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217 E 96th St, Brooklyn, NY, 11212

10beds
4baths
5,000sqft
$1,500,000
$300price/sqft
$9,689/moest. monthly cost
$387,560/yrincome needed

About This Home

Fully Renovated Four-Family Investment Opportunity with Strong Income Potential FLOORPLANS + 3D VIRTUAL TOURS OF ALL UNITS AVAILABLE. An exceptional opportunity to acquire a meticulously renovated four-family brick building offering the perfect combination of immediate cash flow, low maintenance ownership, and long-term investment potential. Every apartment has been thoughtfully updated with modern finishes, allowing a new owner to enjoy a turnkey asset with minimal capital improvements required. The property consists of four beautifully renovated apartments, featuring a desirable unit mix of two spacious three-bedroom residences on the upper floors and two well-appointed two-bedroom residences on the lower floors. One of the two-bedroom apartments is currently vacant, providing the ideal opportunity for immediate owner occupancy or the ability to lease at current market rents. Each residence showcases a consistent, contemporary design with: Recently renovated modern kitchens featuring updated cabinetry, countertops, and fixtures Stylish renovated bathrooms with contemporary finishes Beautiful wood flooring throughout Energy-efficient mini-split heating and air conditioning systems in every apartment Bright, functional layouts designed for comfortable everyday living In addition to the residential units, the building offers a partially finished basement with a separate entrance, providing valuable bonus space with excellent flexibility for storage, recreation, workspace, or future possibilities (subject to local regulations and approvals). The property is further enhanced by an enclosed front yard, creating an attractive buffer from the street while adding curb appeal and a welcoming entrance for residents. Property Highlights Four-family brick building Two 3-bedroom, 1-bath apartments Two 2-bedroom, 1-bath apartments One vacant apartment available for immediate viewing All apartments recently renovated Modern kitchens and contemporary bathrooms Hardwood flooring throughout Mini-split heating and cooling systems in every unit Partially finished basement with separate entrance Enclosed front yard Turnkey investment with minimal deferred maintenance Whether you're an investor seeking a stable, income-producing asset or an owner-occupant looking to offset your housing costs with rental income, this beautifully updated multifamily property offers outstanding value, modern finishes throughout, and excellent long-term potential. Opportunities to purchase a fully renovated four-family building with a vacant unit ready for immediate occupancy are increasingly rare—this is one not to be missed.

Getting Around

90
WalkingVery Walkable
0
TransitVery Limited Transit
76
BikeVery Bikeable

Schools

4/10
Ps 219 Kennedy KingGrades PK-50.2 mi

Construction

Condition

  • Year built: 1931

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 10
  • Bathrooms: 4
  • Full bathrooms: 4

Interior Area

  • Total structure area: 5,000
  • Total interior livable area: 5,000 sqft

Property

Details

  • Parcel number: 046320063
  • Special condition: Resale

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveRelatively High
  • Cold Wave
    Cold WaveModerate
  • Earthquake
    EarthquakeModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Cold Wave
Earthquake
Strong Wind
Winter Weather
Tsunami

FEMA Declared Disasters in Kings County and New York

Flood
Severe Storm
Snowstorm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $7,584$91,008
Home Insurance *$579$6,948
Property Taxes $700$8,400
Electricity $826$9,915
Total$9,689$116,268
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$332,194/yr
40% on housing$290,670/yr
45% on housing$258,373/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 4.2%
4.2%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$300This listing

vs Other Active Listings

Avg $/sqft

ZIP 11212$456
Kings County$697

vs Homes Sold Last Month

Median $/sqft

ZIP 11212$542
Kings County$623

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-11Price change$1,495,000
2026-07-02Listed for sale$1,500,000

For Sale by Agent

AgentLevi Epstein
BrokerageBond New York

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