499-501 East 94th Street is a brick four-family in Brownsville, ideally positioned between Willmohr Street and Church Avenue, offering a compelling value-add or long-term hold. All four apartments are two-bedroom layouts. Set on an oversized 40x100 lot, the property sits within an R6 district with a C1-3 commercial overlay and benefits from over 6,600 SF of unused FAR-presenting meaningful future development potential subject to independent verification and approvals. The existing structure measures 20x78 (approx. 3,120 SF). Sale is strictly as-is, with no interior access; please do not disturb the current occupants. The property will not be delivered vacant and will transfer subject to existing tenancies. All information provided is deemed reliable but not guaranteed; purchasers are advised to verify all dimensions, zoning, and development rights independently.
Listed by Jason Abrishami
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Douglas Elliman Real Estate
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(516) 238-3520
Listed by Jerry Minsky
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Douglas Elliman Real Estate
Last updated August 20, 2025
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Source: REBNY #RLS20042041
Listing Facts
TypeSingle-family
NeighborhoodWest Waverly
Bedrooms8
Bathrooms4
Days on Prevu74
Amenities
Private Outdoor Space
Parking
Location
Mortgage Calculator
Listing History
08/11/2025
Listed by Douglas Elliman Real Estate
$915,000
Estimated Closing Costs
Total
$27,709
Attorney Fees
$4,000
Title Insurance
$4,118
Bank Attorney
$1,500
Mortgage Recording Tax
$14,091
Other Closing Costs
$4,000
Estimated closing costs are based on the list price of $915,000 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 501 East 94th Street MULTIFAM
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.