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Listing Courtesy of Keller Williams Realty Empire
$ 6,225,000
Est. payment /mo
New
448-455 E 94th Street Brooklyn, NY 11212
73,892 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 73,892 sqft
Price per Sqft $84
Subdivision East Flatbush
MLS Listing ID RLS20060941
Style Prewar,Walk-Up
HOA Y/N No
Year Built 1971
Annual Tax Amount $256,001
Property Sub-Type Multi Family
Property Description
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Three property portfolio, 99 East 96th Street, 455 East 94th Street & 448 East 94th Street, Brooklyn, NY This offering comprises three pre-war multifamily buildings in East Flatbush, Brooklyn, totaling 83 fully occupied, rent-stabilized units with no rent control, ranging from studios to 3-bedroom apartments. The portfolio features well-maintained walk-up construction, efficient layouts, and strong, stable rental demand. Together, the properties deliver a portfolio CAP rate over 8%, supported by steady cash flow. All buildings are conveniently located near major retail corridors, multiple bus lines, and the 2/3/4/5 subway lines at Utica Avenue. A rare opportunity to acquire a high-performing, stabilized multifamily package in a strong Brooklyn rental market. DHCRs available upon request. Buyer is responsible for due diligence. Buildings may also be purchased individually.
Three property portfolio, 99 East 96th Street, 455 East 94th Street & 448 East 94th Street, Brooklyn, NY This offering comprises three pre-war multifamily buildings in East Flatbush, Brooklyn, totaling 83 fully occupied, rent-stabilized units with no rent control, ranging from studios to 3-bedroom apartments. The portfolio features well-maintained walk-up construction, efficient layouts, and strong, stable rental demand. Together, the properties deliver a portfolio CAP rate over 8%, supported by steady cash flow. All buildings are conveniently located near major retail corridors, multiple bus lines, and the 2/3/4/5 subway lines at Utica Avenue. A rare opportunity to acquire a high-performing, stabilized multifamily package in a strong Brooklyn rental market. DHCRs available upon request. Buyer is responsible for due diligence. Buildings may also be purchased individually.
Location
State NY
County Kings
Interior
Equipment Intercom
Fireplace No
Laundry See Remarks
Exterior
Exterior Feature Private Outdoor Space Under 60 Sqft
Porch Patio
Private Pool No
Building
Dwelling Type Multi Family
Story 4
New Construction No
Others
Pets Allowed Pets Allowed
Ownership None
Monthly Total Fees $21, 333
Pets Allowed Building Yes, Yes
RLS Data display by Elegran Real Estate
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