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35 Beds

-- Bathrooms

22,292 Building Sqft

7,500 Lot Sqft

$2,275,000

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

About 99 96th Street

Active Multi-Family

99 East 96th, AKA address 99-107 East 96th Street, is an excellent opportunity to acquire a solid red-brick, four-story pre-war 30-unit multifamily building in the heart of East Flatbush, Brooklyn. This well-maintained walk-up property is filled with spacious pre-war apartments ranging from studios to 3 bedrooms that attract a strong rental demand and provide steady cash flow. With a CAP rate near 8%, the property offers immediate income as well as long-term appreciation potential. Fully occupied, all apartments are rent-stabilized, with no rent control. The building is situated in a prime location, surrounded by numerous shopping and dining options along Rockaway Parkway and Utica Avenue. Nearby Lincoln Terrace Park and Betsy Head Park offer green spaces and recreation, while multiple bus lines and the 2, 3, 4, and 5 subway lines at Utica Avenue ensure convenient transportation throughout the city. With consistent occupancy, rental upside, and highly desirable pre-war layouts, this 30-unit brick building is a substantial addition to any investment portfolio. DHCRs can be provided upon request. Buyer is responsible for due diligence.

Features of 99 96th Street

MLS® #
496065
Bedrooms
35
Acres
0.17
Type
Residential
Price
$2,275,000
Building Sqft
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

Listing Map

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At a Glance

99 East 96th Street

Brooklyn, New York, 11212

$2,275,000

35 Beds

-- Bathrooms

22,292 Building Sqft

7,500 Lot Sqft

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