99 E 96th Street Photo 1
99 E 96th Street Photo 2
99 E 96th Street Photo 3

99 E 96th Street

Brooklyn, NY 11212

$6,000,000
  • 0.17 Acre

99 E 96th Street
Brooklyn, NY 11212

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Brooklyn / NY

Multi Family HIGHLIGHTS

  • Property Type

    Commercial Sale, Multi Family

  • Year Built

    1926

  • Heating

    Yes - Natural Gas, Oil

  • Stories

    4

  • RE Tax

    $256,001

Listing courtesy of Charles A. Olson of Keller Williams Realty Empire.

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.
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  • Acres

    0.1722 Acres

  • City Region

    Brooklyn

  • Elementary School

    Brooklyn 17 District

  • High School

    Brooklyn 17 District

  • Lot Size

    7,500 Sqft

  • MLS #

    992595

  • Middle School

    Brooklyn 17 District

  • Property Type

    Multi Family

  • Year Built

    1926

  • Building Area Total

    26000

  • Construction Materials

    Brick

  • Total Number of Units

    83

  • Total Stories

    4

  • Year Built

    1926

  • Parking Features

    On Street

  • Annual Taxes

    $256,001

  • Appliances

    Gas Oven, Refrigerator

  • Basement

    Full, Unfinished

  • Heating

    Yes - Natural Gas, Oil

  • Cross Street

    Rutland Rd and Wintrop St

  • Sewer

    Public Sewer

  • Water Source

    Public

in US Dollars

%

Total/Month

  • Principal & Interest
  • Property Taxes (monthly) $21,333

 *The values provided are approximate. For more precise information, please contact a BHS agent who can offer further assistance.

99 E 96th Street

Location

Nearby Transit

  • 2 3 4 5

    at Sutter Av-Rutland Rd

    0.11 miles

Data courtesy of LocalLogic.co

East Flatbush
Neighborhood

East Flatbush

East Flatbush is a primarily residential neighborhood in central Brooklyn, generally bounded by Crown Heights to the north and Flatbush to the west. Development largely took place in the early to mid-20th century, resulting in blocks...

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99 E 96th Street

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