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3225 Fulton StreetBrooklyn, NY 11208

For Sale

$3,250,000

Smart Buyer Rebate $40,625

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

Listed by Adelbin Imani

·

HomeSmart Premier Living Rlty

·

adelbin.realty@gmail.com

Last updated November 18, 2025

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Source: OneKey #935394

Listing Facts

  • TypeMulti-family
  • NeighborhoodCypress Hills
  • Bedrooms8
  • Bathrooms4
  • Days on Prevu23
  • Taxes$12,841.32/year

Location

Mortgage Calculator

Listing History

11/17/2025
Status changed to Active
$3,250,000
11/17/2025
Price Increased
$3,250,000
11/17/2025
Price Decreased
$1,325,000
11/17/2025
Listed by HomeSmart Premier Living Rlty
$3,250,000

Estimated Closing Costs

Total
$122,925
Attorney Fees
$4,000
NYC Mansion Tax
$48,750
Title Insurance
$14,625
Bank Attorney
$1,500
Mortgage Recording Tax
$50,050
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $3,250,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.

Property Details for 3225 Fulton Street

Exterior

Construction

  • Number Of Units Total: 6
  • Property Attached: Yes
  • Year Built: 1915
  • Construction Materials: Brownstone

Measurements

  • Building Area Total: 4,992
  • Building Area Units: Square Feet
  • Lot Size Acres: 0.06
  • Lot Size Square Feet: 2,789

Financial

Taxes

  • Parcel Number: 04127-0059
  • Tax Annual Amount: $12,841.32
  • Tax Assessed Value: $266,400.00
  • Tax Year: 2024

Interior

Features

  • Interior Features: Natural Woodwork, Open Kitchen, Quartz/Quartzite Counters, Recessed Lighting, Smart Thermostat

Rooms

  • Basement: Unfinished
  • Has Basement: Yes
  • Bathrooms Full: 4
  • Bathrooms Total Integer: 4
  • Bedrooms Total: 8

Utilities

Equipment

  • Cooling: Ductless
  • Heating: Baseboard, Electric, Natural Gas
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this multi-family home have?

There are 8 bedrooms and 4 bathrooms in this multi-family home at 3225 Fulton Street.

What are the annual taxes for 3225 Fulton Street?

Annual taxes for this multi-family home are estimated at $12,841.

How does 3225 Fulton Street compare to other multi-family homes in Cypress Hills?

This multi-family home is listed 209% above the average price for multi-family homes in Cypress Hills and has been on the market for 101 less days than the typical home in this area.

3225 Fulton Street is a 8-bedroom, 4-bath multi-family home for sale in Brooklyn NY 11208. Listed on Prevu for 23 days at $3,250,000. This includes a recent price increase of $1,925,000. This home is located in Cypress Hills. The median listing price for multi-family homes in this area is $899,900. View other multi-family home listings in New York.

The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey™ MLS. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. Information Copyright 2025, OneKey™ MLS. All Rights Reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.