This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

149 E 96th St

4 Unit Apartment Building $1,776,240 CAD ($444,060 CAD/Unit) 6.91% Cap Rate Brooklyn, NY 11212

Investment Highlights

  • Free market four-family building in the heart of the East Flatbush neighborhood of Brooklyn.
  • Three of the four units have been renovated.
  • The property is walking distance from Sutter Avenue-Rutland Road [2,3,4] Train Station.
  • Property consists of four residential units.
  • Building consists of 3,198 square feet.
  • The property is also located near Saratoga Avenue [2,3,4] Train Station.

Executive Summary

-Free market four-family building in the heart of the East Flatbush neighborhood of Brooklyn.
-Property consists of four residential units.
-Three of the four units have been renovated.
-Building consists of 3,198 square feet.
-The property is walking distance from Sutter Avenue-Rutland Road [2,3,4] Train Station.
-The property is also located near Saratoga Avenue [2,3,4] Train Station.

Financial Summary (Pro forma - 2023) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Pro forma - 2023) Click Here to Access

Gross Rental Income (CAD)
Annual -
Annual Per SF -
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $1,776,240 CAD
Price Per Unit $444,060 CAD
Sale Type Investment
Cap Rate 6.91%
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.06 AC
Building Size 3,198 SF
Average Occupancy 100%
No. Stories 2
Year Built 1930
Opportunity Zone Yes

Unit Amenities

  • Tub/Shower

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 1 $2,844 CAD -
3+1 3 $3,555 CAD -
Walk Score ®
Very Walkable (88)
Transit Score ®
Rider's Paradise (100)
Bike Score ®
Very Bikeable (79)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
04615-0050
Land Assessment
$19,839 CAD (2024)
Improvements Assessment
$229,105 CAD (2024)
Total Assessment
$248,944 CAD (2024)

zoning

Zoning Code R6, Brooklyn (C3) (R6 zoning districts are typically found in medium-density, C3 zoning districts are located along the waterfront and allow a limited number of low-de)
R6, Brooklyn (C3) (R6 zoning districts are typically found in medium-density, C3 zoning districts are located along the waterfront and allow a limited number of low-de)
  • Listing ID: 29829688

  • Date on Market: 2023-10-19

  • Last Updated:

  • Address: 149 E 96th St, Brooklyn, NY 11212

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}