99 E 96th St, Brooklyn, NY Multi-Family FOR SALE


Brooklyn, NY - East Flatbush
$6,000,000 USD
917-836-1050
, Brooklyn, NY for Sale
$6,000,000 USD
Multi-Family - FOR SALE
1/3
null | 8.47% Cap Rate

99 E 96th St, Brooklyn, NY
Brooklyn, NY
East Flatbush


OVERVIEW

Three property portfolio, 99 East 96th Street, 455 East 94th Street & 448 East 94th Street, Brooklyn, NY. This offering comprises three pre-war multifamily buildings in East Flatbush, Brooklyn, totaling 83 fully occupied, rent-stabilized units with no rent control, ranging from studios to 3-bedroom apartments. The portfolio features well-maintained walk-up construction, efficient layouts, and strong, stable rental demand.  Together, the properties deliver a portfolio CAP rate over 8%, supported by steady cash flow. All buildings are conveniently located near major retail corridors, multiple bus lines, and the 2/3/4/5 subway lines at Utica Avenue.  A rare opportunity to acquire a high-performing, stabilized multifamily package in a strong Brooklyn rental market. DHCRs available upon request. Buyer is responsible for due diligence.  Buildings may also be purchased individually.

ASK ABOUT THIS PROPERTY

Charles OlsonKeller Williams Realty EmpireMore Info
917-836-1050

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Charles OlsonKeller Williams Realty EmpireMore Info
917-836-1050

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.