3225 FULTON STREET, BROOKLYN, NY 11208
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 (4) spacious two-bedroom apartments and (2) ground-floor retail stores, offering investors a well-balanced and diversified income stream in a thriving and rapidly appreciating neighborhood.
INVESTMENT SUMMARY
Asking Price: $3,250,000
Current Monthly Rent Roll: $18,000
Annual Gross Income: $216,000
Current Cap Rate: Approx. 6.6%
Pro Forma Cap Rate: 7.5% – 8.0% (based on achievable market rents)
Occupancy: 100% (All residential and retail units fully leased)
Configuration: 4 Residential Units + 2 Retail Units
Zoning: Mixed-Use (Residential + Commercial)
PROPERTY HIGHLIGHTS
Turnkey Income Producer: Fully leased and generating immediate returns.
Free-Market Apartments: Strong rental demand with opportunity for future rent growth.
Two Established Retail Tenants: Stable, long-term businesses providing consistent cash flow.
Strong In-Place Income: $216,000 annual rent roll with low operating expenses.
Upside Potential: Market rents indicate achievable pro forma income of $240,000+ annually.
Solid Brick Construction: Well-maintained structure with dependable systems and minimal maintenance needs.
Low Management Burden: Ideal for passive investors or 1031 exchange buyers.
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, J, and Z 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, 3225 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, free-market residential units, established commercial tenants, and prime location within a dynamic retail corridor.
3225 Fulton Street stands as a testament to enduring value and urban opportunity — an investment built for today’s returns and tomorrow’s appreciation.
For sale
$2,889,000
3225 Fulton Street, Brooklyn, NY 11208
8beds
4,992sqft
Quadruplex, Multi Family
Built in 1915
-- sqft lot
$-- Zestimate®
$579/sqft
$-- HOA
What's special
- 233 days |
- 109 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
HomeSmart Premier Living Rlty 516-535-9692,
Adelbin Imani 917-348-8919
Source: OneKey® MLS as distributed by MLS GRID,MLS#: 935394
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Baseboard, Electric, Natural Gas
Cooling
- Ductless
Features
- Natural Woodwork, Open Kitchen, Quartz/Quartzite Counters, Recessed Lighting, Smart Thermostat
- Basement: Unfinished
Interior area
- Total structure area: 4,992
- Total interior livable area: 4,992 sqft
Property
Parking
- Parking features: None
Lot
- Size: 2,789 Square Feet
Details
- Parcel number: 041270059
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
- Attached to another structure: Yes
Materials
- Brownstone
Condition
- Year built: 1915
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected
Community & HOA
Location
- Region: Brooklyn
Financial & listing details
- Price per square foot: $579/sqft
- Tax assessed value: $266,400
- Annual tax amount: $12,841
- Date on market: 11/17/2025
- Cumulative days on market: 114 days
- Listing agreement: Exclusive Agency
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 2/2/2026 | Price change | $2,889,000-11.1%$579/sqft |
Source: | ||
| 11/17/2025 | Listed for sale | $3,250,000+90.1%$651/sqft |
Source: | ||
| 4/2/2019 | Sold | $1,710,000+256.3%$343/sqft |
Source: Public Record Report a problem | ||
| 3/2/2017 | Sold | $480,000-30.6%$96/sqft |
Source: Public Record Report a problem | ||
| 7/23/2012 | Sold | $691,811+27.5%$139/sqft |
Source: Public Record Report a problem | ||
| 1/12/2004 | Sold | $542,500+87.9%$109/sqft |
Source: Public Record Report a problem | ||
| 11/1/2000 | Sold | $288,718+220.8%$58/sqft |
Source: Public Record Report a problem | ||
| 5/16/1997 | Sold | $90,000$18/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $13,191 +2.7% | $266,400 -2.5% |
| 2024 | $12,841 | $273,240 +20% |
| 2023 | -- | $227,700 -16.4% |
| 2022 | -- | $272,250 -15% |
| 2021 | -- | $320,400 +3% |
| 2020 | $10,174 +3.2% | $311,040 |
| 2019 | $9,855 | $311,040 +325.1% |
| 2018 | -- | $73,171 +8% |
| 2017 | $8,619 +6.6% | $67,765 +8% |
| 2016 | $8,084 | $62,747 |
| 2015 | $8,084 +53.9% | $62,747 +3.2% |
| 2014 | $5,252 | $60,778 +8% |
| 2013 | -- | $56,286 +8% |
| 2012 | -- | $52,127 +8% |
| 2011 | -- | $48,267 |
| 2010 | -- | $48,267 +3.2% |
| 2009 | -- | $46,753 +8% |
| 2008 | -- | $43,297 +8% |
| 2007 | -- | $40,098 +8% |
| 2006 | -- | $37,129 |
| 2005 | -- | $37,129 +3.2% |
| 2004 | -- | $35,964 +8% |
| 2003 | -- | $33,306 +8% |
| 2002 | -- | $30,845 +8% |
| 2001 | -- | $28,561 |
| 2000 | -- | $28,561 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: East New York
Nearby schools
GreatSchools rating
- 7/10Ps 65Grades: PK-5Distance: 0.3 mi
- 5/10Is 171 Abraham LincolnGrades: 6-8Distance: 0.4 mi
- 3/10Transit Tech Career and Technical Education High SchoolGrades: 9-12Distance: 0.3 mi
A local agent can set up tours, give advice and negotiate with sellers.
- New York
- Kings County
- New York
- 11208
- Brooklyn
- East New York
- 3225 Fulton Street






