HOUSE
Address: ‎1223 Fulton Street
Zip Code: 11216
4 fam
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$2,100,000
MLS # 960731
English
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$2,100,000 - 1223 Fulton Street, Brooklyn, NY 11216|MLS # 960731

MLS #‎ 960731
Details4 fam, AC, Lot Size: 0.05 acres, 7 Units in the building
(DOM): 2 days
Construction Year1910
Taxes
(per year)
$18,503
Fuel TypeGas
Heat typeElectric
Air
Conditioning
Wall Unit AC
BasementFull basement
Bus0 min: B25
1 min: B26, B44, B44+, B49
3 min: B48
5 min: B65
7 min: B52
9 min: B43
Subway2 min: A, C
3 min: S
LIRR0.3 miles: "Nostrand Avenue"
1.2 miles: "Atlantic Terminal"
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房屋英文概況 English Description

1223 Fulton Street, Brooklyn, NY 11216 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 (3) spacious two-bedroom apartments and (3) spacious one-bedroom apartments also (1) huge commercial retail space on ground-floor, offering investors a well balanced and diversified income stream in a thriving and rapidly appreciating neighborhood. INVESTMENT SUMMARY Asking Price $2,100.000 current Monthly Rent Roll: $16,372 Annual Gross Income: $196,464 Current Cap Rate: Approx. 10% (All residential and retail units fully leased)Configuration: 6 Residential Units + 1 Retail Units Zoning: Mixed-Use (Residential + Commercial) PROPERTY HIGHLIGHTS Turnkey Income Producer: Fully leased and generating immediate returns. : Strong rental demand with opportunity for future rent growth. One Established Retail Tenants: Stable, long-term businesses providing consistent cash flow. Strong In-Place Income: $196,464.000 annual rent roll with low operating expenses. Solid Brick Construction: Well-maintained structure with dependable systems and minimal maintenance needs. Low Management Burden: Ideal for passive investors or 1031 exchange buyers or Owner -users looking to add a solid income-producing asset in a growing neighborhood. 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, 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, 1223 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, established commercial tenants, and prime location within a dynamic retail corridor. 1223 Fulton Street stands as a testament to enduring value and urban opportunity — an investment built for today’s returns and tomorrow’s appreciation.

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Listing courtesy of Exit Realty Continental © 2026

Courtesy of Exit Realty Continental

公司: ‍718-255-1555




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$2,100,000
HOUSE
MLS # 960731
‎1223 Fulton Street
Brooklyn, NY 11216
4 fam


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