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3225 Fulton St
Brooklyn, NY 11208 Cypress Hills

$2,889,000 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 7.42 %
Zoning R5, Brooklyn, (C2)

87 Transit Score

80 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.
                            
                                Heavy pedestrian activity and strong retail presence.

Property Flyers

3225_Fulton_St

Financial Summary (Actual)

Net Operating Income: $193,359 USD (2024)

Cap Rate:	7.42 %
Total Expenses:	$22,641 USD

Public Transportation

Commuter Rail	Drive	Walk	Distance
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)	5 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)	10 min	-	4.0 mi
Transit/Subway	Drive	Walk	Distance
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))	0 min	3 min	0.2 mi
Cleveland Street (J,Z Lines) (J - New York MTA Subway (The Subway))	2 min	10 min	0.6 mi
Cypress Hills (J - New York MTA Subway (The Subway))	2 min	12 min	0.7 mi
Euclid Avenue (A - New York MTA Subway (The Subway), C - New York MTA Subway (The Subway))	2 min	13 min	0.7 mi
Airport	Drive	Walk	Distance
John F Kennedy International	14 min	-	7.0 mi
LaGuardia	21 min	-	10.3 mi
Newark Liberty International	39 min	-	20.2 mi

Adelbin Imani 917-348-8919 HomeSmart Premier Living Realty

3225 Fulton St Brooklyn, NY 11208 Cypress Hills