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Rent-Stabilized Apartment Portfolio
For Sale
$6,000,000

99 E 96th St, New York, NY 10128

Pre-war red-brick buildings contain studio through three-bedroom apartments in a fully occupied multifamily portfolio.

Property SizeContact for details
Days on Market100

Property Features for 99 E 96th St

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $256,001
Listing Agency: Keller Williams Realty Empire
Listed By: Charles A. Olson · License #10491204283
Source: Exprealty
Added: May 27 Changed: Aug 30 Last Checked: Aug 31 at 6:25PM

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 Keller Williams Realty Empire

Investment Insights

Based on property information with market context.

99 E 96th Street is included in an 83-unit portfolio spanning three pre-war, red-brick multifamily buildings in East Flatbush, Brooklyn. The apartment mix ranges from studios to three-bedroom residences, and all units are rent-stabilized with no rent-controlled apartments. The portfolio is fully occupied, with a current cap rate exceeding 8.5%.

Residents have access to retail corridors along Rockaway Parkway and Utica Avenue. Multiple bus routes serve the area, while the 2, 3, 4, and 5 subway lines are available at Utica Avenue. DHCR histories are available upon request, and the buyer is responsible for due diligence.

Key Highlights

  • 83‑unit portfolio comprising 3 pre‑war, red‑brick multifamily buildings
  • Apartment mix includes studios through three‑bedroom residences
  • 100% rent‑stabilized occupancy with zero rent control

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Skin Care Clinic Parking Lot & Garage Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

4,026
Businesses Nearby

Demographics for 10128, NY

64,249
Population
35,940
Households
1.8
Avg Household Size
38
Median Age
77%
College-Educated
96%
High-School Grad
0.5 sq mi
ZIP Area
128,498
Density / Sq Mi
$148,705
Median Household Income
$103,078
Median Earnings
$2,648
Median Rent
$1,295,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Pre-war red-brick buildings contain studio through three-bedroom apartments in a fully occupied multifamily portfolio.
Where is this apartment building located?
The property is located at 99 E 96th St New York, NY.
What is the asking price?
The asking price for this property is $6,000,000.
What are key features of this property?
This property features: 83‑unit portfolio comprising 3 pre‑war, red‑brick multifamily buildings; Apartment mix includes studios through three‑bedroom residences; 100% rent‑stabilized occupancy with zero rent control
More about this property
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