Sold on 11/20/2024 for $950,000
142 E 95th Street
MLS® #RLS10929726
Listing by Platinum Properties
7
Bedrooms
4
Baths
3,198
Sq. Ft.
1920
Year Built
Quick Summary
Property Highlights
- Style: Prewar,WalkUp architecture
- Character: Pre-war building (1920)
Property Details
Description
Platinum Properties is proud to present 142 E 95th Street, a four unit multifamily building in fast developing East Flatbush. This is a tremendous value-add investment or an owner-occupied multifamily home., this well maintained building is 100% free market (Three 2BR’s and one 1BR). Similar buildings nearby that have been renovated prove that a major increase in rent is possible with only modest renovations. Additional value adds include a potential rentable parking space, basement storage units and laundry.
Nearby train stations for the express 3 / 4 trains make the location very attractive for high price renters who commute to Manhattan. A strong retail community exists on Rutland and 95th. Lincoln Terrace Park is nearby.
Even greater capitalization potential exists due to the lot’s coveted R6 zoning and unused FAR. This allows for an entirely new development to be built. An example of this approach was just completed across the street. The asset also holds the highly desirable 2A tax class, meaning the taxes cannot increase more than 8% per year and no more than 30% over 5 years
With demand for value-add housing stock at an all time high don’t miss a chance for much improved cash flow opportunity. This is a great opportunity to expand a portfolio or the perfect place to start your empire with a high upside asset.
Reach out today for more details or to set up an online viewing.
Investment Highlights
Asking Price: $1,095,000
Current Cap Rate: 4.8
Pro Forma Cap Rate: 8.9
Units: 4
Price/Unit: $273,750
Price/SF: $342
Total GSF: 3,198
Tax Class: 2A
Zoning Residential FAR: R6
Total Buildable SF: 6073
Available Air Rights: 2874
Lot Size: 2,500 sq ft
Floors: 2
Address: 142 E 95th Street Brooklyn NY 11212
Location: East Flatbush
Features & Amenities
Interior Features
Building Information
Financial Details
About Remsen Village
View All Remsen Village ListingsRemsen Village is an cosmopolitan Manhattan neighborhood known for its architectural significance and central location. The real estate market offers a range of sophisticated housing options, from historic pre-war cooperatives to modern luxury developments, providing residents with a sophisticated urban environment.
Remsen Village Live Market Data
View NeighborhoodActive Listings
2
Median Asking Price
$1.38M
Median $/Sqft
$234
Avg Days on Market
N/A
New This Week
0
Price Reduced
0%
Sold (30 Days)
0
Median Sale Price
$1000K
Live data from RLS at REBNY • Updated 2/20/26, 11:46 AM EST
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Location
142 E 95th Street, Remsen Village, Kings County • Near Rutland Road/Winthrop Street
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
All data is provided for informational purposes only and should be independently verified. See our Data Sources Policy for more information.
Listing Courtesy of Platinum Properties - Jess Prichard
Listing Contact: (917) 456-6804
Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.
RLS Data display by Keller Williams NYC. Data last updated on 2/20/2026 at 4:46 PM UTC