$1,200,000
PRE-FORECLOSURE The borrower is in default on their loan obligation and/or the bank or lender has initiated foreclosure proceedings. This property is occupied, do not disturb the occupants. Trespassing is a criminal offense.

315 E 94th St Brooklyn, NY 11212

East Flatbush Neighborhood

Estimated payment $7,753/month

Total Views 2,371
-- Bed
6 Baths
5,280 Sq Ft
$227 Price per Sq Ft

Highlights

  • Wood Flooring
  • Heating System Uses Steam
  • Back Yard
  • Brick Front

About This Home

Located in the heart of East Flatbush, is a solidly built and well-maintained
income-producing brick building offering investors strong upside and
minimal operating expenses. Positioned on a quiet residential block between Kings
Highway and Clarkson Avenue, this stately three-story property is surrounded by
neighborhood conveniences, transit options, and long-term rental demand.

The building features six spacious two-bedroom apartments spread across 5,280 square
feet of rentable space, providing an excellent mix of unit size and layout for tenant
retention and cash flow stability. With a frontage of 22 feet and situated on a 22 x 100-
foot lot (2,700 SF), the property combines efficient land use with lasting construction
quality.

This is an exceptional opportunity for both seasoned and first-time multifamily investors
to acquire a turnkey property in a high-demand rental market. Whether held for long-term
income or added to an existing portfolio, 3this property presents a reliable
and well-positioned investment asset in one of Brooklyn’s most resilient neighborhoods.

Listing Agent

Lamar Collins

Vanguard R E Brokerage Group Listed on: 08/13/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,589

Year Built

  • Built in 1931

Lot Details

  • 2,700 Sq Ft Lot
  • Lot Dimensions are 100 x 27
  • Back Yard

Home Design

  • Block Foundation
  • Asphalt Roof
  • Brick Front

Interior Spaces

  • 6 Full Bathrooms
  • 5,280 Sq Ft Home
  • 3-Story Property
  • Wood Flooring
  • Partially Finished Basement
  • Walk-Out Basement

Utilities

  • Heating System Uses Steam
  • Heating System Uses Gas
  • 220 Volts
  • Gas Water Heater

Listing and Financial Details

  • Tax Block 4649

Community Details

Overview

  • 6 Units

Building Details

  • Insurance Expense $2,700
  • Utility Expense $2,550
  • Gross Income $104,436
  • Net Operating Income $66,706

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,589

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Basement Amenities: Semi-Finished, Separate Entrance
  • Borough: Brooklyn
  • Building Length: 80.00
  • Building Width: 22.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Clarkson Av
  • Cross Street Name2: Lenox Rd
  • Handicap Access Y N U: No
  • Heat Delivery: Steam/Radiator
  • Number Of Families: 6
  • Parking Attributes: None
  • Parking Feature Single: None
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: None
  • Fill Sq Ft Total: 5280
  • Building Stories: 3
  • Street Name I D X: 94th
  • Year Built: 1931
  • Special Features: None
  • Stories: 3

Interior Features

  • Basement Full Bathrooms: 6
  • Flooring: Hardwood
  • Lot Sq Ft: 2700

Exterior Features

  • Yard: Back
  • Exterior Building Type: Detached
  • Construction Type: Brick
  • Exterior: Brick Face
  • Foundation Details: Block
  • Lot Number: 54
  • Roof: Asphalt/Tar

Utilities

  • Air Conditioning Units: 0
  • Electric: 220 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 27
  • Zoning: R6

Rental Info

  • Rent Income: 8703

Multi Family

  • Annual Gross Expense: 37719.00
  • Annual Gross Income: 104436
  • Insurance Expense: 2700.00
  • Miscellaneous Expense: 10000.00
  • Property Net Operating Income: 66706.00
  • Unit Count: 6
  • Annual Utility Expenses: 2550.00

Tax Info

  • Flip Tax Amount: 17589.00

Map

Range of Values:

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Value Increase
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/13/2025 08/13/25 For Sale $1,200,000 -- $227 / Sq Ft
Source: Brooklyn Board of REALTORS®

Source: Brooklyn Board of REALTORS®

MLS Number: 494881

Brooklyn Board of REALTORS®

APN: 04649-0054

New York Kings County Brooklyn 11212 East Flatbush

315 E 94th St, Brooklyn, NY

For Sale

MultiFamily

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Brooklyn Board of REALTORS® The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.

Nearby Homes
Lamar Collins
Listing Agent
Lamar Collins
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Vanguard R E Brokerage Group
(929) 374-2432