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3225 Fulton St 4 Unit Apartment Building $3,250,000 ($812,500/Unit) 6.60% Cap Rate Brooklyn, NY 11208

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INVESTMENT HIGHLIGHTS

  • Turnkey Income Producer: Fully leased and generating immediate returns.
  • Two Established Retail Tenants: Stable, long-term businesses providing consistent cash flow.
  • Low Management Burden: Ideal for passive investors or 1031 exchange buyers.
  • Free-Market Apartments: Strong rental demand with opportunity for future rent growth.
  • Solid Brick Construction: Well-maintained structure with dependable systems and minimal maintenance needs.

EXECUTIVE SUMMARY

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)
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.

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.

ATTACHMENTS

3225_Fulton_St

FINANCIAL SUMMARY (ACTUAL - 2024)

ANNUAL ANNUAL PER SF
Gross Rental Income $216,000 $43.27
Other Income - -
Vacancy Loss - -
Effective Gross Income $216,000 $43.27
Taxes $12,841 $2.57
Operating Expenses $9,800 $1.96
Total Expenses $22,641 $4.54
Net Operating Income $193,359 $38.73

FINANCIAL SUMMARY (ACTUAL - 2024)

Gross Rental Income
Annual $216,000
Annual Per SF $43.27
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $216,000
Annual Per SF $43.27
Taxes
Annual $12,841
Annual Per SF $2.57
Operating Expenses
Annual $9,800
Annual Per SF $1.96
Total Expenses
Annual $22,641
Annual Per SF $4.54
Net Operating Income
Annual $193,359
Annual Per SF $38.73

PROPERTY FACTS

Price $3,250,000
Price Per Unit $812,500
Sale Type Investment
Cap Rate 6.60%
Sale Condition 1031 Exchange
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.06 AC
Building Size 4,992 SF
Average Occupancy 100%
No. Stories 3
Year Built 1915
Zoning R5, Brooklyn, (C2) - R5 Zoning in NYC is a low density contextual residential zoning district

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 4 - -
Walk Score®
Very Walkable (81)
Transit Score®
Excellent Transit (87)
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.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
04127-0059
Land Assessment
$100,350 (2025)
Improvements Assessment
$166,050 (2025)
Total Assessment
$266,400 (2025)
Annual Taxes
$12,841 ($2.57/SF)
Tax Year
2024
  • Listing ID: 38491740

  • Date on Market: 11/18/2025

  • Last Updated:

  • Address: 3225 Fulton St, Brooklyn, NY 11208

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