Seller's Agent in 2025
MaryElizabeth S Licensed as Mary Smith
Corcoran Group
(347) 421-1360
1 in this area
33 Total Sales
285 E 42nd St Brooklyn, NY 11203
East Flatbush Neighborhood
5
Beds
4
Baths
2,767
Sq Ft
3,730
Sq Ft Lot
Highlights
- Deck
- Patio
- 3 Car Garage
- Cooling Available
About This Home
As of May 2025Tucked away on a quiet cul-de-sac in the heart of East Flatbush, 285 East 42nd Street presents an incredible opportunity for homeowners and investors alike. This inviting three-story, two-family home sits on a rare double lot, offering expansive outdoor space, including a private backyard, a three-car driveway, and a detached garage-a true gem in Brooklyn.
Built in 1910, this property blends historic charm with modern potential, featuring classic architectural details, hardwood floors, and spacious interiors. Whether you're looking to generate rental income, embark on a redesign project, or create a multi-generational living space, this 3,725 sq. ft. lot (37.25 ft x 100 ft) offers endless possibilities.
Located in one of Brooklyn's most vibrant and culturally rich neighborhoods, East Flatbush offers a perfect mix of historic character and contemporary convenience. Don't miss out on this rare investment opportunity-schedule your viewing today!
Transportation & Accessibility
Commuting is a breeze with easy access to the 2 and 5 subway lines at Newkirk Ave, Beverly Rd, and Church Ave, providing a direct route to Manhattan. Multiple bus lines serve the area, ensuring convenient travel throughout Brooklyn and beyond.
The Opportunity:
Two family
Double lot
Detached garage
Three car driveway
Original details
Lot 37.25 X 100
2,767 SF
Last Agent to Sell the Property
MaryElizabeth S Licensed as Mary Smith
Corcoran Group License #10401264684 Listed on: 02/27/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,288
Year Built
- Built in 1910
Lot Details
- 3,730 Sq Ft Lot
- Lot Dimensions are 100.00x37.30
Parking
- 3 Car Garage
- Assigned Parking
Home Design
- Entry on the 1st floor
Interior Spaces
- 2,767 Sq Ft Home
- 3-Story Property
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Full Bathrooms
Laundry
- Laundry in unit
- Washer Dryer Allowed
- Washer Hookup
Outdoor Features
- Deck
- Patio
Utilities
- Cooling Available
Community Details
- 3 Units
- East Flatbush Subdivision
Listing and Financial Details
- Legal Lot and Block 0055 / 04910
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 27, 2025
Closed on
May 14, 2025
Sold by
Hunter Gloria
Bought by
Austin Osmein and Austin Oswald Richard
Seller's Agent
MaryElizabeth S Licensed as Mary Smith
Corcoran Group
List Price
$950,000
Sold Price
$999,999
Premium/Discount to List
$49,999
5.26%
Views
123
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,443
Avg. Annual Appreciation
-1.16%
Original Mortgage
$980,905
Outstanding Balance
$975,635
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$16,921
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $999,000 | -- | |
| Deed | $999,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $980,905 | Purchase Money Mortgage | |
| Closed | $980,905 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/13/2025 05/13/25 | Sold | $999,999 | 0.0% | $361 / Sq Ft |
| 05/13/2025 05/13/25 | Price Changed | $999,999 | +5.3% | $361 / Sq Ft |
| 03/20/2025 03/20/25 | Pending | -- | -- | -- |
| 02/27/2025 02/27/25 | For Sale | $950,000 | -- | $343 / Sq Ft |
Source: Real Estate Board of New York (REBNY)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,281 | $69,060 | $18,540 | $50,520 |
| 2024 | $6,281 | $62,460 | $18,540 | $43,920 |
| 2023 | $6,002 | $70,560 | $18,540 | $52,020 |
| 2022 | $5,550 | $57,060 | $18,540 | $38,520 |
| 2021 | $5,774 | $50,580 | $18,540 | $32,040 |
| 2020 | $4,331 | $51,720 | $18,540 | $33,180 |
| 2019 | $5,403 | $49,800 | $18,540 | $31,260 |
| 2018 | $4,961 | $25,795 | $13,464 | $12,331 |
| 2017 | $4,667 | $24,364 | $10,755 | $13,609 |
| 2016 | $4,495 | $24,036 | $11,169 | $12,867 |
| 2015 | $2,552 | $24,036 | $16,555 | $7,481 |
| 2014 | $2,552 | $22,690 | $14,228 | $8,462 |
Source: Public Records
Agents Affiliated with this Home
-
MaryElizabeth S Licensed as Mary Smith
-
Rachel Smith
Seller Co-Listing Agent in 2025
Rachel Smith
Corcoran Group
(407) 866-5912
1 in this area
13 Total Sales
Map
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS20005802
APN: 04910-0055
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This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.
RLS Data display by Homes.com LLC
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