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944 Fulton St
Brooklyn, NY 11238
Multifamily Property For Sale
·
9 Units
Investment Highlights
- 100% Fair Market Units
- Walking distance from over 10 subway lines including (B, D, F, M, R, G, A, C, 2, 3, 4, 5)
- 3,500 SF of air rights available
- Tenant pays additional rent of $15,240 annually to payback landlord for providing capital to renovate space
- High foot and vehicular traffic
Property Facts
| No. Units | 9 | Lot Size | 0.05 AC |
| Property Type | Multifamily | Building Size | 5,500 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Mid-Rise | No. Stories | 4 |
| Building Class | C | Year Built/Renovated | 1930/2007 |
| Zoning | R7A,C2-4 - R7A with C2-4 overlay allows mixed-use development with residential and commercial uses, supporting medium-density housing and ground-floor retail. | ||
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.05 AC |
| Building Size | 5,500 SF |
| Average Occupancy | 100% |
| No. Stories | 4 |
| Year Built/Renovated | 1930/2007 |
| Zoning | R7A,C2-4 - R7A with C2-4 overlay allows mixed-use development with residential and commercial uses, supporting medium-density housing and ground-floor retail. |
Amenities
Unit Amenities
- Heating
- Kitchen
- Oven
- Range
- Wheelchair Accessible (Rooms)
About 944 FULTON ST , BROOKLYN, NY 11238
944 Fulton Street is a 4-Story mixed use building located in one of Brooklyn's most historical neighborhoods, Clinton Hill. The approx. 4,400 SF building has a retail tenant on the ground floor and 3 residential apartments above. The retail tenant will occupy the ground floor till April 2032 and is paying $152,740 in annual rent. The apartment units feature 3 bedrooms and 2 bathrooms with the second floor unit being unique with it's own private terrace. Please click on the offering memorandum for more information.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+1 | 9 | - | 1,100 |
Property Taxes
| Parcel Number | 02014-0016 | Improvements Assessment | $1,084,500 |
| Land Assessment | $45,000 | Total Assessment | $1,129,500 |
Property Taxes
Parcel Number
02014-0016
Land Assessment
$45,000
Improvements Assessment
$1,084,500
Total Assessment
$1,129,500
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