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Two-Story Four-Family with Basement

487 E 93rd Street, Brooklyn, NY 11212

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For Sale

$1,150,000

MULTI_FAMILY - Other - Brooklyn, NY

Lot size:

0.07 Acres

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.
Recent upgrades include a new roof and a new boiler, reducing future maintenance costs.
Located in East Flatbush, a high‑demand rental market with strong occupancy rates.
Annual gross rent roll of $122,748 (excluding basement).

We can help!

Contact an agent

Steven S. Benshabat

For Sale

$1,150,000

MULTI_FAMILY - Other - Brooklyn, NY

Lot size:

0.07 Acres

Added:: Apr 10, 2026
Days on Market:: 89
Last Refresh:: Jul 7 at 6:06 pm

Property Features for 487 E 93rd Street

General Information

Property type: Residential Multi Family
Property subtype: Other
Rooms: Basement
Parking: 3
Parking features: Driveway
Basement: Storage Space, Finished
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

We can help!

Contact an agent

Steven S. Benshabat

Listing agent Steven S. Benshabat

Listing office Exit Realty First Choice 80-15 188th Street, Fresh Meadows, NY

Listing date Apr 10, 2026

MLS# 983544 Listing URL

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.
Recent upgrades include a new roof and a new boiler, reducing future maintenance costs.
Located in East Flatbush, a high‑demand rental market with strong occupancy rates.
Annual gross rent roll of $122,748 (excluding basement).

Overview

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.

Property Profile 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: -73.918373
Latitude: 40.655094

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

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.

487 E 93rd Street, Brooklyn, NY 11212

MULTI_FAMILY - Other - Brooklyn, NY

Property Features for 487 E 93rd Street

General Information

Taxes and HOA fees

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

New Retail Condo with Indoor Parking

First-Floor and Cellar Commercial Condo

NNN Retail Strip with Parking

Storefront Condo with Parking

Retail and Office Building

Corner Medical Suite with Private Entrance

Turn-Key Supermarket Business Opportunity

Established Supermarket Business For Sale

Brooklyn Mixed-Use Investment Opportunity

Incomplete Renovation Church Conversion

Ground-Level Retail Storefront with Parking

Luxury Atelier & Designer Showroom

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