Legal 3-Family Brick
3476 Fulton Street Brooklyn, NY 11208
3476 Fulton Street, Brooklyn, NY, 11208
$949,000
For Sale
$949,000
MULTI_FAMILY - Brooklyn, NY
Property Size2,480 SF
Lot Size0.04 Acres
Price / SF$382.66
Days on Market218
Property Features for 3476 Fulton Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R5
- Bedrooms
- 5
- Bathrooms
- 5
- Rooms
- Bedroom 5, Bathroom 1, Bathroom 3, Bedroom 3, Bathroom 2, Bedroom 4, Bedroom 2, Bedroom 1, Bathroom 4, Bathroom 5
- Interior features
- A/C Unit
- Basement
- Finished
- Standard status
- Active
- Size
- 2,480 SF
- Lot size
- 0.04 Acres
Taxes and HOA fees
- Tax Annual Amount
- 5370
Building Details
- Year built
- 1910
- Floors in Building
- 2
- Number of units
- 3
- Flooring type
- Hardwood
- Building materials
- Brick
- Roof type
- Flat
Listing agency
RE/MAX Edge
(718) 612-3088
Listed by
Albert Taye · License #30TA0927395
(718) 612-3088
Added: Dec 17, 2025 Updated: Jul 22 at 12:03PM Checked: Jul 23 at 4:06AM
MLS# 497924
Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This legal 3-family brick house offers a flexible layout with three residential units and a full finished basement for additional usable space. The property is fully vacant and move-in ready, with a configuration that includes a top-floor 3-bedroom apartment featuring a private terrace. The first floor has two 1-bedroom units, including one with private backyard access.
Located at 3476 Fulton Street in Brooklyn, the home is described as being convenient to transportation and nearby shopping and neighborhood amenities.
With solid brick construction and a vacant delivery, the property can support immediate occupancy or rental upon acquisition, with the added benefit of a terrace and backyard access tied to specific units.
Located at 3476 Fulton Street in Brooklyn, the home is described as being convenient to transportation and nearby shopping and neighborhood amenities.
With solid brick construction and a vacant delivery, the property can support immediate occupancy or rental upon acquisition, with the added benefit of a terrace and backyard access tied to specific units.
Key Highlights
- Legal 3‑family brick home with A/C units and hardwood floors
- Built in 1910; flat roof
- Top floor: true 3‑bedroom apartment with a private terrace
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $95.2k | $38.40 |
| − Vacancy | −$4.3k | −$1.73 |
| EGI | $90.9k | $36.67 |
| − OpEx | −$27.3k | −$11.00 |
| NOI | $63.7k | $25.67 |
2,480 SF · lease $38.40/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$909.5K
$795.8K – $1.06M
NOI $63,663 @ 7.0% cap · market cap 6.71%
Second Best
Apartment 5plus
$809.8K
$708.6K – $944.8K
NOI $56,686 @ 7.0% cap · market cap 5.97%
Theoretical Best
Office A
$1.52M
$1.33M – $1.77M
NOI $106,222 @ 7.0% cap · market cap 11.19%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Legal 3-family brick residence with three separate units, including a finished basement.
Where is this triplex located?
The property is located at 3476 Fulton Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $949,000.
What are key features of this property?
This property features: Legal 3‑family brick home with A/C units and hardwood floors; Built in 1910; flat roof; Top floor: true 3‑bedroom apartment with a private terrace
