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3225 Fulton St 4 Unit Apartment Building $4,536,740 CAD ($1,134,185 CAD/Unit) 6.60% Cap Rate Brooklyn, NY 11208



INVESTMENT HIGHLIGHTS
- Turnkey Income Producer: Fully leased and generating immediate returns.
- Two Established Retail Tenants: Stable, long-term businesses providing consistent cash flow.
- Low Management Burden: Ideal for passive investors or 1031 exchange buyers.
- Free-Market Apartments: Strong rental demand with opportunity for future rent growth.
- Solid Brick Construction: Well-maintained structure with dependable systems and minimal maintenance needs.
EXECUTIVE SUMMARY
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)
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.
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.
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)
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.
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.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$301,519
|
$60.40
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$301,519
|
$60.40
|
| Taxes |
$17,925
|
$3.59
|
| Operating Expenses |
$13,680
|
$2.74
|
| Total Expenses |
$31,605
|
$6.33
|
| Net Operating Income |
$269,914
|
$54.07
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $301,519 |
| Annual Per SF | $60.40 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $301,519 |
| Annual Per SF | $60.40 |
| Taxes (CAD) | |
|---|---|
| Annual | $17,925 |
| Annual Per SF | $3.59 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $13,680 |
| Annual Per SF | $2.74 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $31,605 |
| Annual Per SF | $6.33 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $269,914 |
| Annual Per SF | $54.07 |
PROPERTY FACTS
| Price | $4,536,740 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $1,134,185 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.06 AC |
| Cap Rate | 6.60% | Building Size | 4,992 SF |
| Sale Condition | 1031 Exchange | Average Occupancy | 100% |
| No. Units | 4 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1915 |
| Property Subtype | Apartment | ||
| Zoning | R5, Brooklyn, (C2) - R5 Zoning in NYC is a low density contextual residential zoning district | ||
| Price | $4,536,740 CAD |
| Price Per Unit | $1,134,185 CAD |
| Sale Type | Investment |
| Cap Rate | 6.60% |
| Sale Condition | 1031 Exchange |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 4,992 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1915 |
| Zoning | R5, Brooklyn, (C2) - R5 Zoning in NYC is a low density contextual residential zoning district |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 4 | - | - |
1 1
Walk Score®
Very Walkable (81)
Transit Score®
Excellent Transit (87)
PROPERTY TAXES
| Parcel Number | 04127-0059 | Total Assessment | $374,375 CAD (2025) |
| Land Assessment | $141,023 CAD (2025) | Annual Taxes | $17,925 CAD ($3.59 CAD/SF) |
| Improvements Assessment | $233,352 CAD (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
04127-0059
Land Assessment
$141,023 CAD (2025)
Improvements Assessment
$233,352 CAD (2025)
Total Assessment
$374,375 CAD (2025)
Annual Taxes
$17,925 CAD ($3.59 CAD/SF)
Tax Year
2024
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3225 Fulton St
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