East Flatbush Investment
487 E 93rd St Brooklyn, NY 11212
For Sale
$1,200,000
Four family property with a legal basement unit.
Lot Size0.07 Acres
Days on Market95
Property Features for 487 E 93rd St
General Information
Standard status
Active
Lot size
0.07 Acres
Property subtype
Investment
Building Details
Year Built
1930
Listing Agency:
keram inc
(718) 380-2500
Listed By:
Steven S. Benshabat
(718) 380-2500
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Jul 27 at 11:37AM
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 keram inc
Investment Insights
Based on property information with market context.
This well-maintained four-family property, located in East Flatbush, Brooklyn, presents an investment opportunity with income potential. The property features four spacious and independent family units, each with its own entrance. A legally finished basement unit adds a fifth income-generating residence. A private backyard provides space for outdoor activities. Recent upgrades include a new roof and a new boiler, enhancing energy efficiency. The property is located on a quiet, tree-lined street, with access to transportation, shopping, dining, and entertainment. Proximity to local schools, parks, and community centers adds to the appeal for tenants. As a free market property, the owner has control over setting rental rates. The property is a two-story walk-up with new plumbing throughout the building. The lot size is 30 x 100ft. The location has a walk score of 73, a transit score of 84, and a bike score of 56.
Key Highlights
- Legal 4‑family property with a legal 3‑bedroom basement unit, providing 5 income‑generating units.
- Excellent Transit Score (84) and Very Walkable Score (73) indicating convenient access to transportation and amenities.
- New roof and brand‑new boiler and plumbing throughout the building, reducing maintenance costs and ensuring tenant comfort.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Apartment building - Four family property with a legal basement unit.
Where is this apartment building located?
The property is located at 487 E 93rd St Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,200,000.
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.; Excellent Transit Score (84) and Very Walkable Score (73) indicating convenient access to transportation and amenities.; **New roof and brand‑new boiler and plumbing throughout the building**, reducing maintenance costs and ensuring tenant comfort.
