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30870937
30870947

3235 Fulton Street, New York, NY 11208

NY SUPERIOR REALTY
Listed by NY SUPERIOR REALTY
$988,000
88 days on market
Updated 78 days ago

3235 Fulton Street

Details
APN 04127-0056
Property Type Mixed Use
Units 6
Cap Rate 6.00%
NOI $56,295
Year Built 1915
Buildings 1
Acreage 0.066
Zoning R6B/R4

Mixed Use | 6.00% CAP

Marketing description

Excellent opportunity for investors seeking a long-term stabilized asset to acquire a 6 family brick walk-up building in Brooklyn conveniently located 2 blocks from the J and Z subway line, B13 and Q24 bus lines and surrounded by neighborhood businesses, shops, and restaurants. The property consists of 6 rent-stabilized 2-bedroom railroad-style apartments, with 4 units currently vacant, offering significant value-add potential for investors. The property also features a full basement with large open space and boiler room, as well as a rear backyard area. 1R - Vacant; 1L - $1,000; 2R - Vacant; 2L - Vacant; 3R - $875 and 3L - Vacant. Total expense of $23,277. Must be sold to CASH buyers.
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NY SUPERIOR REALTY
Listed by NY SUPERIOR REALTY

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$56,295.00
$4,691.25/mo

Valuation Metrics

0
DSCR
5.7%
Cap Rate
5.7%
ROI

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