$6,000,000

Estimated payment $53,552/month

Total Views 7,135
98 Beds
83 Baths
22,292 Sq Ft
$269 Price per Sq Ft

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

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.

Listing Agent

Charles Olson

Keller Williams Realty Empire Listed on: 04/29/2026

Keller Williams Realty Empire

Co-Listing Agent

Jean Marrone

Keller Williams Realty Empire

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 Cellar
  • Stove

Flooring

  • Wood
  • 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

Community Details

  • 83 Units
  • Gross Income $2,191,200

Listing and Financial Details

  • Tax Block 4615

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$256,001

Year Built

Built in 1926

Lot Details

7,500 Sq Ft Lot

Listing Details

  • Basement Amenities: Cellar, Unfinished
  • Borough: Brooklyn
  • Building Length: 88.00
  • Building Width: 75.00
  • Co List Office Mls Id: 117340
  • Co List Office Phone: (718) 954-8400
  • Confirmed By M L S Y N: Yes
  • Cross Street: Rutland Rd
  • Cross Street Name2: Winthrop St
  • Handicap Access Y N U: No
  • Heat Delivery: Steam/Radiator
  • Number Of Families: 83
  • Parking Feature Single: None
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Refrigerator, Stove
  • Fill Sq Ft Total: 22292
  • Building Stories: 4
  • Street Name I D X: 96th
  • Year Built: 1926
  • Special Features: None
  • Stories: 4

Interior Features

  • Basement Full Bathrooms: 83
  • Total Bedrooms: 98
  • Flooring: Hardwood, Tile
  • Lot Sq Ft: 7500

Exterior Features

  • Yard: Back, Side
  • Exterior Building Type: Detached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 69
  • Roof: Asphalt/Tar, Flat

Utilities

  • Air Conditioning Units: 0
  • Electric: 110 V
  • Heating Fuel: Gas, Oil
  • Hot Water: Gas, Oil

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 75
  • Zoning: R6

Rental Info

  • Rent Income: 182600

Multi Family

  • Annual Gross Expense: 1194060.00
  • Annual Gross Income: 2191200

Tax Info

  • Flip Tax Amount: 256001.00

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/29/2026 04/29/26 For Sale $6,000,000 -- $269 / Sq Ft
Source: Brooklyn Board of REALTORS®

Source: Brooklyn Board of REALTORS®

MLS Number: 500981

Brooklyn Board of REALTORS®
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