. Separate utilities are in place. The property is close to the 2 and 5 subway lines, various shops, hospitals, and Prospect Park.

Key Highlights

  • Renovated 2‑family home in East Flatbush offering immediate rental income potential or multi‑generational living.
  • First floor features an open‑concept living space, modern kitchen with quartz countertops, and access to a backyard and finished basement.
  • Full, finished basement with separate entrance provides additional living or storage space.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Gym & Fitness Center Skin Care Clinic Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,747
Businesses Nearby

Demographics for 11203, NY

81,824
Population
33,434
Households
2.4
Avg Household Size
41
Median Age
26%
College-Educated
88%
High-School Grad
2.1 sq mi
ZIP Area
38,964
Density / Sq Mi
$68,028
Median Household Income
$47,302
Median Earnings
$1,566
Median Rent
$677,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Semi-detached, renovated two-family home in East Flatbush.
Where is this duplex located?
The property is located at 627 42nd Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Renovated 2‑family home in East Flatbush offering immediate rental income potential or multi‑generational living.; First floor features an open‑concept living space, modern kitchen with quartz countertops, and access to a backyard and finished basement.; Full, finished basement with separate entrance provides additional living or storage space.
More about this property
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