987 E 42nd St Brooklyn, NY 11210
Flatlands NeighborhoodEstimated payment $7,649/month
Total Views
862
5
Beds
3
Baths
3,703
Sq Ft
$338
Price per Sq Ft
Highlights
- Popular Property
- Baseboard Heating
- 1 Car Garage
- Main Floor Bedroom
About This Home
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.
Listing Agent
Real Broker NY LLC Brokerage Phone: 855-450-0442 License #10401364161 Listed on: 07/15/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,697
Year Built
- Built in 1960
Parking
- 1 Car Garage
- Driveway
Home Design
- Duplex
- Brick Exterior Construction
Bedrooms and Bathrooms
- 5 Bedrooms
- Main Floor Bedroom
- 3 Full Bathrooms
Utilities
- Cooling System Mounted To A Wall/Window
- Baseboard Heating
Additional Features
- Laundry in Bathroom
- 4,000 Sq Ft Lot
- Finished Basement
Community Details
- 3 Units
Listing and Financial Details
- Assessor Parcel Number 07746-0019
Map
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
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 | $8,685 | $71,700 | $17,220 | $54,480 |
| 2024 | $8,685 | $58,740 | $17,220 | $41,520 |
| 2023 | $8,629 | $61,800 | $17,220 | $44,580 |
| 2022 | $7,978 | $50,580 | $17,220 | $33,360 |
| 2021 | $7,924 | $39,060 | $17,220 | $21,840 |
| 2020 | $3,977 | $40,020 | $17,220 | $22,800 |
| 2019 | $7,489 | $37,200 | $17,220 | $19,980 |
| 2018 | $8,090 | $41,144 | $16,631 | $24,513 |
| 2017 | $7,613 | $38,816 | $14,893 | $23,923 |
| 2016 | $7,115 | $37,140 | $17,220 | $19,920 |
| 2015 | $4,197 | $38,522 | $19,111 | $19,411 |
| 2014 | $4,197 | $36,343 | $15,335 | $21,008 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/15/2025 07/15/25 | For Sale | $1,250,000 | -- | $338 / Sq Ft |
Source: OneKey® MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $400,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $400,000 | Purchase Money Mortgage | |
| Closed | $400,000 | No Value Available | |
| Previous Owner | $44,008 | No Value Available |
Source: Public Records
Similar Homes in Brooklyn, NY
Source: OneKey® MLS
MLS Number: 889857
APN: 07746-0019
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale or lease on this web site comes in part from OneKey® MLS. Real estate listings held by brokerage firms other than Ten-X are marked with the OneKey® MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Copyright 2025 OneKey® MLS. All rights reserved.
Nearby Homes
- 1695 Albany Ave Unit 2
- 1695 Albany Ave
- 4577 Kings Hwy Unit 1
- 1170 E 43rd St
- 1009 E 35th St
- 1629 Brooklyn Ave Unit 4C
- 1629 Brooklyn Ave Unit 2D
- 1629 Brooklyn Ave Unit 4B
- 734 E 43rd St
- 3810 Farragut Rd Unit 1
- 1903 New York Ave Unit 2
- 730 E 32nd St Unit 5B
- 828 E 34th St Unit 1
- 745 E 39th St Unit 2
- 745 E 39th St Unit 3
- 2130 Troy Ave Unit 2
- 1392 Utica Ave
- 605 W 42nd St Unit ID1016409P
- 605 W 42nd St Unit ID1225070P
- 605 W 42nd St Unit ID1016413P