3335 Fulton Street, Brooklyn, New York 11208

$1,080,000

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List Price
$1,080,000
Status
ACTIVE
Days on Market
3
MLS#
504326
Year Built
1920
Lot Size
1,940
MLS Area Major
Bedford Stuyvesant

Property Description

Excellent investment opportunity on the busy Fulton Street commercial corridor! This well-maintained mixed-use property features 2 residential units and 1 ground-floor storefront on a 20 × 97 lot with a 20 × 55 building. Approximately 6.7% cap rate with stable income and strong long-term investment potential. Prime location near public transportation with heavy pedestrian and vehicle traffic. A new approximately 460-unit development is nearing completion just minutes away. Recent improvements include new underground electric, gas, and sewer infrastructure completed approximately two years ago. Great opportunity for investors seeking strong cash flow, future upside, and a prime location.

Additional Information

Taxes
$6,400
Financing
1031 Exchange, Bank Mortgage, Cash
Zoning
R5
Flooring
Ceramic, Hardwood
Heating
Gas
Exterior Features
Other
Stories
3
Roof
Flat
Foundation
Poured Concrete

Mortgage Calculator

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Please consult a financial professional.
Calculator source: Real Geeks

Courtesy Of E House Realty & Mgt. Inc.