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    198 Hull St Brooklyn, NY 11233

    For Sale
    $2,000,000

    Multi Family - Brooklyn, NY

    Type:Single Family Attached
    Property size:
    4,875 SF
    Lot size:
    0.06 Acres
    Days on Market:
    192
    Last Refresh:
    Dec 7 at 2:06 pm

    Property Features for 198 Hull St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Single Family Attached
    Standard status
    Active
    Rooms
    Basement
    APN
    01540-0016
    Basement Y/N
    1
    Size
    4,875 SF
    Lot size
    0.06 Acres

    Utilities

    Heating system
    Natural Gas

    Building Details

    Year built
    1910
    Number of units
    6
    Building materials
    Brick
    Architectural style
    Other

    Keller Williams Realty Landmark (718) 475-2777 [email protected]

    Listing agent Winston Williams GRI SFR (718) 475-2700 License #10301220256

    Listing date May 30, 2025

    MLS# 860461 Listing URL

    Copyright © 2025 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Brooklyn Multifamily Investment Opportunity

    This three-story, 6-unit multifamily building is located in Ocean Hill, Brooklyn. The unit mix consists of six 2-bedroom, 1-bathroom apartments. One unit is reserved for the owner. The property is situated in a vibrant neighborhood known for its community spirit and transportation links, located between Bedford-Stuyvesant, Crown Heights, and Brownsville. The building is across the street from Hull Street Community Garden and near Marion Hopkinson Playground and Callahan-Kelly Playground. Residents have access to cafes, restaurants, and shops along Bushwick and Broadway Avenues. Transportation options include a short walk to the A, C, J, Z, and L trains at Broadway Junction, as well as multiple bus lines. The property offers steady income and the potential for increased revenue. The building's R6 zoning allows for future expansion or redevelopment. The lot size is 0.0574 acres, and the living area is 4875 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.907614323979
    Latitude
    40.6797168

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    FAQs

    What type of property is this?
    Apartment building - Six-unit building in Ocean Hill with income and growth potential.
    Where is this apartment building located?
    The property is located at 198 Hull St Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $2,000,000.
    What are key features of this property?
    This property features: - Prime multifamily investment property in Ocean Hill, Brooklyn.; - Six spacious 2-bedroom, 1-bathroom apartments offer comfortable living.; - Excellent transportation access: Short walk to A, C, J, Z, and L trains.
    (718) 475-2700
    Request Owner's contact information
    198 Hull St Brooklyn, NY 11233
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    Brooklyn, NY 11233
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    198 Hull St Brooklyn, NY 11233
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