Welcome to 234 East 42nd Street, a fully detached, meticulously renovated two-family residence in the heart of East Flatbush. Rebuilt from top to bottom with modern finishes and thoughtful design, this turnkey property offers the perfect blend of comfort, style, and income potential.
This impressive home features 5 bedrooms and 3 full bathrooms, configured as a spacious 2-bedroom over 2-bedroom layout with an additional 1-bedroom ground-level unit—ideal for extended family living, rental income, or owner-occupancy with supplemental cash flow.
Every inch of this home has been upgraded to today’s standards. The interiors showcase wide-plank hardwood flooring, recessed lighting throughout, and a seamless open-concept layout that maximizes natural light and livability. The kitchens are outfitted with custom cabinetry, sleek countertops, and stainless steel appliances, offering both functionality and a clean, modern aesthetic. Each bathroom has been fully customized with high-end finishes, creating a spa-like experience.
Comfort is prioritized with energy-efficient split-unit central air systems installed throughout the home, providing year-round climate control.
Situated on a desirable fully detached lot, the property also boasts a private driveway and a rare 2-car garage, offering exceptional convenience and value in Brooklyn.
Whether you’re an investor seeking a strong income-producing asset or an end-user looking for a move-in-ready home with rental potential, this property checks every box.
Property Highlights: Fully Detached 2-Family Home 5 Bedrooms | 3 Full Bathrooms 2BR / 1BA over 2BR / 1BA + 1BR / 1BA (Ground Level) Fully Renovated – Top to Bottom Custom Kitchens with Stainless Steel Appliances Designer Bathrooms with High-End Finishes Hardwood Floors Throughout Recessed Lighting Split-Unit Central Air Systems Private Driveway + 2-Car Garage
Located in a prime East Flatbush location, close to transportation, shopping, schools, and neighborhood amenities.
A rare opportunity to own a fully turnkey, income-generating property in one of Brooklyn’s most sought-after neighborhoods.
Schedule your private showing today.
Listed by Christopher A. Lee
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Moving Keyz Realty
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917-514-8337
Last updated March 25, 2026
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Source: OneKey #973161
Listing Facts
TypeMulti-family
NeighborhoodEast Flatbush
Bedrooms5
Bathrooms3
Days on Prevu17
Taxes$5,917.44/year
Amenities
Air Conditioning
Parking
Location
Mortgage Calculator
Listing History
03/18/2026
Listed by Moving Keyz Realty
$1,150,000
Estimated Closing Costs
Total
$43,885
Attorney Fees
$4,000
NYC Mansion Tax
$11,500
Title Insurance
$5,175
Bank Attorney
$1,500
Mortgage Recording Tax
$17,710
Other Closing Costs
$4,000
Estimated closing costs are based on the list price of $1,150,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.
Property Details for 234 E 42nd Street
Exterior
Construction
Number Of Units Total: 2
Year Built: 1930
Construction Materials: Frame
Measurements
Building Area Total: 1,536
Building Area Units: Square Feet
Lot Size Acres: 0.04
Lot Size Square Feet: 2,000
Financial
Residential Income
Cap Rate: 11234.0
Taxes
Parcel Number: 04895-0030
Tax Annual Amount: $5,917.44
Tax Assessed Value: $36,900.00
Tax Year: 2025
Interior
Features
Flooring: Hardwood
Interior Features: First Floor Bedroom, First Floor Full Bath, Eat-in Kitchen, Granite Counters, High Ceilings, High Speed Internet, Open Floorplan, Open Kitchen, Recessed Lighting
Rooms
Basement: Finished
Has Basement: Yes
Bathrooms Full: 3
Bathrooms Total Integer: 3
Bedrooms Total: 5
Parking
Parking
Garage Spaces: 2
Garage: Yes
Parking Features: Garage
Utilities
Equipment
Cooling: Central Air, Ductless, Electric, Zoned
Heating: ENERGY STAR Qualified Equipment, Forced Air
Sewer: Public Sewer
Utilities: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected
Water Source: Public
Frequently Asked Questions
How many bedrooms and bathrooms does this multi-family home have?
There are 5 bedrooms and 3 bathrooms in this multi-family home at 234 E 42nd Street.
Does this multi-family home have parking?
Yes, there are 2 parking spaces available for 234 E 42nd Street.
What are the annual taxes for 234 E 42nd Street?
Annual taxes for this multi-family home are estimated at $5,917.
How does 234 E 42nd Street compare to other multi-family homes in East Flatbush?
This multi-family home is listed 9% above the average price for multi-family homes in East Flatbush and has been on the market for 118 less days than the typical home in this area.
234 E 42nd Street is a 5-bedroom, 3-bath multi-family home for sale in Brooklyn NY 11203. Available on Prevu for 17 days at $1,150,000. This home is located in East Flatbush. The median listing price for multi-family homes in this area is $799,000. Property amenities include air conditioning and parking. View other multi-family home listings in Brooklyn.
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Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.