3299 Fulton ST Active Save Request In-Person Tour Request Virtual Tour
Brooklyn,NY 11208
Key Details
Property Type Other Rentals
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 3,645 sqft
Price per Sqft $466
MLS Listing ID 492156
Year Built 1920
Annual Tax Amount $6,282
Lot Dimensions 20X79
Property Sub-Type Mixed Use
Property Description
TURN-KEY 2-FAM & STORE IN PRIME BROOKLYN LOCATION!
Unlock incredible cash flow with this fully renovated mixed-use 2-family building in one of Brooklyn's most high-traffic, high-demand corridors—Fulton Street in Cypress Hills. Whether you're looking to expand your portfolio or enter into a live-and-earn scenario, this property delivers immediate income and long-term upside.
Completely gut-renovated in the last five years—no deferred maintenance, no upfront repairs. Upgrades include all-new electric, plumbing, roof, walls, modern kitchens with granite countertops, sleek bathrooms, gleaming hardwood floors, and separate hot-water heating systems for each unit.
The building features:
• Two spacious 3-bedroom apartments, each with a sun-filled living room, modern kitchen, and stylish bath, currently generating $3,000/month each.
• A fully renovated ground-floor beauty salon with high-end fixtures, new mechanicals, and exceptional visibility. The salon business is also available for purchase, offering the buyer a rare turn-key business + real estate package.
Projected Gross Annual Income: $126,000
Projected Net Operating Income: $111,918
Nearly 7% CAP Rate—an exceptional return in a high-growth Brooklyn market!
Located just minutes from the J & Z trains at Crescent Street, surrounded by endless retail, restaurants, and essential services on Fulton Street, this is a location that renters and businesses love. Cypress Hills continues to thrive with redevelopment and city investment, making this not just a smart buy—but a strategic one.
Invest with confidence. Collect rent from day one. Own a piece of Brooklyn's future.
Location
State NY
County Kings (brooklyn)
Area Cypress Hills
Zoning R5
Rooms
Basement Full
Interior
Interior Features Restrooms - Public
Hot Water Electric,Gas
Heating Oil
Flooring Hardwood
Heat Source Oil
Exterior
Exterior Feature Brick
Roof Type Flat
Building
Story 3
Foundation Block
Others
Energy Description Oil
Financing 1031 Exchange,Bank Mortgage,Cash