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3043 Fulton St
Brooklyn, NY 11208 Cypress Hills

$1,750,000 USD

Storefront Retail Residential For Sale  •  4,340 SF

Property Details

  • Property Type Storefront Retail Residential
  • Total Building Size 4,340 SF
  • Lot Size 0.03 AC
  • Building Class C
  • Year Built 1930
  • Cap Rate 7.05 %
  • Tenancy Multiple
  • Zoning R6AC2-4EC6
100 Transit Score
70 Walk Score

Highlights

3-story mixed-use building with 1st floor commercial space and two 3-bedroom apartments above
1st floor commercial space (~1,066 SF)
Two 3-bedroom / 1-bathroom apartments on the upper floors

Financial Summary (Actual)

Net Operating Income: $123,361 USD (2025)
Cap Rate: 7.05 %
Total Expenses: $23,980 USD

Major Tenants

Tenant SF Occupied Lease End Date
1st Floor Commercial 1,066 SF
2nd Floor Residential (3BR/1BA)
3rd Floor Residential (3BR/1BA) 4/30/2027

Public Transportation

Commuter RailDriveWalkDistance
East New York Station (Far Rockaway Branch - Long Island Rail Road, Long Beach Branch - Long Island Rail Road, West Hempstead Branch - Long Island Rail Road) 6 min - 2.3 mi
Kew Gardens Station (Babylon Branch - Long Island Rail Road, Hempstead Branch - Long Island Rail Road, Long Beach Branch - Long Island Rail Road, Port Jefferson Branch - Long Island Rail Road) 12 min - 4.3 mi
Transit/SubwayDriveWalkDistance
Cleveland Street (J,Z Lines) (J - New York MTA Subway (The Subway)) 2 min 4 min 0.2 mi
Norwood Avenue (J,Z Lines) (J - New York MTA Subway (The Subway), Z - New York MTA Subway (The Subway)) 1 min 4 min 0.2 mi
Crescent Street (J - New York MTA Subway (The Subway), Z - New York MTA Subway (The Subway)) 1 min 10 min 0.5 mi
Van Siclen Avenue (J,Z Line) (J - New York MTA Subway (The Subway), Z - New York MTA Subway (The Subway)) 3 min 10 min 0.5 mi
Shepherd Avenue (A - New York MTA Subway (The Subway), C - New York MTA Subway (The Subway)) 3 min 11 min 0.6 mi
AirportDriveWalkDistance
John F Kennedy International 15 min - 7.2 mi
LaGuardia 22 min - 8.9 mi
Newark Liberty International 41 min - 19.9 mi
Christopher Pesce 516-557-5686 Douglas Elliman
Christopher Pesce 516-557-5686 Douglas Elliman