4-Family | Fully Renovated | Approved Expansion Plans | $163,000 Gross Annual Income Incredible investment opportunity in East Flatbush! This fully renovated 4-family brick building features four (4) spacious 2-bedroom apartments, each in excellent condition and fully occupied. The property is generating a strong gross annual income of $163,000, making it ideal for investors seeking immediate cash flow. The sale also includes DOB-approved plans to build two additional apartments in the basement, offering tremendous value-add potential. Highlights: Fully leased 4-family building Each unit: 2 bedrooms, modern finishes Gross Annual Income: $163,000 Approved plans to add 2 apartments in the basement Quiet residential block near public transportation, schools, and shopping Whether you're an end-user or investor, this is a high-performing asset with upside in a rapidly appreciating neighborhood.
Active
Price increase: $410K (6/20)
$2,200,000
421 E 94th St, Brooklyn, NY 11212
8beds
5,100sqft
Multi Family
Built in 1930
-- sqft lot
$2,166,500 Zestimate®
$431/sqft
$-- HOA
What's special
Modern finishesExcellent condition
- 54 days
- on Zillow |
- 156 |
- 4 |
Zillow last checked: 7 hours ago
Listing updated: June 20, 2025 at 01:10pm
Listing by:
5 Boro Realty Corp 917-705-0005,
Nina Sabag
Source: StreetEasy,MLS#: S1772743
Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Interior area
- Total structure area: 5,100
- Total interior livable area: 5,100 sqft
Property
Details
- Parcel number: 046690012
- Special conditions: Resale
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1930
Community & HOA
Community
- Subdivision: Brownsville
HOA
- Services included: Maintenance
Location
- Region: Brooklyn
Financial & listing details
- Price per square foot: $431/sqft
- Tax assessed value: $529,000
- Annual tax amount: $5,292
- Date on market: 5/29/2025
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