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Clinton Hill — 100% Free-Market Multifamily 1071-1079 Fulton St 30 Unit Apartment Building $18,500,000 ($616,667/Unit) 6.90% Cap Rate Brooklyn, NY 11238

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INVESTMENT HIGHLIGHTS

  • 110’ ft of frontage on Fulton Street
  • Within walking distance to the Franklin Avenue Station ( trains)
  • Prime location in Clinton Hill near Atlantic Avenue, steps away from Barclay’s Center
  • 100% Free-Market

EXECUTIVE SUMMARY

DETAILS & HIGHLIGHTS
Fully renovated turn-key 7-story elevator building consisting of 30 apartments and 1 commercial space (2,525 SF for the retail space)
All units equipped with washer & dryer, and dishwashers
Building amenities include: roof deck, bike room, package room, virtual doorman, common area
lounge & parking spots w/electric car charger.

PROPERTY FACTS

Price $18,500,000
Price Per Unit $616,667
Sale Type Investment
Cap Rate 6.90%
No. Units 30
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class B
Lot Size 1.00 AC
Building Size 27,309 SF
No. Stories 7
Year Built 2005
Parking Ratio 0.15/1,000 SF
Zoning R7A, C2-4 - Stores & Residential

AMENITIES

UNIT AMENITIES

  • Tub/Shower

SITE AMENITIES

  • Courtyard
  • Fenced Lot
  • Picnic Area
  • Playground
  • Basketball Court
  • Cabana
  • Car Wash Area
  • Putting Greens
  • Zen Garden

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 30 - -
Walk Score®
Walker's Paradise (98)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (88)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 36740083

  • Date on Market: 7/15/2025

  • Last Updated:

  • Address: 1071-1079 Fulton St, Brooklyn, NY 11238

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