$1,500,000
( $206.90Per Sq Foot )
 $8,052 est/mo Sourced by Back At You

3255 Fulton Street,Brooklyn, NY 11208

Brooklyn, NY 11208

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Description

Calling All Investors, Developers, & End-Users!!! 8.54 Cap 3 Unit 7,250 Sqft. Free Market Mixed-Use Building In Brooklyn For Sale!!! The Property Features Excellent Signage, Great Exposure, R6B/C2-4 Zoning, High Ceilings, 2 Apartments, Finished Basement, 3 Phase Power, Low Property Taxes, All New LED Lighting, A/C, +++!!! The Property Is Located In The Heart Of Cypress Hills Blocks From Rockaway Blvd. & Conduit Blvd.!!! The Property Is Situated Only 15 Minutes From JFK Airport!!! Neighbors Include Chase Bank, Capital One Bank, Citibank, USPS, CubeSmart Self Storage, BP Gas, Stop & Shop, AutoZone, CVS, Dunkin', Marshalls, Family Dollar, McDonald's, Wendy's, Burger King, Papa John's Pizza, KFC, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! Income: Storefront/Office (2,500 Sqft. + 2,500 Sqft. LL): $48,000 Ann. 5 Year Lease Expires 2031. Unit 2 (4 Br., 2 Bath Apt.): $49,200 Ann. 1 Year Lease Expires 2027. Unit 3 (3 Br., 2 Bath. Apt.): $48,000 Ann. (Available) Pro Forma Gross Income: $145,200 Ann. Expenses: Gas: $0 Ann. Electric: $0 Ann. Insurance: $6,500 Ann. Water & Sewer: $1,800 Ann. Taxes: $8,873.20 Ann. Total Expenses: $17,173.20 Ann.

Details

MLS #1043556
Listing TypeFor Sale
StyleMulti-Family
Sub-TypeResale
StatusActive
Year1920
Days On Site48
Listing Provided ByAll Island Estates Realty Corp | Richard Matt Shane

Features

SQ Feet7,250
BasementY
Story(s)3
Units3
Building(s)1
Acreage0.06

Interior

CoolingMulti Units
HeatingNatural Gas

Exterior

Construction MaterialsBrick, Frame

Parking

Parking FeaturesOther

Utilities

UtilitiesElectricity Connected, Sewer Connected
SewerPublic Sewer

Taxes

Tax Year2026
Tax Annual Amount8873
Tax Lot70

Area Information

StateNY
CountyKings (Brooklyn)
CityBrooklyn
Zip Code11208
Listing VS Median (in 11208)
Price:
$1,500,000
low | high
Med:
$899,000
90.066666666667% of Average
sqft:
7,250
low | high
Med:
1,554
100% of Average
$ / sqft:
$207
low | high
Med:
$579
100% of Average
On site:
48
low | high
Med:
163
29.447852760736% of Average
Sourced by Back At You

Market Activity 11208

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Learn More About This Property

StateNY
CountyKings (Brooklyn)
CityBrooklyn
Zip Code11208
Listing VS Median (in 11208)
Price:
$1,500,000
low | high
Med:
$899,000
90.066666666667% of Average
sqft:
7,250
low | high
Med:
1,554
100% of Average
$ / sqft:
$207
low | high
Med:
$579
100% of Average
On site:
48
low | high
Med:
163
29.447852760736% of Average
Sourced by Back At You
Listing Updated: September 28, 2026 at 9:24:14 PM PDT