Courtesy of: Charles A. Olson, Keller Williams Realty Empire, charlesolson@kw.com
Courtesy of: Charles A. Olson, Keller Williams Realty Empire, charlesolson@kw.com
$6,000,000
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98 bed
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83.00 Bath (83 Full)
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Lot: 0.17 Acres
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Other
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$6,000,000
99 E 96th Street 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.
Courtesy of: Charles A. Olson, Keller Williams Realty Empire, charlesolson@kw.com
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