448 East 94th Street, Brooklyn, NY 11212
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448 East 94th Street,Brooklyn, NY 11212
$2,200,000
- 32 Beds
- 28 Baths
- 25,600 sq. ft.
- Multi-family
- Active
Listed by: jean marrone, charles a. olson
Office: keller williams realty empire
MLS#:496069
Source:BROOKLYN
Price summary
- Price:$2,200,000
- Price per sq. ft.:$85.94
About this home
448 East 94th St. AKA address 448-456 E94th St, is an excellent opportunity to acquire a solid red-brick, four-story pre-war 28-unit multifamily building in the heart of East Flatbush, Brooklyn. This well-maintained walk-up property with spacious pre-war apartments ranging from studios to 3 bedrooms attracts a strong rental demand and provides steady cash flow. With a CAP rate near 8%, the property offers immediate income as well as long-term appreciation potential. Fully occupied, all apartments are rent-stabilized, with no rent control in place. The building enjoys a prime location surrounded by multiple shopping and dining choices. Neighborhood perks include the modern amenities of nearby Kennedy Park and sporting opportunities at Betsy Head Park. Multiple bus lines and the 2, 3, 4, and 5 subway lines at Saratoga Avenue ensure convenient transportation throughout the city. With consistent occupancy, rental upside, and highly desirable pre-war layouts, this 28-unit brick building is a substantial addition to any investment portfolio. As a bonus, the opportunity to acquire a similar property located at 455 could add another 25 units to this asset collection. DHCRs can be provided upon request. Buyer is responsible for due diligence.
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Home facts
- Year built:1928
- Listing ID #:496069
- Added:84 day(s) ago
- Updated:December 17, 2025 at 03:02 PM
Rooms and interior
- Bedrooms:32
- Total bathrooms:28
- Full bathrooms:28
- Living area:25,600 sq. ft.
Heating and cooling
- Heating:Gas, Oil, Steam/Radiator
Structure and exterior
- Roof:Asphalt/Tar, Flat
- Year built:1928
- Building area:25,600 sq. ft.
- Lot area:0.18 Acres
Finances and disclosures
- Price:$2,200,000
- Price per sq. ft.:$85.94
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