223 96th Street Brooklyn, NY 11209
MULTI_FAMILY - Brooklyn, NY
Property Features for 223 96th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R4-1
- Bedrooms
- 8
- Bathrooms
- 14
- Rooms
- Bathroom 9, Bedroom 2, Bathroom 7, Bathroom 2, Bathroom 13, Bathroom 11, Bedroom 8, Bathroom 5, Bedroom 3, Bathroom 1, Bathroom 4, Bathroom 6, Bedroom 7, Bathroom 3, Bedroom 5, Bathroom 8, Bathroom 14, Bathroom 10, Bedroom 4, Bathroom 12, Bedroom 6, Bedroom 1
- Parking features
- Garage
- Patio and Porch features
- Porch, Deck
- Interior features
- Deck, Dishwasher, Dryer, Laundry Area, Porch, Refrigerator, Terrace, Washer
- Basement
- Full
- Standard status
- Active
- Size
- 2,584 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Annual Amount
- 12139
Building Details
- Flooring type
- Hardwood
- Building materials
- Block
- Roof type
- Flat
Listing agent Christine P. Olivieri (718) 680-6442
Listing office Ben Bay Realty Co 8304 13th Ave, Brooklyn, NY (718) 680-6442
Listing date May 28, 2026
Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The home is located in Brooklyn, NY, in an R4-1 zoning district. It is described as being just minutes from Shore Road and positioned near parks and waterfront paths, as well as shopping, restaurants, schools, and public transportation.
The building sits on a 27 x 100 lot with a large 19 x 68 building footprint, providing substantial on-site space for long-term residential income or owner-occupancy scenarios, with off-street parking and garage capacity included.
Key Highlights
- Oversized Bay Ridge 2‑family brick home with a shared driveway and an additional built‑in 2‑car garage
- 27 x 100 lot with a large 19 x 68 building footprint
- Hardwood floors throughout and move‑in ready interior features including deck, porch, terrace, and a laundry area
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $131.8k | $51.00 |
| − Vacancy | −$2.5k | −$0.97 |
| EGI | $129.3k | $50.03 |
| − OpEx | −$38.8k | −$15.01 |
| NOI | $90.5k | $35.02 |
