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$1,250,000 Sale Pending
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Property Description
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.
Full Property Details
Full Property Details for 987 E 42nd St
General
- Price: $1,250,000
- Taxes: $8,696
- Status: Pending
- Type: Multi-Family
- Source: Long_Island
- MLS ID: 889857
- Updated: 8/21/2025
- Added to Site: 188 day(s) ago
Interior
- Interior Features: First Floor Bedroom, First Floor Full Bath
- Laundry Facilities: Yes
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 5
Other Rooms
- Laundry: In Bathroom
Parking
- Garage: Yes
- Garage Spaces: 1
- Parking Features: Driveway, Garage
Location
- County: Kings (Brooklyn)
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Baseboard
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable Connected, Electricity Connected, Phone Connected, Sewer Connected, Trash Collection Public, Water Connected
Structural Information
- Detached/Attached: Detached
- Construction: Brick
- Basement: Yes
- Basement Desc.: Finished
- Building Size: 3703
- Square Feet: 3,703
- Year Built: 1960
Lot Features
- Lot Size (Acres): 0.0918
- Lot Size (Sq. Ft.): 4,000
Financial Considerations
- Tax Amount: $8,696.8
Disclosures and Reports
- Special Conditions: None
- Property ID: 07746-0019
Listed by Real Broker NY LLC
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Schools
Schools serving 987 E 42nd St
School District:New York City Geographic School District 22
| Name | Grades | Distance |
|---|---|---|
Ps 109 1001 E 45th St, Brooklyn, NY 11210 | K-8 | 0.4 mi |
Andries Hudde School 2500 Nostrand Avenue, Brooklyn, NY 11210 | 6-8 | 0.8 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 987 E 42nd St
Date
Details
Price
Change
Source
7/15/2025
Listed
$1,250,000
212.5%
MLS
9/19/2005
Sold
$400,000
—
Public Record
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 987 E 42nd St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,129
5%
$46,872
-20%
2024
$8,685
2%
$58,740
-5%
2023
$8,534
5%
$61,800
22%
2022
$8,112
-49%
$50,580
29%
2021
$15,841
97%
$39,060
-2%
2020
$8,051
6%
$40,020
8%
2019
$7,578
—
$37,200
-10%
2017
$7,613
—
$41,144
6%
2017
$7,613
7%
$38,816
5%
2016
$7,115
-2%
$37,140
-4%
2015
$7,224
15%
$38,522
6%
2014
$6,281
12%
$36,343
6%
2013
$5,596
—
$34,287
—
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 987 E 42nd St
987 E 42nd Street, Brooklyn, NY 11210 (MLS# 889857) is a Multi-Family property with 3 units containing 5 bedrooms and 3 full bathrooms. 987 E 42nd Street is currently listed for $1,250,000 and was received on July 15, 2025. Want to learn more about 987 E 42nd Street? 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.

