3225 Fulton Street, Brooklyn, NY 11208

$2,889,000
8
BD
4
BA

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List Price
$2,889,000
Price Change
▼ $361,000 1770028501
MLS#
935394
Status
ACTIVE
Bedrooms
8
Bathrooms
4
Lot Size
2789

Property Description

3225 FULTON STREET, BROOKLYN, NY 11208 PRIME MIXED-USE INVESTMENT PROPERTY | FULLY OCCUPIED | STRONG CASH FLOW PROPERTY OVERVIEW Exceptional 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 SUMMARY Asking Price: $3,250,000 Current Monthly Rent Roll: $18,000 Annual Gross Income: $216,000 Current 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 Units Zoning: Mixed-Use (Residential + Commercial) PROPERTY HIGHLIGHTS Turnkey 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 ADVANTAGE Situated 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 OUTLOOK With 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 exchange replacement property, this investment combines cash flow, stability, and location — the core fundamentals of any high-performing NYC asset. SUMMARY A true Brooklyn investment gem offering both income and upside — fully occupied, free-market residential units, established commercial tenants, and prime location within a dynamic retail corridor. 3225 Fulton Street stands as a testament to enduring value and urban opportunity — an investment built for today’s returns and tomorrow’s appreciation.

Additional Information

Year Built
1915
Taxes Total
12841
Heating
Baseboard, Electric, Natural Gas
Parking
None
Basement
Unfinished
Water
Public
Sewer
Public Sewer
Taxes
$12,841

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Listing courtesy of Listing Agent: Adelbin Imani (adelbin.realty@gmail.com) from Listing Office: HomeSmart Premier Living Rlty.

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.