$1,500,000

3255 Fulton Street, Brooklyn, NY 11208

  • 7,250 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1920
  • Property Lot Size Icon2,614sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $207/sqft
  • Property List Date Icon Listed 13 days ago

Property Description

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, 3 Phase Power, Low Property Taxes, All New LED Lighting, A/C, +++!!! The Property Is Located In The Heart Of Cypress Hills Blocks From Rockaway Blvd. & Conduit Blvd.!!! The Property Is Situated Only 15 Minutes From JFK Airport!!! Neighbors Include Chase Bank, Capital One Bank, Citibank, USPS, CubeSmart Self Storage, BP Gas, Stop & Shop, AutoZone, CVS, Dunkin’, Marshalls, Family Dollar, McDonald’s, Wendy’s, Burger King, Papa John’s Pizza, KFC, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! Income: Storefront/Office (2,500 Sqft. + 2,500 Sqft. LL): $48,000 Ann. 5 Year Lease Expires 2031. Unit 2 (4 Br., 2 Bath Apt.): $49,200 Ann. 1 Year Lease Expires 2027. Unit 3 (3 Br., 2 Bath. Apt.): $48,000 Ann. (Available) Pro Forma Gross Income: $145,200 Ann. Expenses: Gas: $0 Ann. Electric: $0 Ann. Insurance: $6,500 Ann. Water & Sewer: $1,800 Ann. Taxes: $8,873.20 Ann. Total Expenses: $17,173.20 Ann.

Listing Status:
Active
Data Last Updated:
October 8, 2026 at 7:20AM
Listing Office:
All Island Estates Realty Corp : 516-783-5600
MLS ID:
1043556
  • Basement: Full
  • A/C: Multi Units
  • Heating: Natural Gas
  • Parking: Other
  • Originating MLS: onekey2
  • School District: Brooklyn 19
  • County: Kings (Brooklyn)
  • Zoning: 04128-0070
  • Utilities: Electricity ConnectedSewer Connected
  • Water: Public
  • Sewer: Public Sewer
  • Source: onekey2

This listing courtesy of All Island Estates Realty Corp

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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