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East Flatbush Investment Opportunity

487 E 93rd St, Brooklyn, NY 11212

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For Sale

$1,200,000

Four family property with a legal basement unit.

Type:Investment

Lot size:

0.07 Acres

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.
Free market rental status allows for flexible and competitive pricing.
Located in a high‑demand area (East Flatbush) with a strong rental market, ensuring high occupancy rates.
Private backyard provides outdoor space for tenants.

We can help!

Listing Contact

Steven S. Benshabat

Learn more

For Sale

$1,200,000

Four family property with a legal basement unit.

Type:Investment

Lot size:

0.07 Acres

Added:: Apr 24, 2026
Days on Market:: 58
Last Refresh:: Apr 24 at 3:19 pm

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

We can help!

Listing Contact

Steven S. Benshabat

Listing agent Steven S. Benshabat

Listing office keram inc

Listing date Apr 24, 2026

Source Elliman

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

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.
Free market rental status allows for flexible and competitive pricing.
Located in a high‑demand area (East Flatbush) with a strong rental market, ensuring high occupancy rates.
Private backyard provides outdoor space for tenants.

Overview

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.

Location Intelligence

Current Use by Public Records

Glossed up collection (Bike/Boat/Book/etc) Store

Suggested Use

Location Insight

Map
Local Demand

City: Brooklyn
County: Kings
State: New York
Longitude: -73.91837
Latitude: 40.655076

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For sale
Apartment buildings
NY
Brooklyn
11212
487 E 93rd St

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.