Updated 5 days ago
2693 Fulton Street
Ocean Hill, Brooklyn | Fulton Street & Atlantic Ave
3,850 Square FeetMixed Use
$1,050,000
floors / apts3 / 2
Lot Size20'x52'
ZoneC4-4L
Building TypeLow-Rise
RE Taxes$3,600
Price Per SF
$273
Building Amenities
- Voice Intercom
- Garage
Property Description for 2693 Fulton Street
Introducing 2693 Fulton St an impressive two family over commercial store & 2 garages on Fulton Street in brooklyn. This property will be delivered as-is (FULLY VACANT) with the violations extant. The setup is attached below. Access is also possible. Reach out for times. Perfect for an end user buyer or investor who is familiar with the area. The projected cap rate is 9% at full occupancy. (negotiable)
Projected income
1Fl Store $3500/mo
2Fl Apt 3Br/1Ba $2500/mo
3Fl Apt 3Br/1Ba $2500/mo
2 Car Garage $500/mo
$9000/mo X 12= $108,000
Expenses:
RE Tax: $3815
Water: $2500
Insurance:$3000
Electric. $1200
Super: $2000
Total: $12,515
Projected NOI: $95,485
Projected Cap Rate 9%
Projected income
1Fl Store $3500/mo
2Fl Apt 3Br/1Ba $2500/mo
3Fl Apt 3Br/1Ba $2500/mo
2 Car Garage $500/mo
$9000/mo X 12= $108,000
Expenses:
RE Tax: $3815
Water: $2500
Insurance:$3000
Electric. $1200
Super: $2000
Total: $12,515
Projected NOI: $95,485
Projected Cap Rate 9%
Listing History for 2693 Fulton Street
Now
08/07/2023
$1,050,000
Initial Price by Nathaniel Smith
Oxford Property Group
Launch
Building Details for 2693 Fulton Street
OwnershipMixed Use
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1945
Floors/Apts3/2
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 92089TH
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