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234 E 42nd St, Brooklyn, NY, 11203

5beds
3baths
1,536sqft
$1,048,000
$682price/sqft
$6,404/moest. monthly cost
$256,160/yrincome needed

About This Home

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

Getting Around

86
WalkingVery Walkable
0
TransitVery Limited Transit
53
BikeBikeable

Schools

3/10

Construction

Condition

  • Year built: 1930

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Dishwasher,Washer/Dryer
  • Laundry features: Inside

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 3

Cooling

  • Cooling features: Central Air

Features

  • Flooring: Hardwood

Interior Area

  • Total structure area: 1,536
  • Total interior livable area: 1,536 sqft

Property

Details

  • Parcel number: 048950030
  • Special condition: Resale

Parking

  • Parking features: Garage
  • Has garage: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveRelatively High
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Winter Weather
Tsunami

FEMA Declared Disasters in Kings County and New York

Flood
Severe Storm
Snowstorm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $5,299$63,588
Home Insurance *$363$4,356
Property Taxes $489$5,868
Electricity $253$3,046
Total$6,404$76,848
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$219,565/yr
40% on housing$192,120/yr
45% on housing$170,773/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 4.2%
4.2%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$682This listing

vs Other Active Listings

Avg $/sqft

ZIP 11203$493
Kings County$697

vs Homes Sold Last Month

Median $/sqft

ZIP 11203$481
Kings County$623

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-03-18Listed for sale$1,150,000
2025-11-14Sold$400,000

For Sale by Agent

AgentChristopher Lee
BrokerageMOVING KEYZ REALTY

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