Detached One-Family Home with
981 E 42nd Street Brooklyn, NY 11210
For Sale
$729,000
SINGLE_FAMILY - Brooklyn, NY
Property Size1,344 SF
Lot Size0.05 Acres
Price / SF$542.41
Days on Market96
Property Features for 981 E 42nd Street
General Information
- Property type
- Residential
- Property subtype
- Duplex
- Zoning
- R4
- Bedrooms
- 3
- Bathrooms
- 2
- Rooms
- Bedroom 2, Bathroom 2, Bathroom 1, Bedroom 1, Bedroom 3
- Parking features
- Garage - Detached
- Interior features
- Dryer, Laundry Area, Refrigerator, Stove, Washer
- Basement
- Full, Unfinished
- Standard status
- Active
- Size
- 1,344 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Annual Amount
- 5164
Building Details
- Year built
- 1925
- Floors in Building
- 2
- Flooring type
- Laminate, Tile, Carpet
- Architectural style
- Other
Listing Agency:
MadisonEstates Sothebys Realty
(718) 645-1665
Listed By:
Charles D'Alessandro
(718) 645-1665
Added: Apr 22
Changed: Jul 14
Last Checked: Jul 26 at 8:06PM
MLS# 500776
Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This detached one-family home was built in 1925 and sits on a 20x100 lot. The traditional layout includes approximately 1,326 square feet of living space, with bedrooms configured as 3 bedrooms converted to 2 large bedrooms. Natural light throughout the home adds to the warm, inviting feel, and a full basement provides additional space for storage, recreation, or possible expansion. Off-street parking is supported by a shared driveway and garage.
Zoned R4, the property is located at 981 E 42nd Street in Brooklyn, NY 11210. The surrounding area is described as being near shopping, dining, schools, parks, and public transportation, on a tree-lined residential block in Flatlands.
Overall, it presents an ownership opportunity to maintain the home’s original character while incorporating modern updates, supported by the detached configuration and full basement space.
Zoned R4, the property is located at 981 E 42nd Street in Brooklyn, NY 11210. The surrounding area is described as being near shopping, dining, schools, parks, and public transportation, on a tree-lined residential block in Flatlands.
Overall, it presents an ownership opportunity to maintain the home’s original character while incorporating modern updates, supported by the detached configuration and full basement space.
Key Highlights
- Detached one‑family home on a 20x100 lot with approximately 1,326 SF of living space
- Built in 1925 with a layout that can accommodate everyday living and entertaining
- Offers a full basement for storage, recreation, or potential expansion
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $76.1k | $56.64 |
| − Vacancy | −$1.5k | −$1.13 |
| EGI | $74.6k | $55.51 |
| − OpEx | −$33.6k | −$24.98 |
| NOI | $41.0k | $30.53 |
1,344 SF · lease $56.64/SF/yr · vacancy 2.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$586.2K
$512.9K – $683.9K
NOI $41,031 @ 7.0% cap · market cap 5.63%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.11M
$973.7K – $1.30M
NOI $77,898 @ 7.0% cap · market cap 10.69%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Single family properties
FAQs
What type of property is this?
Single family property - Detached 1925-built residence with a full basement, shared driveway, and garage for off-street parking.
Where is this single family property located?
The property is located at 981 E 42nd Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $729,000.
What are key features of this property?
This property features: Detached one‑family home on a 20x100 lot with approximately 1,326 SF of living space; Built in 1925 with a layout that can accommodate everyday living and entertaining; Offers a full basement for storage, recreation, or potential expansion
