– THREE-FAMILY BRICK BUILDING IN PRIME EAST FLATBUSH -
?? 69 East 42nd Street, Brooklyn, NY 11203
?? Serious Inquiries
Unlock incredible investment potential with this solid three-family brick home located in the highly desirable East Flatbush neighborhood of Brooklyn. This is an ideal opportunity for savvy investors looking for cash-flow, appreciation, or redevelopment possibilities.
Property Highlights:
• Three Spacious Units – Offering a total of 9+ bedrooms and 3+ bathrooms, perfect for strong rental income or owner-occupancy.
• Lot Size: 2,000+ sq ft (approx.)
• Building Size: Generous layout across 3 stories plus basement
• Zoning: R5 – possible development potential (verify independently)
• Fully Detached with private access and backyard
• Basement: Full height with separate entrance – income or storage potential
• Vacant at closing – no tenant delays, ready for renovation or immediate rental
Investment Highlights:
• Located near Kings Highway, Brooklyn College, major bus lines (B7, B46, B41) and the 2/5 subway
• Surrounded by schools, parks, houses of worship, and vibrant local businesses
• Strong rental demand in the area – ideal for long-term hold or fix-and-flip
• Comparable multi-families in the neighborhood are commanding high resale prices and rising rents
This is a rare chance to own a multi-family property in one of Brooklyn’s fastest-growing neighborhoods. Whether you're looking to expand your portfolio or capitalize on Brooklyn’s booming rental market, this is the one you’ve been waiting for.
?? Contact today to schedule a showing. Proof of funds required.
For sale by owner
$1,200,000
69 E 42nd St, Brooklyn, NY 11203
9beds
2,630sqft
MultiFamily
Built in 1925
-- sqft lot
$972,400 Zestimate®
$456/sqft
$-- HOA
Overview
What the owner loves about this home
The location, parks, distance from the N.Y.C.
- 1 day
- on Zillow |
- 282 |
- 14 |
Listing by:
(919) 273-3933
Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 3
- Full bathrooms: 3
Features
- Flooring: Hardwood
- Basement: Finished
Interior area
- Total interior livable area: 2,630 sqft
Property
Parking
- Parking features: Garage - Detached
Features
- Exterior features: Brick
Lot
- Size: 2,500 Square Feet
Details
- Parcel number: 048630047
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Other
Condition
- New construction: No
- Year built: 1925
Community & HOA
Location
- Region: Brooklyn
Financial & listing details
- Price per square foot: $456/sqft
- Tax assessed value: $878,000
- Annual tax amount: $7,826
- Date on market: 8/3/2025
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