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3299 Fulton Street, Brooklyn, NY 11208

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For Sale

$1,499,999

3,645 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Other Residential
    Property type

  • $411.52
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

EXCLUSIVE TURN-KEY MIXED-USE BUILDING IN PRIME BROOKLYN LOCATION Unlock exceptional cash flow and long-term value with this fully renovated two-family plus commercial property located on the bustling Fulton Street corridor in Cypress Hills. Perfect for investors or owner-occupants seeking a live-and-earn opportunity, this building offers immediate income with nearly 8% projected cap rate and no deferred maintenance. Completely gut-renovated within the last five years, the property features all-new electric, plumbing, roofing, walls, and mechanicals. Each unit is outfitted with sleek, modern kitchens boasting granite countertops, stylish bathrooms, gleaming hardwood floors, and separate hot-water heating systems. Both residential apartments are spacious three-bedroom layouts with sunlit living rooms and updated finishes, currently generating $3,000 per month each. The ground-floor commercial space is a fully renovated beauty salon with upscale fixtures, new systems, and excellent visibility ready to operate from day one. The salon business is also available for purchase, offering a rare opportunity to own both real estate and a turn-key business. Projected gross annual income is $126,000 with a net operating income of $111,918. Just minutes from the J and Z trains at Crescent Street and surrounded by nonstop foot traffic, retail, and essential services, this location continues to attract renters and businesses alike. With ongoing redevelopment and public investment throughout Cypress Hills, this is more than a smart investment it s a strategic one. Collect rent from day one and secure your place in one of Brooklyn s fastest-growing neighborhoods.
MLS# 494720

Courtesy Of Re/Max Central

(732) 972-1000

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Exterior Type
    Brick
  • Floor Covering
    Hardwood
  • Heating System
    Baseboard
  • Lot Size
    0.04 Acres

Map and Directions

Directions to 3299 Fulton Street, Brooklyn, NY 11208

Home seller CENTURY 21 Monticello Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Monticello Realty

(718) 804-5757
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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.