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1922-1926 Fulton St 3 Multifamily Properties Offered at $3,900,000 in Brooklyn, NY

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Investment Highlights

  • Three adjacent mixed-use assets delivering operational consistency, matching layouts, and streamlined management benefits.
  • Renovated residential units offering broad renter appeal and immediate revenue alignment across the portfolio.
  • Portfolio-level development potential with more than twelve thousand square feet of unused air rights across the three parcels.
  • Retail tenancy anchored by three everyday-needs operators that attract continual neighborhood traffic and provide stable commercial occupancy.
  • Strong transit-oriented positioning directly across from the C train, supporting both residential and commercial demand.
  • Remaining tax benefits and synchronized rent-stabilized structures that create predictable, long-term cash flow performance.

Executive Summary

The Fulton Street Portfolio presents a rare opportunity to acquire three contiguous mixed-use buildings along one of Brooklyn’s most active and transit-connected commercial corridors. Positioned between Buffalo and Ralph Avenues, the properties benefit from constant pedestrian activity, strong neighborhood retail synergy, and immediate access to the C train at Ralph Avenue. This high-visibility location naturally supports both tenant retention and the ongoing demand for local retail and quality residential housing.
Each of the three buildings features a ground-floor commercial tenant paired with renovated residential units above, offering investors a balanced income structure and consistent operational simplicity. The retail spaces are occupied by a convenience store at 1922, a beauty salon at 1924, and a nail salon at 1926, each serving neighborhood needs and contributing to reliable occupancy. Above the retail level, all buildings include a three-bedroom renovated apartment on the second floor and a pair of upgraded units on the third floor. Uniform finishes, individually metered utilities, and tenant-paid heat and hot water enhance cost efficiency across the entire portfolio.
The alignment in building design, tenancy, and renovation standards creates a streamlined platform for management, leasing, and long-term repositioning. With all units on flexible month-to-month arrangements and retail leases staggered yet stable, an investor has full control to unlock near-term rental growth. Additionally, each property carries more than four thousand square feet of unused air rights, offering substantial future development optionality whether pursued individually or through a combined redevelopment vision.
With synchronized tax abatements, predictable cash flow, and a location defined by strong transit access and neighborhood vitality, the Fulton Street Portfolio represents a strategically assembled, scalable offering in a consistently strong Brooklyn submarket.

Property Facts

Price $3,900,000
Price / SF $370.37 / SF
Cap Rate 7.05%
Sale Type Investment
Status Active
Number of Properties 3
Individually For Sale 0
Total Building Size 10,530 SF
Total Land Area 0.13 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
1926 Fulton St, Brooklyn, NY 11233 Multifamily 3,510 SF 2005 -
1924 Fulton St, Brooklyn, NY 11233 Multifamily 3,510 SF 2005 -
1922 Fulton St, Brooklyn, NY 11233 Multifamily 3,510 SF 2005 -
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  • Listing ID: 39223507

  • Date on Market: 1/27/2026

  • Last Updated:

  • Address: 1922-1926 Fulton St, Brooklyn, NY

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