Colonial Style Four Family
For Sale
$1,249,000
211 E 96th Street 4, Brooklyn, NY 11212
Colonial style four family home featuring eight bedrooms.
Property Size3,568 SF
Price / SF$350.06
Days on Market651
Property Features for 211 E 96th Street 4
General Information
Standard status
Active
Size
3,568 SF
Property subtype
Multi Family
Taxes and HOA fees
Annual Taxes
$12,770
Building Details
Year Built
1931
Listing Agency:
Island Advantage Realty LLC
Listed By:
Todd A. Yovino · License #49YO0956714
(631) 351-6000
Source:
Exitrealty
Added: Dec 30, 2024
Changed: Oct 6
Last Checked: Oct 5 at 5:57PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Island Advantage Realty LLC
Investment Insights
Based on property information with market context.
This colonial style four family home features 8 bedrooms, 4 full baths, and 4 eat-in kitchens. The property is a multifamily residential income property.
Key Highlights
- 8 Bedrooms offer ample living space.
- 4 Full Baths.
- 4 Eat In Kitchens, great for multi‑family living.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$108,927
Cap Rate
8.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,178,540
$2.2M
Cap Rate 7%
$1,556,100
$1.6M
Cap Rate 9%
$1,210,300
$1.2M
Market Conditions
NOI Build-Up for 3,568 SF
Gross rent
$202.1K $56.64/SF
− Vacancy
−$4.0K −$1.13/SF
EGI
$198.0K $55.51/SF
− OpEx
−$89.1K −$24.98/SF
NOI
$108.9K $30.53/SF
Area
Brooklyn, NY
Vacancy
2.00%
Lease Rate
$56.64 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,178,540
Cap Rate 7%
$1,556,100
Cap Rate 9%
$1,210,300
Alternative Uses
Best Use
Multifamily LT 5
$1.79M
$1.56M – $2.08M
NOI $124,957 @ 7.0% cap · market cap 10.00%
Second Best
Apartment 5plus
$1.56M
$1.36M – $1.82M
NOI $108,927 @ 7.0% cap · market cap 8.72%
Theoretical Best
Specialty Retail
$2.95M
$2.59M – $3.45M
NOI $206,801 @ 7.0% cap · market cap 16.56%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
4,133
Businesses Nearby
Explore this area
Business Placement
Demographics for 11212, NY
91,574
Population
34,782
Households
2.6
Avg Household Size
36
Median Age
16%
College-Educated
78%
High-School Grad
1.5 sq mi
ZIP Area
61,049
Density / Sq Mi
$40,060
Median Household Income
$32,553
Median Earnings
$1,231
Median Rent
$549,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Quadplex - Colonial style four family home featuring eight bedrooms.
Where is this quadplex located?
The property is located at 211 E 96th Street 4 Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,249,000.
What are key features of this property?
This property features: 8 Bedrooms offer ample living space.; 4 Full Baths.; 4 Eat In Kitchens, great for multi‑family living.
