99 E 96th St, Brooklyn, NY, 11212
Property Details
98
83
multi family
Description
Multi Family in Brooklyn, NY - Bedrooms: 98 - Bathrooms: 83 - Area: 22292 sqft - Year Built: 1926 - Lot: 7500 sqft
Listing Agent: Charles Olson Brokerage: KELLER WILLIAMS REALTY EMPIRE
Three property portfolio, 99 East 96th Street, 455 East 94th Street & 448 East 94th Street, Brooklyn, NY This offering comprises three pre-war multifamily buildings in East Flatbush, Brooklyn, totaling 83 fully occupied, rent-stabilized units with no rent control, ranging from studios to 3-bedroom apartments. The portfolio features well-maintained walk-up construction, efficient layouts, and strong, stable rental demand. Together, the properties deliver a portfolio CAP rate over 8%, supported by steady cash flow. All buildings are conveniently located near major retail corridors, multiple bus lines, and the 2/3/4/5 subway lines at Utica Avenue. A rare opportunity to acquire a high-performing, stabilized multifamily package in a strong Brooklyn rental market. DHCRs available upon request. Buyer is responsible for due diligence. Buildings may also be purchased individually.
Location
Address
99 E 96th St, Brooklyn, NY, 11212
City
Brooklyn
Features and Finishes
Bedrooms: 98, Basement Features: Full, Unfinished, Full Bathrooms: 83, Fuel Expense: 84569, Heating Fuel: Gas,Oil, Water Heaters: Gas, Oil, Flooring: Hardwood, Laminate, Linoleum, Tile, Lot Size Acres: 0.1721763, Lot Size Square Feet: 7500, Yard: Back,Side, Gross Income: 1187301, Annual Tax Amount: 256001, Source Listing Status: Active, County: Kings (Brooklyn), Cross Street: Rutland Rd, Other Expense: 3000, Source Property Type: Residential, Insurance Expense: 69276, Area: East Flatbush, Source Neighborhood: East Flatbush, Zoning: R6, Property Subtype: Multi-Family, Net Operating Income: 507913, Operating Expense: 679388, Total Square Feet Living: 22292, Year Built: 1926, Building Area Total: 6600, Building Exterior Type: Brick, Construction Materials: Brick, Foundation Details: Poured Concrete, Property Age: 100, Roof: Asphalt/Tar, Flat, Levels or Stories: 4, Structure Type: Detached, Electric: 110 V, hardwood floors, two or more stories, rental property, efficient
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