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$749,999 Just Listed
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Property Description
Welcome to this beautifully maintained multifamily property in a desirable section of East Flatbush, offering excellent rental income potential and comfortable living. The home includes a studio apartment on the first floor, perfect for generating steady income. The upper residence spans two full levels and features two spacious bedrooms, a well-laid-out kitchen with a dining area, and an open, inviting layout. A standout aspect of this property is its private outdoor spaces. In the front, there's a welcoming walk-up porch that provides a charming spot to enjoy the neighborhood. In the rear, the second floor boasts a private balcony overlooking the backyard, offering a serene and comfortable atmosphere for relaxation. Recently updated and conveniently located near shopping, transportation, and dining, this property combines income potential, comfort, and prime East Flatbush location. Don't miss out on this opportunity !!
Full Property Details
Full Property Details for 5042 Kings Hwy
General
- Price: $749,999
- Taxes: $5,449
- Status: Active
- Type: Multi-Family
- Source: Long_Island
- MLS ID: 951520
- Updated: 1/13/2026
- Added to Site: 5 day(s) ago
Interior
- Interior Features: First Floor Full Bath, Eat-in Kitchen, Open Floorplan, Open Kitchen
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Parking
- Parking Features: Driveway
Location
- County: Kings (Brooklyn)
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Natural Gas Available
Structural Information
- Detached/Attached: Attached
- Construction: Brick
- Building Size: 1584
- Square Feet: 1,584
- Year Built: 1940
Lot Features
- Lot Size (Acres): 0.0381
- Lot Size (Sq. Ft.): 1,659
Financial Considerations
- Tax Amount: $5,449.08
Disclosures and Reports
- Special Conditions: None
- Property ID: 07735-0040
Listed by Fave Realty Inc
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Schools
Schools serving 5042 Kings Hwy
School District:New York City Geographic School District 22
| Name | Grades | Distance |
|---|---|---|
Ps 251 Paerdegat 1037 East 54th Street, Brooklyn, NY 11234 | K-5 | 0.3 mi |
Jhs 78 Roy H Mann 1420 East 68 Street, Brooklyn, NY 11234 | 6-8 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5042 Kings Hwy
Date
Details
Price
Change
Source
1/13/2026
Listed
$749,999
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5042 Kings Hwy
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,776
6%
$28,757
-21%
2024
$5,449
2%
$36,420
-16%
2023
$5,328
-1%
$43,200
14%
2022
$5,369
-50%
$38,040
-9%
2021
$10,692
111%
$41,700
20%
2020
$5,072
6%
$34,860
—
2019
$4,785
48%
$34,860
58%
2017
$3,236
—
$22,104
—
2017
$3,236
-17%
$22,032
4%
2016
$3,922
9%
$21,168
6%
2015
$3,596
11%
$19,970
6%
2014
$3,236
6%
$18,840
2%
2013
$3,049
—
$18,420
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5042 Kings Hwy
5042 Kings Highway, Brooklyn, NY 11234 (MLS# 951520) is a Multi-Family property with 2 units containing 2 bedrooms and 2 full bathrooms. 5042 Kings Highway is currently listed for $749,999 and was received on January 13, 2026. Want to learn more about 5042 Kings Highway? Do you have questions about finding other Multi-Family real estate for sale in Brooklyn? You can browse all Brooklyn real estate or contact a Coldwell Banker agent to request more information.

