$1,658,000

534 94th St Brooklyn, NY 11209

$10,000
Closing credit¹
7 beds
4 full
3,000 sqft
$553 / sqft
Multi-Family

Property details

About 534 94th St

Welcome to this beautifully renovated two-family home in the vibrant Bay Ridge neighborhood. Completely updated last year, this residence offers modern upgrades and spacious living across two stories over a basement. Every detail has been thoughtfully upgraded, including brand-new flooring, kitchens, bathrooms, plumbing, gas pipes, electrical wiring, water pipes, windows, and a new roof, ensuring a truly move-in-ready experience. The second-floor features 4 bedrooms and 2 bathrooms, while the first floor offers 3 bedrooms and 2 bathrooms. Both units include a bright living room, an open-concept kitchen, and an in-unit laundry area with a washer and dryer. The basement provides additional flexibility, featuring 3 rooms, an open area for extra space, and a separate entrance to the backyard. Each unit has separate heating, hot water, and electricity, offering convenience and flexibility for homeowners and investors alike. With an impressive rental income potential of $102,000 per year, this property presents a fantastic investment opportunity. Building size 20x56 over lot size 20x100. This home is conveniently located near the 5th Avenue shopping district, where residents can enjoy a variety of shops, restaurants, and cafes. Commuters will appreciate easy access to public transportation, including the B8, B63, B70, S53, and S79-SBS buses, as well as the R train. Whether you're looking for a high-income investment property or a spacious home for an extended family, this beautifully updated residence is an opportunity you won’t want to miss.

Highlights

Home typeMulti Family
HeatingHot Water, Natural Gas
StatusActive
CoolingOther, Window Unit(s)
Size3,000 sqft
BasementYes
Year built1905
ParkingNone, None
MLS #489704
FireplaceStove

Summary

  • MLS Number: 489704
  • Office Name: RE/MAX Edge

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Last updated on: 4/27/2025, 10:20:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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townhome / multi-family property featuring a fenced front yard, brick siding, and covered porch

$1,658,000

534 94th St

$10,000

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Apr 26, 2022
Home Sold
$900,000

Tax history

YearAssessmentProperty Tax
2024$64,380$9,488
2023$68,340$9,056
2021$59,580$14,170
2019$58,800$7,024
2018$32,246$6,220
2017$32,246$5,738

History based on county public records data.

Nearby schools

7

P.S. 264 Bay Ridge Elementary School For The Arts

Public District KG-5

0.4 mi

371 89th St

8

P.S. 185 Walter Kassenbrock School

Public District KG-5

0.6 mi

8601 Ridge Blvd

8

P.S. 127 Mckinley Park School

Public District KG-5

0.8 mi

7805 7th Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $79,667. The most common annual income of people living in Brooklyn, NY is between $35k-100k. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

7%
<35k
58%
35k-100k
31%
100k-200k
4%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

61%
Single, No Kids
4%
Single, with Kids
18%
Married, No Kids
17%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

11%
<11 yrs old
6%
12-17 yrs old
26%
18-34 yrs old
46%
35-64 yrs old
11%
65+ yrs old

What do the neighbors do for fun?

  • Art MuseumsArt Museums
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Music ConcertsMusic Concerts

Where do the neighbors shop?

  • BloomingdalesBloomingdales
  • Banana RepublicBanana Republic
  • H&MH&M

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • Jack In The BoxJack In The Box
  • ChipotleChipotle

What do the neighbors drive?

  • AudiAudi
  • ToyotaToyota
  • VolkswagenVolkswagen

What do the neighbors listen to?

  • NewsNews
  • JazzJazz
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 534 94th St in Brooklyn, NY and zip code 11209 in the Fort Hamilton neighborhood. This 3,000 square foot home was built in 1905. Features: 7 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since March 18, 2025 and is currently priced at $1,658,000.

In March 2025 more than 22 listings in Brooklyn, NY were sold above the asking price. During the same period more than 171 listings were sold at asking price, while more than 156 were sold below. The number of listings in Brooklyn, NY increased by 3.8% between February and March 2025. The median list price of listings available in March 2025 was $995,066, while the average time on the real estate market was 142 days.

From Rocket Homes Real Estate and based on county public records data.

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