198 Hull St, Brooklyn, NY 11233

True 8.85% Cap rate 12 Beds 6 Baths + 4875 sq ft Lots size 25x100- Rent roll : $176,840.00 2 Free Market units * 2 Bedrooms + ( Potential to raise 3% - %5 cap ) Flexible R6 zoning Taxes $8900 yearly + ( Possible Tax class 2A status) Operation Cost: Gas $10k Yearly Water $8800 Yearly Electric $1500.00 Yearly Insurance $9400 Yearly 198 Hull Street is a six-family brick multifamily property located in the Bed-Stuy/Ocean Hill section of Brooklyn. Built in 1908, the property spans approximately 5,400 SF on a 25’ x 100’ lot and consists of six spacious 2-bedroom, 1-bath apartments, each with additional home office space. The building features electric, roof, and gas boiler systems, along with an onsite superintendent. Convenient access to the A, C, J, Z, and L subway lines provides strong connectivity throughout Brooklyn and Manhattan. The property is classified as Tax Class 2A, which may help limit future property tax increases, subject to applicable laws and regulations. Flexible R6 zoning may offer future development or community facility potential, subject to verification and approvals by all relevant governmental authorities. Positioned near Bed-Stuy, Bushwick, and Broadway Junction, 198 Hull Street presents an opportunity for investors seeking a well-located multifamily asset in a growing Brooklyn market. All information is deemed reliable but not guaranteed. Buyers are encouraged to conduct their own due diligence and verify all financials, zoning, tax classifications, dimensions, and potential uses independently.