Brooklyn Mixed-Use Investment
1166 Fulton St Brooklyn, NY 11216
For Sale
$3,500,000
Fully occupied mixed-use property with strong cash flow in Brooklyn.
Days on Market96
Property Features for 1166 Fulton St
General Information
Standard status
Active
Property subtype
Commercial
Building Details
Year Built
1930
Listing Agency:
(917) 470-3438
Listed By:
Mohammed Rasel
(917) 470-3438
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Jul 28 at 10:53AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Mohammed Rasel
Investment Insights
Based on property information with market context.
Located along Fulton Street, this mixed-use property in Brooklyn features three two-bedroom apartments, three one-bedroom apartments, and a large ground-floor commercial retail space. The property is fully leased, generating immediate returns. The location benefits from high visibility, heavy foot traffic, and convenient transit access, with proximity to A and C subway lines and multiple bus routes. The building is surrounded by retail, dining, schools, and residential areas. The property is of solid brick construction. The location has a bike score of 76, a walk score of 95, and a transit score of 100. The property offers immediate cash flow and long-term growth potential through rent appreciation, with diversified stability across residential and retail income streams.
Key Highlights
- Strong In‑Place Income: $295,200 annual rent roll with a cap rate of approximately 10.7%.
- Prime Fulton Street Location: Situated on a vibrant commercial corridor with exceptional visibility and easy transit access.
- Fully Occupied Mixed‑Use Property: Turnkey income producer with 6 residential units and 1 established retail space.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Mixed-use property - Fully occupied mixed-use property with strong cash flow in Brooklyn.
Where is this mixed-use property located?
The property is located at 1166 Fulton St Brooklyn, NY.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: Strong In‑Place Income: $295,200 annual rent roll with a cap rate of approximately 10.7%.; Prime Fulton Street Location: Situated on a vibrant commercial corridor with exceptional visibility and easy transit access.; Fully Occupied Mixed‑Use Property: Turnkey income producer with 6 residential units and 1 established retail space.
