18 hours on Rocket
#494421, Listing office: Exit All Seasons Realty
Property details
About 987 E 42nd St
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.
Highlights
Home typeDuplex
HeatingBaseboard
StatusActive
CoolingWall/Window Unit(s)
BasementYes
Lot size0.0918 Acres
Year built1960
ParkingDriveway, Garage
MLS #889857
Garage1 space
Virtual tour
Summary
- Full Bathrooms: 3
- Basement: Yes
- Interior: First Floor Bedroom, First Floor Full Bath
- Total Bedroom Count: 5
- Garage Space: 1 space
- Parking: Driveway, Garage
- Heating: Baseboard
- Cooling: Wall/Window Unit(s)
- List Price: $1,250,000
- Annual Tax Amount: $8,684
- Tax Year: 2024
- Year Built: 1960
- Lot Size: 0.0918 Acres
- MLS Number: 889857
- MLS Name: ONEKEY2
- Office Name: Real Broker NY LLC
- Office Phone: (855) 450-0442
Listings courtesy of OneKey MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
DMCA Notice
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.
Information Copyright 2025, OneKey™ MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 7/24/2025, 12:41:29 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $58,740 | $8,684 |
| 2023 | $61,800 | $8,533 |
| 2021 | $39,060 | $15,841 |
| 2019 | $40,020 | $8,050 |
| 2018 | $41,144 | $7,612 |
| 2017 | $38,816 | $7,114 |
History based on county public records data.
Nearby schools
4
P.S. 119 The Amersfort School
Public Magnet KG-5
0.4 mi
•3829 Avenue K
5
P.S. 198 Brooklyn
Public Magnet PK-5
0.5 mi
•4105 Farragut Rd
3
P.S. 251 Paerdegat School
Public District KG-5
0.6 mi
•1037 E 54th St
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 $73,604. Typical income of Brooklyn, NY residents is between $35k-100k annually. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
17%
<35k
51%
35k-100k
29%
100k-200k
3%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
41%
Single, No Kids
17%
Single, with Kids
23%
Married, No Kids
19%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
12%
<11 yrs old
7%
12-17 yrs old
24%
18-34 yrs old
45%
35-64 yrs old
12%
65+ yrs old
What do the neighbors do for fun?
Men's Tennis
Art Museums- Tennis
Where do the neighbors shop?
Nordstrom Rack
Bloomingdales
Crate & Barrel
Where do the neighbors go to eat?
The Cheesecake Factory
Starbucks
Boston Market
What do the neighbors drive?
Volvo
Audi
BMW
What do the neighbors listen to?
News
Alternative
All data provided by Home Junction and Claritas
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Frequently asked questions
About 987 E 42nd St
The listing price of 987 E 42nd St property is $1,250,000.
The property 987 E 42nd St is a multi located in Brooklyn, New York, 11210.
Active Listing: 987 E 42nd St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 987 E 42nd St are: P.S. 119 The Amersfort School (GreatSchools Rating 4/10), P.S. 198 Brooklyn (GreatSchools Rating 5/10), P.S. 251 Paerdegat School (GreatSchools Rating 3/10), P.S. 109 Brooklyn (GreatSchools Rating 4/10), Andries Hudde School (GreatSchools Rating 3/10), Intermediate School 381 (GreatSchools Rating 7/10), Midwood High School (GreatSchools Rating 7/10), Academy for Conservation and the Environment (GreatSchools Rating 4/10), Brooklyn Bridge Academy (GreatSchools Rating 4/10).
According to the records, the last property tax for 2024 is $8,684 (source: MLS/based on county public records data).
The year of construction for 987 E 42nd St is 1960.
This home is located at 987 E 42nd St in Brooklyn, NY and zip code 11210 in the Flatlands neighborhood. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since July 16, 2025 and is currently priced at $1,250,000.
In June 2025, from all listings sold in Brooklyn, NY there were more than 44 sold above asking price, over 155 sold below and more than 293 were sold right at the asked price. The number of listings in Brooklyn, NY decreased by 5% between May and June 2025. Listings spent 92 days on the market in June 2025, and had a median list price of $1,019,077 during the same period.
From Rocket Homes Real Estate and based on county public records data.