Property
| Ownership: | For Sale |
|---|---|
| Type: | Multi-Family |
| Bedrooms: | Studio |
| Lot Size: | 0.2 Acres |
Financials
Listing Courtesy 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.
Description
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.
Amenities
- Gas Oven
- Refrigerator

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.