Asking Price
Area Size
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price
Area Size
NOI Net Operating Income N/A
Cap Rate N/A

Documents

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Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Key facts

Tenure Type Freehold
Building Area Gross
Land Area Gross ()
Number of units 58
Occupancy 100.0 %

Property description

JLL has been retained as an exclusive agent for the sale of 125 96th Street, a premier ~43,000 square foot multifamily apartment building in Bay Ridge, Brooklyn. This 116- foot wide property is comprised of 58 residential units, all of which are rent stabilized. Spanning over 6 stories, this property includes storage units and a parking garage. Investors are immediately presented with over $1,200,000 of revenue. Residents of the Property can work in Manhattan, Brooklyn, and Staten Island with immediate access to area transit. Just two blocks from the 95th Street R subway, the Property has connections with all south Brooklyn and offers an easy commute to lower Manhattan. Also, on Shore Road the B16, X27, and X37 offer commuting options with both Brooklyn and directly to Midtown Manhattan. The S79SBS bus shuttles directly to Staten Island, and further north on Bay Ridge Avenue, the Bay Ridge/ South Brooklyn Ferry is a direct route to Sunset Park, Atlantic Avenue, DUMBO, and Wall Street in the Financial District.

Investment highlights

Modern Amenities

Nearby Parks and Waterfront

Immediate Access to Public Transport

125' of Street Frontage, Prominent Facade

Dynamic Unit MIx

  • Nineteen Studios
  • Thirty-Two 1 Bedrooms
  • Six 2 Bedrooms
  • One 3 Bedroom


Last Updated Date: 15 Nov 2021

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Last Updated Date: 15 Nov 2021

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