Search
Ocean Hill Four-Family Investment Opportunity
For Sale
$1,250,000
Pending

2186 Fulton St 4, Brooklyn, NY 11233

Four-family property in Ocean Hill, Brooklyn with investment and end-user potential.

Property Size4,800 SF
Days on Market110

Property Features for 2186 Fulton St 4

General Information

Standard status Pending
Size 4,800 SF
Property subtype Investment

Taxes and HOA fees

Annual Taxes $7,033

Building Details

Building Size 4,800 SF
Year Built 1910
Units 4
Listing Agency: Compass Greater NY LLC
Listed By: Joseph L. Martinez · License #10401354206
Source: Elliman
Added: Apr 24 Changed: Aug 8 Last Checked: Aug 11 at 11:19AM

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 Compass Greater NY LLC

Investment Insights

Based on property information with market context.

Located in the Ocean Hill neighborhood of Brooklyn, 2186 Fulton Street is a four-family property offering approximately 4,800 square feet of living space. Unit 1, situated on the first floor, is a 1,086 sq ft 2-bedroom, 1-bathroom apartment featuring hardwood floors and bedrooms positioned on opposite ends with north and south exposure, as well as a separate living room and dining area. Unit 2, on the second floor, is a renovated (2019) 1,200 sq ft 2-bedroom, 2-bathroom unit with hardwood flooring, stainless steel appliances, recessed lighting, a pass-through kitchen, LED lighting, sliding glass shower doors, linoleum tile flooring, and granite backsplash finishes in the bathrooms. Unit 3, located on the third floor, is a 1,200 sq ft 2-bedroom, 1-bathroom unit that will be delivered vacant at closing, presenting an opportunity to convert it into a 4-bedroom layout. Unit 4, on the fourth floor, is a 1,314 sq ft unit requiring a full gut renovation, offering the flexibility to design a 4-bedroom, 2-bathroom apartment. The property is one block from the A, C, and J subway lines, with Broadway Junction providing access to the A, C, J, L, and Z trains.

Key Highlights

  • Prime 4‑family investment property in rapidly developing Ocean Hill, Brooklyn.
  • Excellent transportation access: One block from A, C, and J subway lines; close to Broadway Junction (A, C, J, L, Z trains). Transit Score: 100.
  • Unit 3 (1,200 sq ft) delivered vacant, offering immediate value‑add opportunity to convert to a 4‑bedroom layout with projected $3,850-$4,000/month rental income.**

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Parking Lot & Garage Skin Care Clinic Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,021
Businesses Nearby

Demographics for 11233, NY

75,399
Population
34,412
Households
2.2
Avg Household Size
35
Median Age
33%
College-Educated
86%
High-School Grad
1.3 sq mi
ZIP Area
57,999
Density / Sq Mi
$62,034
Median Household Income
$47,149
Median Earnings
$1,613
Median Rent
$1,013,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Four-family property in Ocean Hill, Brooklyn with investment and end-user potential.
Where is this apartment building located?
The property is located at 2186 Fulton St 4 Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Prime 4‑family investment property in rapidly developing Ocean Hill, Brooklyn.; Excellent transportation access: One block from A, C, and J subway lines; close to Broadway Junction (A, C, J, L, Z trains). Transit Score: 100.; Unit 3 (1,200 sq ft) delivered vacant, offering immediate value‑add opportunity to convert to a 4‑bedroom layout with projected $3,850-$4,000/month rental income.**
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message