105 E 96th St | Brooklyn, NY 11212
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105 E 96th St
Brooklyn, NY 11212
Multifamily Property For Sale · 30 Units
Investment Highlights
- Heavy Foot Traffic
Executive Summary
Discover a prime investment opportunity in the heart of Brooklyn with this exceptional 30-unit apartment building. Situated in a vibrant and highly sought-after neighborhood, this property offers a blend of rent-stabilized and Senior Citizen Rent Increase Exemption (SCRIE) apartments, ensuring steady income and a diverse tenant base.
Key Features
30 Residential Units: A mix of rent-stabilized and SCRIE apartments, providing a stable and reliable income stream.
High Occupancy Rate: The building maintains a high occupancy rate due to its desirable location and well-maintained units.
Diverse Tenant Base: The inclusion of SCRIE apartments supports a diverse community and ensures consistent rent payments.
Property Details
Location: Nestled in a prime Brooklyn neighborhood, this building is close to public transportation, schools, parks, shopping, and dining options.
Building Size: 26,400sqft of spacious and well-constructed, offering ample living space for tenants.
Condition: Well-maintained with recent upgrades to common areas, plumbing, and electrical systems.
Income Potential: Strong rental income with potential for future rent increases, subject to rent stabilization regulations.
Investment Opportunity: Ideal for investors seeking a stable, long-term asset in one of Brooklyn’s most desirable areas.
Additional Amenities
Secure Entry: Enhanced security features for tenant safety and peace of mind.
Outdoor Space: Access to a shared outdoor area for relaxation and recreation.
Financials
Annual Income: Detailed financials available upon request, highlighting strong rental income and low vacancy rates.
Expenses: Comprehensive breakdown of operational expenses and maintenance costs available.
Contact Information
Don’t miss out on this exceptional investment opportunity in Brooklyn. For more information or to schedule a viewing, please contact: 516-205-3116
Key Features
30 Residential Units: A mix of rent-stabilized and SCRIE apartments, providing a stable and reliable income stream.
High Occupancy Rate: The building maintains a high occupancy rate due to its desirable location and well-maintained units.
Diverse Tenant Base: The inclusion of SCRIE apartments supports a diverse community and ensures consistent rent payments.
Property Details
Location: Nestled in a prime Brooklyn neighborhood, this building is close to public transportation, schools, parks, shopping, and dining options.
Building Size: 26,400sqft of spacious and well-constructed, offering ample living space for tenants.
Condition: Well-maintained with recent upgrades to common areas, plumbing, and electrical systems.
Income Potential: Strong rental income with potential for future rent increases, subject to rent stabilization regulations.
Investment Opportunity: Ideal for investors seeking a stable, long-term asset in one of Brooklyn’s most desirable areas.
Additional Amenities
Secure Entry: Enhanced security features for tenant safety and peace of mind.
Outdoor Space: Access to a shared outdoor area for relaxation and recreation.
Financials
Annual Income: Detailed financials available upon request, highlighting strong rental income and low vacancy rates.
Expenses: Comprehensive breakdown of operational expenses and maintenance costs available.
Contact Information
Don’t miss out on this exceptional investment opportunity in Brooklyn. For more information or to schedule a viewing, please contact: 516-205-3116
PROPERTY FACTS
Unit Amenities
- Heating
- Kitchen
- Oven
- Range
Site Amenities
- Security System
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 3 | - | - |
| 1+1 | 23 | - | - |
| 2+1 | 3 | - | - |
| 3+1 | 1 | - | - |
PROPERTY TAXES
| Parcel Number | 04615-0069 | Improvements Assessment | $585,900 |
| Land Assessment | $219,600 | Total Assessment | $805,500 |
PROPERTY TAXES
Parcel Number
04615-0069
Land Assessment
$219,600
Improvements Assessment
$585,900
Total Assessment
$805,500
zoning
| Zoning Code | R6 (30-unit commercial building in R6 zoning, Brooklyn: Mid-rise structure with residential units above.) |
| R6 (30-unit commercial building in R6 zoning, Brooklyn: Mid-rise structure with residential units above.) |
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