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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.

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

Key Food
Chase Bank
Capital One
Pioneer Supermarkets
SuperFresh
Western Beef
Compare Foods
CTown
Flagstar
Bravo Supermarkets

Property Taxes

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
  • Listing ID: 38342487

  • Date on Market: 11/5/2025

  • Last Updated:

  • Address: 3411 Fulton St, Brooklyn, NY 11208

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