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5042 Kings HighwayBrooklyn, NY 11234

For Sale

$749,999

Smart Buyer Rebate $6,250

Welcome to this beautifully recently updated multifamily property in a desirable section of East Flatbush, offering excellent rental income potential and comfortable living.
The home includes a studio apartment on the first floor, perfect for generating steady income. The upper residence spans two full levels and features two spacious bedrooms, a well-laid-out kitchen with a dining area, and an open, inviting layout.
A standout aspect of this property is its private outdoor spaces. In the front, there’s a welcoming walk-up porch that provides a charming spot to enjoy the neighborhood. In the rear, the second floor boasts a private balcony overlooking the backyard, offering a serene and comfortable atmosphere for relaxation.
Recently updated and conveniently located near shopping, transportation, and dining, this property combines income potential, comfort, and prime East Flatbush location.
Don’t miss out on this opportunity !!

Listed by Jerome Jones

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Fave Realty Inc

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516-519-8049

Listed by Krystal Gilgeours

·

Fave Realty Inc

Last updated January 28, 2026

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Source: OneKey #951520

Listing Facts

  • TypeMulti-family
  • NeighborhoodFlatlands
  • Bedrooms2
  • Bathrooms2
  • Days on Prevu17
  • Taxes$5,449.08/year

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

01/13/2026
Listed by Fave Realty Inc
$749,999

Estimated Closing Costs

Total
$24,424
Attorney Fees
$4,000
Title Insurance
$3,375
Bank Attorney
$1,500
Mortgage Recording Tax
$11,549
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $749,999 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 5042 Kings Highway

Exterior

Construction

  • Number Of Units Total: 2
  • Property Attached: Yes
  • Year Built: 1940
  • Construction Materials: Brick

Measurements

  • Building Area Total: 1,584
  • Building Area Units: Square Feet
  • Lot Size Acres: 0.03
  • Lot Size Square Feet: 1,659

Financial

Taxes

  • Parcel Number: 07735-0040
  • Tax Annual Amount: $5,449.08
  • Tax Assessed Value: $42,060.00
  • Tax Year: 2024

Interior

Features

  • Interior Features: First Floor Full Bath, Eat-in Kitchen, Open Floorplan, Open Kitchen

Rooms

  • Bathrooms Full: 2
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 2

Parking

Parking

  • Parking Features: Driveway

Utilities

Equipment

  • Cooling: Wall/Window Unit(s)
  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this multi-family home have?

There are 2 bedrooms and 2 bathrooms in this multi-family home at 5042 Kings Highway.

What are the annual taxes for 5042 Kings Highway?

Annual taxes for this multi-family home are estimated at $5,449.

How does 5042 Kings Highway compare to other multi-family homes in Flatlands?

This multi-family home is listed 27% below the average price for multi-family homes in Flatlands and has been on the market for 93 less days than the typical home in this area.

5042 Kings Highway is a 2-bedroom, 2-bath multi-family home for sale in Brooklyn NY 11234. On Prevu for 17 days at $749,999. This home is located in Flatlands. The median listing price for multi-family homes in this area is $783,750. Property amenities include parking. Explore more multi-family home listings in Brooklyn.

The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey™ MLS. 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. This information is provided exclusively for consumers’ personal, non-commercial use. Information Copyright 2026, OneKey™ MLS. All Rights Reserved.

Full MLS Disclaimers

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.