1223 Fulton Street, Brooklyn, NY 11216

Brooklyn
Local realty services provided by:Bon Anno Realty ERA Powered
1223 Fulton Street,Brooklyn, NY 11216
$2,100,000
  • - Beds
  • - Baths
  • 5,200 sq. ft.
  • Multi-family
  • Active
Listed by: mohammed rasel, mohammad s. hossin
Office: exit realty continental
MLS#:960731
Source:OneKey MLS

Price summary

  • Price:$2,100,000
  • Price per sq. ft.:$403.85

About this home

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) RESIDENTIAL UNITS ARE UNDER RENT CONTROL . 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

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Home facts

  • Year built:1910
  • Listing ID #:960731
  • Added:14 day(s) ago
  • Updated:February 26, 2026 at 02:28 PM

Rooms and interior

  • Flooring:Hardwood
  • Dining Description:Eat-In Kitchen
  • Kitchen Description:Eat-in Kitchen, Galley Type Kitchen
  • Basement:Yes
  • Basement Description:Full
  • Living area:5,200 sq. ft.

Heating and cooling

  • Heating:Baseboard, Electric, Natural Gas

Structure and exterior

  • Year built:1910
  • Building area:5,200 sq. ft.
  • Lot area:0.05 Acres

Schools

  • High school:Bedford Academy High School
  • Middle school:Restoration Academy
  • Elementary school:Ps 3 Bedford Village

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$2,100,000
  • Price per sq. ft.:$403.85
  • Tax amount:$18,503 (2025)

Features and amenities

  • Amenities:Storage, Walk-In Closet(s)
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