New Listing - 05/27/2026
99 E 96th Street, Brooklyn, NY, 11212
1926
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.
Status:
Active
Type:
Commercial
Units:
83
Heating:
Natural Gas, Oil
Cooling:
None
Basement:
Full, Unfinished
Levels:
4
Parking:
On Street
Acreage:
0.17
Est. Taxes:
$256,001
Construction
Brick
Utilities
None
School District:
Community District 17
Appliances:
Gas Oven, Refrigerator
MLS #:
992595
Community Info
School Info
Walk Score
Mass Transit
Yelp
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Listing courtesy of Keller Williams Realty Empire 718-954-8400