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3225 Fulton St
Brooklyn, NY 11208 Cypress Hills

$3,250,000 USD

Apartments For Sale  •  4,992 SF

Property Details

  • Property Type Apartments
  • Total Building Size 4,992 SF
  • Lot Size 0.06 AC
  • Building Class C
  • Year Built 1915
  • Cap Rate 6.60 %
  • Zoning R5, Brooklyn, (C2)
87 Transit Score
81 Walk Score

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.
Solid Brick Construction: Well-maintained structure with dependable systems and minimal maintenance needs.
Low Management Burden: Ideal for passive investors or 1031 exchange buyers.

Property Flyers

Financial Summary (Actual)

Net Operating Income: $193,359 USD (2024)
Cap Rate: 6.60 %
Total Expenses: $22,641 USD

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 - 2.4 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) 9 min - 3.7 mi
Transit/SubwayDriveWalkDistance
Crescent Street (J - New York MTA Subway (The Subway), Z - New York MTA Subway (The Subway)) 0 min 3 min 0.1 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
Cleveland Street (J,Z Lines) (J - New York MTA Subway (The Subway)) 3 min 11 min 0.5 mi
Cypress Hills (J - New York MTA Subway (The Subway)) 2 min 13 min 0.7 mi
Euclid Avenue (A - New York MTA Subway (The Subway), C - New York MTA Subway (The Subway)) 3 min 14 min 0.7 mi
AirportDriveWalkDistance
John F Kennedy International 14 min - 7.1 mi
LaGuardia 20 min - 10.2 mi
Newark Liberty International 39 min - 20.2 mi
Adelbin Imani 917-348-8919 HomeSmart Premier Living Realty
Adelbin Imani 917-348-8919 HomeSmart Premier Living Realty