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99 East 96th Street, Brooklyn, New York, 11212

$6,000,000

98

Beds

Bathrooms

22,292

Building Sqft

0.17

Acres

7,500

Lot Sqft

About 99 96th Street

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.

Features of 99 96th Street

MLS® #
500981
Bedrooms
98
Acres
0.17
Type
Residential
Price
$6,000,000
Square Footage
22,292
Year Built
1926
Sub-Type
Multi-Family

Community Information

Address
99 96th Street
City
Brooklyn
County
Kings (Brooklyn)
State
New York
Zip Code
11212

Listing Information

Agent Name
Charles A. Olson
Agent Office
Keller Williams Realty Empire

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(718) 987-7900