99 E 96th St Brooklyn, NY 11212
East Flatbush NeighborhoodEstimated payment $53,658/month
Highlights
- 7,500 Sq Ft lot
- 2-minute walk to Sutter Avenue-Rutland Road
- Heating System Uses Steam
- Wood Flooring
- Back and Side Yard
About This Home
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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $256,001
Year Built
- Built in 1926
Lot Details
- 7,500 Sq Ft Lot
- Lot Dimensions are 100 x 75
- Back and Side Yard
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Poured Concrete
- Asphalt Roof
Interior Spaces
- 22,292 Sq Ft Home
- 4-Story Property
- Unfinished Basement
- Basement Fills Entire Space Under The House
Flooring
- Wood
- Linoleum
- Laminate
- Tile
Bedrooms and Bathrooms
- 98 Bedrooms
- 83 Full Bathrooms
Utilities
- Heating System Uses Steam
- Heating System Uses Gas
- Heating System Uses Oil
- 110 Volts
- Gas Water Heater
- Oil Water Heater
Listing and Financial Details
- Tax Block 4615
Community Details
Overview
- 83 Units
Building Details
- Fuel Expense $84,569
- Insurance Expense $69,276
- Utility Expense $10,099
- Gross Income $1,187,301
- Net Operating Income $507,913
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/20/2025 11/20/25 | For Sale | $6,225,000 | +173.6% | $279 / Sq Ft |
| 09/25/2025 09/25/25 | For Sale | $2,275,000 | -- | $102 / Sq Ft |
Source: Brooklyn Board of REALTORS®
MLS Number: 497475
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The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.
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Ask me questions while you tour the home.