The Nest

NestApple's Real Estate Blog

Featuring real estate articles and information to help real estate buyers and sellers. The Nest features writings from Georges Benoliel and other real estate professionals. Georges is the Co-Founder of NestApple and has been working as an active real estate investor for over a decade.

217 East 96th Street, Unit Multi

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Fully Renovated Four- Investment Opportunity with Strong Potential

An exceptional opportunity to acquire a meticulously renovated four- 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- 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, -producing asset or an owner-occupant looking to offset your housing costs with rental , this beautifully updated multifamily property offers outstanding value, modern finishes throughout, and excellent long-term potential. Opportunities to purchase a fully renovated four- building with a vacant unit ready for immediate occupancy are increasingly rarethis is one not to be missed.

BOND New York Properties is a licensed real estate broker that proudly supports equal housing opportunity.



Written By: Georges Benoliel

Georges has been working in Wall Street for the last 16 years trading derivatives with hedge funds. He has been an active real estate investor for over a decade. Georges graduated from HEC Business School in Paris and holds a master in Finance from ESADE Barcelona.

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