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987 E 42nd Street
House in East Flatbush •  building info
5bd • 3ba • 4,000ft² $313 per ft²
List Price

$1,250,000

Key Details
Days on market
158
Last price change
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Estimated payment
$7,652/mo
Taxes
$725/mo
Maintenance
N/A
Description
SHOWING BY APPOINTMENT ONLY CALL THE LISTING AGENT 987 E 42nd St, Brooklyn, NY 11203 Multifamily Brick Home | 2 Over 2 with Renovated Basement & Garage Welcome to this charming brick multifamily home in the heart of East Flatbush, proudly situated on large lot for the block. Lovingly maintained by the same family for over 20 years, this residence offers the perfect opportunity for generational living or a smart owner-occupant investment. This classic 2-over-2 layout features: Two spacious 2-bedroom units with eat-in kitchens, full baths, and bright living spaces A fully recently renovated basement with its own bathroom, wet bar, laundry room, and separate rear entrance—ideal for extended family, entertaining, or future income potential A large one-car garage with extra storage space A private backyard patio perfect for relaxing or summer gatherings The home boasts great curb appeal, enhanced by its beautiful brick facade and neat landscaping. The Sunrun solar panels help reduce your energy costs while adding sustainable value to your home. This property is not tenant-occupied, giving you flexibility to move right in or customize your income strategy. With rental comps in the area supporting strong cash flow, this is a prime opportunity in a desirable Brooklyn neighborhood. Located near shopping, schools, and public transit. Whether you're looking to live in one unit and rent the other, host extended family under one roof, or capitalize on the area’s strong rental market, 487 E 42nd St offers unmatched potential on a quiet residential block.

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Building amenities
Services and facilities
Parking

Garage

Building info

History
What it'll cost
Purchase price
$1,250,000
Asking Price: $1,250,000
Term
30 Years
Down Payment
$125,000 (10%)
Min: 10% (125,000)
Rate
6.25 %
Mortgage Amount
$1,125,000
Mortgage Payment
$6,927
Taxes
$725
Estimated closing cost
$46,000
Total monthly cost $7,652
Listing Courtesy of Real Broker NY

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