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99 E 96th St, Brooklyn, NY 3 Multifamily Properties Offered at $6,000,000 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 | $6,000,000 | Number of Properties | 3 |
| Price / SF | $81.64 / SF | Individually For Sale | 0 |
| Cap Rate | 8.47% | Total Building Size | 73,492 SF |
| Sale Type | Investment | Total Land Area | 0.54 AC |
| Status | Active |
| Price | $6,000,000 |
| Price / SF | $81.64 / SF |
| Cap Rate | 8.47% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 73,492 SF |
| Total Land Area | 0.54 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 455 E 94th St, Brooklyn, NY 11212 | Multifamily | 25,600 SF | 1928 | - |
| 448 E 94th St, Brooklyn, NY 11212 | Multifamily | 25,600 SF | 1928 | - |
| 99 E 96th St, Brooklyn, NY 11212 | Multifamily | 22,292 SF | 1926 | - |
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99 E 96th St, Brooklyn, NY
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