99 E 96th Street, Brooklyn, NY

$2,275,000

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26,000

Square feet

0.17

Acres

About 99 E 96th Street

99 East 96th, AKA address 99-107 East 96th Street, is an excellent opportunity to acquire a solid red-brick, four-story pre-war 30-unit multifamily building in the heart of East Flatbush, Brooklyn. This well-maintained walk-up property is filled with spacious pre-war apartments ranging from studios to 3 bedrooms that attract a strong rental demand and provide steady cash flow. With a CAP rate near 8%, the property offers immediate income as well as long-term appreciation potential. Fully occupied, all apartments are rent-stabilized, with no rent control. The building is situated in a prime location, surrounded by numerous shopping and dining options along Rockaway Parkway and Utica Avenue. Nearby Lincoln Terrace Park and Betsy Head Park offer green spaces and recreation, while multiple bus lines and the 2, 3, 4, and 5 subway lines at Utica Avenue ensure convenient transportation throughout the city. With consistent occupancy, rental upside, and highly desirable pre-war layouts, this 30-unit brick building is a substantial addition to any investment portfolio. DHCRs can be provided upon request. Buyer is responsible for due diligence.

Features of 99 E 96th Street

MLS® # 916806
Price $2,275,000
Bathrooms 0.00
Internal Footage 26,000
Square Footage 7500
Acres 0.17
Year Built 1926
Type Commercial Sale
Sub-Type Multi Family
Status Active

Community Information

Address 99 E 96th Street
City Brooklyn
County Kings (Brooklyn)
State NY
Zip Code 11212

Amenities

Utilities None
Parking On Street
Is Waterfront No
Has Pool No

Interior

Appliances Gas Oven, Refrigerator
Heating Natural Gas
Cooling None
Fireplace No
# of Stories 4
Has Basement Yes
Basement Full, Unfinished

Exterior

Construction Brick

Additional Information

Date Listed September 24th, 2025
Days on Market 16
Zoning R6
Short Sale No
RE / Bank Owned No

Listing Details

Listing Provided Courtesy ofKeller Williams Realty Empire
Contact Info718-954-8400

Listing Map

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