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Property Description

1166 Fulton Street, Brooklyn, NY 11216 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 (3) spacious two-bedroom apartments and (3) spacious one-bedroom apartments also (1) huge commercial retail space on ground-floor, offering investors a well balanced and diversified income stream in a thriving and rapidly appreciating neighborhood. INVESTMENT SUMMARY Asking Price $3,500.000 current Monthly Rent Roll: $24,600 Annual Gross Income: $295,200 Current Cap Rate: Approx. 10.7% (All residential and retail units fully leased) RESIDENTIAL UNITS ARE FREE RENT MARKET . Configuration: 6 Residential Units + 1 Retail Units Zoning: Mixed-Use (Residential + Commercial) PROPERTY HIGHLIGHTS Turnkey Income Producer: Fully leased and generating immediate returns. : Strong rental demand with opportunity for future rent growth. One Established Retail Tenants: Stable, long-term businesses providing consistent cash flow. Strong In-Place Income: $295,200.000 annual rent roll with low operating expenses. Solid Brick Construction: Well-maintained structure with dependable systems and minimal maintenance needs. Low Management Burden: Ideal for passive investors or 1031 exchange buyers or Owner -users looking to add a solid income-producing asset in a growing neighborhood. 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, 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, 1166 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, established commercial tenants, and prime location within a dynamic retail corridor. 1166 Fulton Street stands as a testament to enduring value and urban opportunity — an investment built for today’s returns and tomorrow’s appreciation.

Features
Heating System:
Electric, Natural Gas, Hot Water, Baseboard
Cooling System:
Wall/window Unit(s)
Basement:
Full
Parking Features:
Off Street
Sewer:
Public Sewer
Utilities:
Electricity Available, Natural Gas Connected, Electricity Connected, Water Connected, Sewer Connected
Address Map
City:
NY
State:
NY
County:
Kings (Brooklyn)
Property and Construction
Development Status:
Brick, Block
Elementary School:
Ps 3 Bedford Village
High School:
Bedford Academy High School
Agent MlsId:
501593
Office MlsId:
YRK01
MiddleOrJunior School:
Restoration Academy
Number Of Units:
7
Special Listing Conditions:
No
Tax Annual Amount:
$15,370
Water Source:
Public
Zoning:
R7D
PhotosCount:
9

Commercial Sale For Sale

1166 Fulton Street, New York, NY

2,000 Acre
$3,500,000
Listing ID #965428
Basic Details
Property Type :
Commercial Sale
Property SubType :
Multi Family
Listing ID :
965428
Price :
$3,500,000
Bathrooms Total :
0
Building Area :
4,800 Sqft
Lot Area :
2,000 Acre
Year Built :
1930
Status :
Active
Status :
Active
Listing Office :
Exit Realty Continental
Listing Agent :
Mohammad S. Hossin
Agent info
Kasner Properties
284 W Park Ave Long Beach, NY 11561
Contact Agent
Walkscore
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