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About This Home
This -bedroom, -bathroom residential multi family at 99 E 96th Street in Brooklyn, NY is listed for $6,000,000 ($269 per sqft). Built in 1926, the home offers 22,292 sqft of living space on a 0.17 acres lot.
99 East 96th Street is offered as part of an 83-unit, 3-building portfolio including 448 East 94th Street and 455 East 94th Street. This East Flatbush, Brooklyn portfolio consists of three pre-war, red-brick multi-family properties featuring a mix of studio to three-bedroom apartments.
The assets are fully occupied and 100% rent-stabilized with zero rent control. Priced at a discount as a package deal, the portfolio offers significant long-term appreciation potential alongside immediate cash flow at a current cap rate exceeding 8.5%.
Tenants benefit from proximity to retail corridors along Rockaway Parkway and Utica Avenue, as well as transit via multiple bus lines and the 2, 3, 4, and 5 subway lines at Utica Avenue. DHCR histories are available upon request; the buyer is responsible for all due diligence.
Key Features
- Built in 1926
- 0.17 acre lot
- 4 stories
Property Details
Amenities
Monthly Cost Estimate
$32,089/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
99 E 96th Street
Brooklyn, NY 11212
Features & Amenities
Interior Features
Property Details
Flooring
Construction
Questions & Answers
This null-bedroom, null-bathroom residential multi family at 99 E 96th Street is listed at $6,000,000 ($269/sqft). The estimated monthly payment is $26,000 based on 20% down at 6.5% interest.
Key features include: Built in 1926, 0.17 acre lot, 4 stories. Interior Features: Refrigerator, Stove.
This property is listed by Charles A. Olson and can be reached at (917) 836-1050 or charlesolson@kw.com.
