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Brooklyn, NY, 11208 • East New York • Kings County
$579/sqft
-$214,000 since Apr 13, 2026
8Beds
4Baths
4,992Sqft
0.06 acLot
1915Built
Character Home
Built 1915 · 111 years of history
Premium Finishes
Quartz/Quartzite Counters
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152 days on market
Established listing
$579/sqft
Price per square foot
Multi Family · Built 1915 · Historic
3225 FULTON STREET, BROOKLYN, NY 11208 PRIME MIXED-USE INVESTMENT PROPERTY | FULLY OCCUPIED | STRONG CASH FLOW PROPERTY OVERVIEW Exceptional income-producing mixed-use building located along one of Brooklyn’s most vibrant and active commercial corridors — Fulton Street. This property features (4) spacious two-bedroom apartments and (2) ground-floor retail stores, offering investors a well-balanced and diversified income stream in a thriving and rapidly appreciating neighborhood. INVESTMENT SUMMARY Asking Price: $3,250,000 Current Monthly Rent Roll: $18,000 Annual Gross Income: $216,000 Current Cap Rate: Approx. 6.6% Pro Forma Cap Rate: 7.5% – 8.0% (based on achievable market rents) Occupancy: 100% (All residential and retail units fully leased) Configuration: 4 Residential Units + 2 Retail Units Zoning: Mixed-Use (Residential + Commercial) PROPERTY 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. Strong In-Place Income: $216,000 annual rent roll with low operating expenses. Upside Potential: Market rents indicate achievable pro forma income of $240,000+ annually. Solid Brick Construction: Well-maintained structure with dependable systems and minimal maintenance needs. Low Management Burden: Ideal for passive investors or 1031 exchange buyers. LOCATION ADVANTAGE Situated along Fulton Street, one of Brooklyn’s most historic and continuously developing retail arteries, this property benefits from exceptional visibility, heavy foot traffic, and easy transit access. Near A, C, J, and Z subway lines and multiple MTA bus routes. Surrounded by retail, dining, schools, and residential density driving strong tenant retention. Minutes from key neighborhood hubs, community developments, and new mixed-use projects that continue to elevate property values. High-demand rental area offering long-term appreciation and sustained occupancy. INVESTMENT OUTLOOK With NYC’s rental market at record highs and Brooklyn’s mixed-use assets in constant demand, 3225 Fulton Street presents a rare opportunity to secure a performing, high-yield property in an established yet upward-trending corridor. This asset delivers: Immediate Cash Flow from day one. Strong Long-Term Growth Potential through rent appreciation. Diversified Stability across residential and retail income streams. Whether expanding your Brooklyn portfolio or seeking a secure 1031 exchange replacement property, this investment combines cash flow, stability, and location — the core fundamentals of any high-performing NYC asset. SUMMARY A true Brooklyn investment gem offering both income and upside — fully occupied, free-market residential units, established commercial tenants, and prime location within a dynamic retail corridor. 3225 Fulton Street stands as a testament to enduring value and urban opportunity — an investment built for today’s returns and tomorrow’s appreciation.
Based on current rates
Est. 6.87% rate · 30yr fixed · $2,311,200 loan
Full calculator →Key facts and listing details
6 categories of property features
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3 schools rated nearby
Brooklyn, NY, 11208
9 events
25 years of records
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Brooklyn, NY • Kings County
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Based on information submitted to the MLS GRID as of 2026-02-06 15:18:24 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#778)
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