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3255 Fulton St
Brooklyn, NY 11208 Cypress Hills

$1,500,000 USD

Apartments For Sale  •  4,750 SF

Property Details

  • Property Type Apartments
  • Total Building Size 4,750 SF
  • Lot Size 0.06 AC
  • Building Class C
  • Year Built 1920
  • Cap Rate 8.54 %
  • Zoning R6B / C2-4
100 Transit Score
70 Walk Score

Highlights

Calling All Investors, Developers, & End-Users!!! 8.54 Cap 3 Unit 7,250 Sqft. Free Market Mixed-Use Building In Brooklyn For Sale!!!
The Property Features Excellent Signage, Great Exposure, R6B/C2-4 Zoning, High Ceilings, 2 Apartments, Finished Basement, Low Property Taxes, A/C, ++!
The Property Is Located In The Heart Of Cypress Hills Only A Few Blocks From Rockaway Blvd. & Conduit Blvd.!!!
Neighbors Include Chase Bank, Capital One Bank, Citibank, USPS, CubeSmart Self Storage, Safeguard Self Storage, BP Gas, Stop & Shop, AutoZone, +++!!!
This Property Offers HUGE Upside Potential!!!
This Could Be Your Next Development Site Or The Next Home For Your Business!!!

Financial Summary (Proforma)

Net Operating Income: $128,027 USD (2026)
Cap Rate: 8.54 %
Total Expenses: $17,173 USD

Public Transportation

Commuter RailDriveWalkDistance
East New York (Babylon Branch - Long Island Rail Road, Far Rockaway Branch - Long Island Rail Road, Long Beach Branch - Long Island Rail Road, Port Jefferson Branch - Long Island Rail Road, West Hempstead Branch - Long Island Rail Road) 5 min - 2.5 mi
Kew Gardens (Babylon Branch - Long Island Rail Road, Far Rockaway Branch - Long Island Rail Road, Long Beach Branch - Long Island Rail Road, Ronkonkoma Branch - Long Island Rail Road, West Hempstead Branch - Long Island Rail Road) 8 min - 3.8 mi
Transit/SubwayDriveWalkDistance
Crescent Street (J - New York MTA Subway (The Subway), Z - New York MTA Subway (The Subway)) 0 min 1 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 4 min 0.2 mi
Cleveland Street (J,Z Lines) (J - New York MTA Subway (The Subway)) 2 min 11 min 0.6 mi
Cypress Hills (J - New York MTA Subway (The Subway)) 2 min 11 min 0.6 mi
Euclid Avenue (A - New York MTA Subway (The Subway), C - New York MTA Subway (The Subway)) 2 min 12 min 0.7 mi
AirportDriveWalkDistance
John F Kennedy International 13 min - 7.3 mi
LaGuardia 18 min - 10.2 mi
Newark Liberty International 39 min - 20.3 mi
Matthew Shane 516-279-8828 All Island Commercial
Matthew Shane 516-279-8828 All Island Commercial