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Executive Summary
The property is sold as is, with full occupancy. All tenants have no leases, and the apartments are free market rents.
Excellent investment opportunity! This mixed-use property is ideally located on busy Fulton Street in the heart of East New York, Brooklyn — a thriving commercial and residential area with heavy foot and vehicle traffic. The building features one ground-floor retail store and two residential apartments above. The total building size is approximately 3,231 sq. ft., and the property is zoned R5 / C1-2, offering great flexibility and potential for future use or development. This property is surrounded by a wide variety of shops, restaurants, and public transportation, making it a prime location for both investors and business owners. Call for more details regarding income and expenses.
Excellent investment opportunity! This mixed-use property is ideally located on busy Fulton Street in the heart of East New York, Brooklyn — a thriving commercial and residential area with heavy foot and vehicle traffic. The building features one ground-floor retail store and two residential apartments above. The total building size is approximately 3,231 sq. ft., and the property is zoned R5 / C1-2, offering great flexibility and potential for future use or development. This property is surrounded by a wide variety of shops, restaurants, and public transportation, making it a prime location for both investors and business owners. Call for more details regarding income and expenses.
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$62,400
|
$19.31
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$62,400
|
$19.31
|
| Taxes |
$6,405
|
$1.98
|
| Operating Expenses |
$10,000
|
$3.10
|
| Total Expenses |
$16,405
|
$5.08
|
| Net Operating Income |
$45,995
|
$14.24
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $62,400 |
| Annual Per SF | $19.31 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $62,400 |
| Annual Per SF | $19.31 |
| Taxes | |
|---|---|
| Annual | $6,405 |
| Annual Per SF | $1.98 |
| Operating Expenses | |
|---|---|
| Annual | $10,000 |
| Annual Per SF | $3.10 |
| Total Expenses | |
|---|---|
| Annual | $16,405 |
| Annual Per SF | $5.08 |
| Net Operating Income | |
|---|---|
| Annual | $45,995 |
| Annual Per SF | $14.24 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
3,231 SF
Year Built
1920
Price
$999,999
Price Per SF
$309.50
Percent Leased
100%
Building Height
3 Stories
Zoning
R5, C1-2
Exceptionally walkable
100/100
Somewhat drivable
20/100
Exceptional public transit
90/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 04133-0056 | Total Assessment | $43,620 |
| Land Assessment | $10,860 | Annual Taxes | $6,405 ($1.98/SF) |
| Improvements Assessment | $32,760 | Tax Year | 2025 |
Property Taxes
Parcel Number
04133-0056
Land Assessment
$10,860
Improvements Assessment
$32,760
Total Assessment
$43,620
Annual Taxes
$6,405 ($1.98/SF)
Tax Year
2025
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3411 Fulton St
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