The property located at 322 42nd St in Brooklyn's desirable Sunset Park neighborhood has solid flip potential. With a listing price of $950K, it offers a competitive entry point compared to nearby comps that indicate median sold prices around $1.48M. The neighborhood's average price per square foot is approximately $1,187, suggesting there's room for appreciation, particularly if minor renovations are undertaken. However, its current condition as an 'as-is' sale means potential buyers should evaluate necessary updates carefully.

To maximize your return on investment, consider focusing on cosmetic updates that appeal to buyers, such as fresh paint, landscaping, and kitchen enhancements. Given the competitive market and desirability of Sunset Park, these improvements could significantly increase your selling price. Additionally, ensure to engage a local market expert to assist in navigating the nuances of the area and optimizing your strategy.