#L3585365, Listing office: Oxford Property Group USA
421 E 94th St Brooklyn, NY 11212
Property details
About 421 E 94th St
4-Family | Fully Renovated | Approved Expansion Plans | $163,000 Gross Annual Income Incredible investment opportunity in East Flatbush! This fully renovated 4-family brick building features four (4) spacious 2-bedroom apartments, each in excellent condition and fully occupied. The property is generating a strong gross annual income of $163,000, making it ideal for investors seeking immediate cash flow. The sale also includes DOB-approved plans to build two additional apartments in the basement, offering tremendous value-add potential. Highlights: Fully leased 4-family building Each unit: 2 bedrooms, modern finishes Gross Annual Income: $163,000 Approved plans to add 2 apartments in the basement Quiet residential block near public transportation, schools, and shopping Whether you're an end-user or investor, this is a high-performing asset with upside in a rapidly appreciating neighborhood.
Highlights
Summary
- Full Bathrooms: 4
- Basement: Yes
- Interior: Eat-in Kitchen
- Total Bedroom Count: 8
- Heating: Natural Gas
- Cooling: Wall/Window Unit(s)
- List Price: $1,790,000
- Annual Tax Amount: $5,293
- Tax Year: 2024
- Year Built: 1930
- Lot Size: 0.0689 Acres
- MLS Number: 866050
- MLS Name: ONEKEY2
- Office Name: 5 Boro Realty Corp
- Office Phone: (855) 305-3325
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Last updated on: 6/14/2025, 10:41:28 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,790,000
421 E 94th St
$10,000
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Mar 15, 2018 | Home Sold | $380,000 |
Mar 15, 2018 | Home Sold | $380,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $238,050 | $5,293 |
2023 | $235,350 | $5,293 |
2021 | $214,200 | $4,660 |
2019 | $234,900 | $4,387 |
2018 | $32,570 | $4,013 |
2017 | $31,559 | $3,767 |
History based on county public records data.
Nearby schools
4
P.S. 219 Kennedy-King School
Public District KG-5
0.3 mi
•1060 Clarkson Ave
5
Riverdale Avenue Community School
Public District PK-5
0.4 mi
•76 Riverdale Ave
5
PS 165 Ida Posner
Public District PK-5
0.4 mi
•76 Lott Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $37,216. Residents of Brooklyn, NY typically earn less than $<35k each year. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.
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Frequently asked questions
About 421 E 94th St
The listing price of 421 E 94th St property is $1,790,000.
The property 421 E 94th St is a multi located in Brooklyn, New York, 11212.
Active Listing: 421 E 94th St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 421 E 94th St are: P.S. 219 Kennedy-King School (GreatSchools Rating 4/10), Riverdale Avenue Community School (GreatSchools Rating 5/10), PS 165 Ida Posner (GreatSchools Rating 5/10), Middle School for Art and Philosphy (GreatSchools Rating 4/10), Lamad Academy Charter School (GreatSchools Rating 5/10), Riverdale Avenue Middle School (GreatSchools Rating 3/10), East Brooklyn Community High School (GreatSchools Rating 2/10), Brooklyn Ascend Charter School (GreatSchools Rating 6/10), Kings Collegiate Charter School (GreatSchools Rating 6/10).
According to the records, the last property tax for 2024 is $5,293 (source: MLS/based on county public records data).
The last sale was on March 15, 2018 for $380,000 (source: MLS/tax record).
The year of construction for 421 E 94th St is 1930.
This home is located at 421 E 94th St in Brooklyn, NY and zip code 11212 in the East Flatbush neighborhood. Features: 8 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since May 22, 2025 and is currently priced at $1,790,000.
In May 2025 more than 37 listings in Brooklyn, NY were sold above the asking price. During the same period more than 227 listings were sold at asking price, while more than 172 were sold below. The number of listings in Brooklyn, NY increased by 0.2% between April and May 2025. In May 2025, listings were on the market for 118 days. During the same period, the median list price in this real estate market was $992,262.