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1922-1926 Fulton St
Brooklyn, NY 11233

Multifamily Property For Sale · 9 Units

Investment Highlights

  • * Tax Protected Class 2A Buildings
  • * Located steps from the Ralph Ave A/C subway station & B47 Bedford Stuyvesent Bus Line
  • * 421A tax abatement with about 9 years remaining

Executive Summary

3 Three story mixed-use buildings with a total of 9 apartments and 3 stores
* Located steps from the Ralph Ave A/C subway station & B47 Bedford Stuyvesent Bus Line
* Tax Protected Class 2A Buildings
* 421A tax abatement with about 9 years remaining
* Low operating expenses with separate utilities for each tenant.
*Commercial tenants have annual increases

PROPERTY FACTS

Price Per Unit $433,333
Sale Type Investment
Cap Rate 6.82%
Gross Rent Multiplier 12
No. Units 9
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
Building Class B
Lot Size 0.13 AC
Building Size 11,250 SF
Average Occupancy 0%
No. Stories 3
Year Built 2005

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 3 - -
2+1 3 - -
3+1.5 3 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 01704-0033
  • 01704-0032
  • 01704-0034
Land Assessment
$101,250
Improvements Assessment
$918,450
Total Assessment
$1,019,700

zoning

Zoning Code R7D, C2-4 (Unused Air-rights 12,375SF)
R7D, C2-4 (Unused Air-rights 12,375SF)
  • Listing ID: 32094776

  • Date on Market: 6/11/2024

  • Last Updated:

  • Address: 1922-1926 Fulton St, Brooklyn, NY 11233

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