www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
28354340
28354356

96 & 98 Baltic Street, Brooklyn, NY 11201

RS
NY NY10491213394
Capline Consolidated
Listed by Capline Consolidated
$2,495,000
228 days on market
Updated 82 days ago

96 & 98 Baltic Street Brooklyn, NY 11201

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 12,000
Units 16
Occupancy 100%
Price per SqFt $208
Broker Co-Op Yes
Year Built 1900
Buildings 2
Stories 4
Lot Size (SqFt) 5,242
Zoning R6B

Multifamily | 16 Units | $155,937/unit

Marketing description

This is a rare opportunity to acquire a contiguous two-building portfolio comprising 16 residential units in the desirable Columbia Waterfront District of Brooklyn. The portfolio consists of two adjacent four-story, eight-unit walk-up buildings, offering stable current income with significant future upside. The units are a mix of free market, rent stabilized, and rent controlled apartments. This tenancy structure provides investors with an immediate cash flow and the potential for substantial rental growth through capital improvements and natural unit turnover in the free market sector. A major growth catalyst for this investment is the large-scale redevelopment of the Brooklyn Marine Terminal happening just across the street. This significant project is expected to bring substantial commercial activity and further enhance the long-term value and desirability of the immediate neighborhood.

Residents benefit from excellent transportation access (F and G trains nearby) and proximity to Brooklyn Bridge Park and the thriving retail and dining options along Atlantic Avenue and Court Street. This is an excellent acquisition for an investor seeking a substantial asset with strong value-add potential poised for continued appreciation.

Investment highlights

  • Strategic Location: Located directly across from the Brooklyn Marine Terminal, which is slated for a multi-billion-dollar, 122-acre redevelopment.

  • Irreplaceable Scale: Acquiring 16 units across two contiguous four-story buildings in a low-density, high demand neighborhood.

  • Acquisition Strategy: This offering targets investors seeking to leverage a below-market PPU entry point to secure a significant footprint.

  • Neighborhood: High quality of life supported by proximity to world-class amenities, including Brooklyn Bridge Park, Piers 5 & 6.

  • Transportation & Access: Excellent connectivity for tenants with easy access to the F and G subway lines.

Listing Contacts

RS
NY NY10491213394
Capline Consolidated
Listed by Capline Consolidated

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Zoning

Intelligence Badge
R6B ResidentialMulti FamilyGeneral Residence
View municipality zoning documents
Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 99 uses
View all 99 uses
Last updated Jun 22, 2026 For deeper zoning details, reports are available at Zoneomics

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Robert Shiryak
License
NY10491213394
Brokerage
Capline Consolidated
Brokerage Phone
(347)-908-7623
Title
Real Estate Broker
Brokerage Address
1 Dock 72 Way
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591