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Five-Unit Apartment Building
For Sale
$1,150,000

487 E 93rd Street, Brooklyn, NY 11212

Two-story walk-up with a legal basement residence and private backyard.

Property SizeContact for details
Days on Market216

Property Features for 487 E 93rd Street

General Information

Standard status Active
Property subtype Multi-family
Lease Term []

Building Details

Year Built 1930
Listing Agency: Exit Realty First Choice
Listed By: Steven S. Benshabat
Source: Easteggrealty
Added: Feb 5 Changed: Sep 8 Last Checked: Sep 8 at 7:15AM

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 Exit Realty First Choice

Investment Insights

Based on property information with market context.

This two-story walk-up apartment property contains four family apartments plus a legally finished three-bedroom basement unit, creating five separate residences. Each of the primary apartments has its own entrance. The property includes a private backyard and was built in 1930.

Recent building work includes a new roof, a brand-new boiler, and plumbing throughout the building. The basement is currently vacant, while the four above-grade apartments are occupied under leases expiring in March 2026. The property is described as free market and is located in East Flatbush, Brooklyn, near transportation routes, shopping, dining, schools, parks, and community centers.

The parcel measures 30 × 100 feet and is located at 487 E 93rd Street, Brooklyn, NY 11212. Access is restricted because tenants will not allow access to the building.

Key Highlights

  • Five‑unit configuration with four family apartments and a legal three‑bedroom basement unit
  • Two‑story walk‑up on a 30 × 100ft lot
  • Brand‑new boiler and plumbing throughout building

Property Analytics

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Current Use

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

Suggested Use

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

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

2,989
Businesses Nearby

Demographics for 11212, NY

91,574
Population
34,782
Households
2.6
Avg Household Size
36
Median Age
16%
College-Educated
78%
High-School Grad
1.5 sq mi
ZIP Area
61,049
Density / Sq Mi
$40,060
Median Household Income
$32,553
Median Earnings
$1,231
Median Rent
$549,400
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?
Apartment building - Two-story walk-up with a legal basement residence and 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: Five‑unit configuration with four family apartments and a legal three‑bedroom basement unit; Two‑story walk‑up on a 30 × 100ft lot; Brand‑new boiler and plumbing throughout building
More about this property
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