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99 E 96th St, Brooklyn, NY 3 Multifamily Properties Offered at $6,225,000 in Brooklyn, NY
EXECUTIVE SUMMARY
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.
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 FACTS
| Price | $6,225,000 | Number of Properties | 3 |
| Price / SF | $101.75 / SF | Individually For Sale | 3 |
| Sale Type | Investment | Total Building Size | 61,179 SF |
| Status | Active | Total Land Area | 0.54 AC |
| Price | $6,225,000 |
| Price / SF | $101.75 / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 3 |
| Total Building Size | 61,179 SF |
| Total Land Area | 0.54 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 448 E 94th St, Brooklyn, NY 11212 | Multifamily | 21,159 SF | 1928 | $2,080,000 |
| 455 E 94th St, Brooklyn, NY 11212 | Multifamily | 20,752 SF | 1928 | $2,200,000 |
| 99 E 96th St, Brooklyn, NY 11212 | Multifamily | 19,268 SF | 1926 | $2,275,000 |
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99 E 96th St, Brooklyn, NY
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