The listing facts are current enough for an initial property review.
for saleRealtyLens property overview
$1,050,000
131 E 93rd St
Brooklyn, NY, 11212
View more Brooklyn, NY property pages7Beds
5.5Baths
3,520Sqft
$298$/sqft
Listing Notes
Prime investment opportunity-this semi-detached brick four-family property, zoned R6, is a true income-producing asset offering a substantial 20 x 80' building with over 3,500 square feet of living space. Featuring a full finished basement with a separate front entrance, this well-maintained property provides added flexibility and potential for future enhancement consistent with R6 zoning. The layout includes three spacious two-bedroom apartments and one well-proportioned one-bedroom apartment, all currently leased, delivering immediate and steady rental income. A shared driveway and private yard further enhance tenant appeal. Ideally situated near the 3 train and convenient bus lines including the B15, B47, and B46, and just moments from the shops, restaurants, and fitness centers along East 98th Street, Cortelyou Road, and Utica Avenue, this is an exceptional opportunity for investors seeking strong cash flow with long-term growth potential.
Market Insights
Below nearby median-45%
$298/sqft vs a nearby median of $540/sqft.
Nearby median$540/sqft
Nearby properties8
Property size3,520 sqft
- -45% versus the nearby median price per square foot.
- Price history is limited, so current comps matter more than trend alone.
- 3,520 sqft creates a usable price-per-square-foot read.
Pricing Read
Yardstick fair value$1.96M$1.78M – $2.13M · 50% confidence
vs ask $1.05M−$906k (−86.3%)
Asking price is about 86.3% below the fair value — likely to draw competing offers if it's still on market.
$540/sqft median across 6 tight comps × 3,520 sqft= $1.90M
- Transit access+$47k +2.5%
- Pre-war character+$47k +2.5%
- Open Class C HPD violations−$28k −1.5%
- Days-on-market gravity−$9k −0.5%
Cumulative NYC adjustments+$57k+3.0%
Property Read
The asking price per square foot is below the nearby median, which can be worth a closer comp check.
Price history is still limited; review again as more market activity becomes available.
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Listing Details
- Days on market
- 68 days
- Last price change
- No change recorded
- Listed
- Mar 5, 2026
- Photos
- 10 photos
- Property type
- multi family
- Status
- for sale
Features & Amenities
Hardwood FloorsTwo Or More StoriesBasementPrivate BackyardRental PropertyInvestment OpportunityShopping
Photos
Building Facts
- Year built
- 1930
- Stories
- 2
- Total units
- 4
- Residential units
- 4
- Building area
- 3,520 sqft
- Lot size
- 2,650 sqft
- Land use
- Multi-family walk-up buildings
- Building class
- C3
From NYC public records where available.
Price History
May 4, 2026Initial record
$1,050,000for sale
Public Records
DOB violations0 open
0 total recorded against the building
HPD violations7 open
1 class C (immediately hazardous)
ACRIS documents30
Tax-lot deed, mortgage, and transfer records on file
311 calls (12 mo)34,149
Top: noise - residential
Top complaint types in ZIP 11212
- Noise - Residential4,974
- HEAT/HOT WATER4,269
- UNSANITARY CONDITION2,178
- Noise - Street/Sidewalk2,010
- Illegal Parking2,007
Recent HPD
- May 4, 2026Class A · (A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPD S WEBSITE, WWW.NYC.GOV\HPD, SEARCH BE...
- Apr 2, 2026Class B · § 27-2005 ADM CODE PROPERLY SECURE THE LOOSE CABINET DOOR AT WEST WALL IN THE KITCHEN LOCATED AT APT 1R, 1st STORY, 1st APARTMENT FROM NORTH AT EAST
- Apr 2, 2026Class B · § 27-2005 ADM CODE REPAIR THE BROKEN OR DEFECTIVE PLASTERED SURFACES AND PAINT IN A UNIFORM COLOR AT CEILING IN THE KITCHEN LOCATED AT APT 1R, 1st STORY, 1st APARTMENT FROM NORT...
- Apr 2, 2026Class C · § 27-2037, 2038 HMC: PROVIDE A SAFE AND ADEQUATE SUPPLY OF ELECTRIC SERVICE TO THE FIXTURES THROUGHOUT IN THE ENTIRE APARTMENT LOCATED AT APT 1R, 1st STORY, 1st APARTMENT FROM N...
Recent Transfers (ACRIS)
- Aug 13, 2019DEED
Sourced from NYC Open Data (DOB, HPD, ACRIS). Updated as the city republishes — check the original source for live status.