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3225 Fulton Street, Brooklyn, NY 11208

$2,889,000
  • 3225 Fulton Street, Brooklyn, NY 11208 Main Photo

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Active
BEDS8 BATHS4 full MLS#935394
STATUSActive PROPERTY TYPEMulti Unit - Multiple

Property Description

3225 FULTON STREET, BROOKLYN, NY 11208PRIME MIXED-USE INVESTMENT PROPERTY | FULLY OCCUPIED | STRONG CASH FLOWPROPERTY OVERVIEWExceptional income-producing mixed-use building located along one of Brooklyn's most vibrant and active commercial corridors - Fulton Street.This property features (4) spacious two-bedroom apartments and (2) ground-floor retail stores, offering investors a well-balanced and diversified income stream in a thriving and rapidly appreciating neighborhood.INVESTMENT SUMMARYAsking Price: $3,250,000Current Monthly Rent Roll: $18,000Annual Gross Income: $216,000Current Cap Rate: Approx. 6.6%Pro Forma Cap Rate: 7.5% - 8.0% (based on achievable market rents)Occupancy: 100% (All residential and retail units fully leased)Configuration: 4 Residential Units + 2 Retail UnitsZoning: Mixed-Use (Residential + Commercial)PROPERTY HIGHLIGHTSTurnkey Income Producer: Fully leased and generating immediate returns.Free-Market Apartments: Strong rental demand with opportunity for future rent growth.Two Established Retail Tenants: Stable, long-term businesses providing consistent cash flow.Strong In-Place Income: $216,000 annual rent roll with low operating expenses.Upside Potential: Market rents indicate achievable pro forma income of $240,000+ annually.Solid Brick Construction: Well-maintained structure with dependable systems and minimal maintenance needs.Low Management Burden: Ideal for passive investors or 1031 exchange buyers.LOCATION ADVANTAGESituated along Fulton Street, one of Brooklyn's most historic and continuously developing retail arteries, this property benefits from exceptional visibility, heavy foot traffic, and easy transit access.Near A, C, J, and Z subway lines and multiple MTA bus routes.Surrounded by retail, dining, schools, and residential density driving strong tenant retention.Minutes from key neighborhood hubs, community developments, and new mixed-use projects that continue to elevate property values.High-demand rental area offering long-term appreciation and sustained occupancy.INVESTMENT OUTLOOKWith NYC's rental market at record highs and Brooklyn's mixed-use assets in constant demand, 3225 Fulton Street presents a rare opportunity to secure a performing, high-yield property in an established yet upward-trending corridor.This asset delivers:Immediate Cash Flow from day one.Strong Long-Term Growth Potential through rent appreciation.Diversified Stability across residential and retail income streams.Whether expanding your Brooklyn portfolio or seeking a secure 1031 exc

3225 Fulton Street | MLS# 935394

This multi-family property located at 3225 Fulton Street, Brooklyn, NY 11208 is currently listed for sale with an asking price of $2,889,000. Search Brooklyn real estate on lauralemanis.cbamhomes.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Unfinished
Basement: Yes
Cooling: Ductless
Heating: Baseboard, Electric, Natural Gas
Lot Size: 0.06 Acres
Taxes: $12,841
Year Built: 1915

Amenities

Natural Woodwork
Open Kitchen
Quartz/Quartzite Counters
Recessed Lighting
Smart Thermostat

Feature Descriptions

Building Area Total: 4992
Days on Site: 216
Exterior: Brownstone
On Market Date: 2025-11-17
Parcel Number: 04127-0059
Parking Features: None
Property Attached Y/N: 1
Rental Term: Monthly
Sewer: Public Sewer
Units: 6
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected
Water: Public

Estimate Your Payment

Estimated Payment

$ 16,521.06 per month $14,608.36 Principal & Interest $1,070.08 Property Tax $842.63 Homeowner's Insurance

Change Payment Information

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(Payments are an estimate and may vary by lender)

Listed By / Shown By

Listing By

Agency Name: HomeSmart Premier Living Rlty
Agency Contact: adelbin.realty@gmail.com

agent picture

Shown By

Agent Name: Laura Lemanis
Agent Phone: (631) 673-6800
Agency Title: Coldwell Banker American Homes

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