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Mixed-Use Investment Opportunity Brooklyn
For Sale
$1,080,000
Pending

3242 Fulton St, Brooklyn, NY 11208

Fully leased, renovated mixed-use building with commercial and residential units.

Days on Market128

Property Features for 3242 Fulton St

General Information

Standard status Pending
Property subtype Investment

Building Details

Year Built 1910
Listing Agency: eXp Realty
Listed By: Yanli Zhang
Source: Elliman
Added: Mar 28 Changed: Jul 10 Last Checked: Aug 1 at 5:33AM

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 eXp Realty

Investment Insights

Based on property information with market context.

This well-maintained mixed-use building features one commercial unit and two residential units. All units are fully leased with stable, long-term tenants. The property has been fully renovated, presenting a turnkey investment with consistent cash flow. It is located in a high-traffic area, providing strong visibility for the commercial space and steady demand for the residential units. The property is located in Brooklyn, NY. The bike score is 64, making it bikeable. The walk score is 59, indicating it is somewhat walkable. The transit score is 76, indicating excellent transit.

Key Highlights

  • Fully leased with stable, long‑term tenants, ensuring immediate and consistent cash flow.
  • Approximately 7% cap rate, representing a strong return on investment.
  • Turnkey investment opportunity due to recent full renovation, minimizing immediate maintenance needs.

Property Analytics

Current Use

The Luminous Palace (Bike/Boat/Book/etc) Store

Suggested Use

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

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

2,645
Businesses Nearby

Demographics for 11208, NY

101,958
Population
37,261
Households
2.7
Avg Household Size
35
Median Age
16%
College-Educated
82%
High-School Grad
2.7 sq mi
ZIP Area
37,762
Density / Sq Mi
$59,988
Median Household Income
$40,156
Median Earnings
$1,563
Median Rent
$638,200
Median Home Value

Market

Properties on Market for Mixed-use properties in Brooklyn

Feb
Mar
Apr
May
Jun
Jul

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Fully leased, renovated mixed-use building with commercial and residential units.
Where is this mixed-use property located?
The property is located at 3242 Fulton St Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,080,000.
What are key features of this property?
This property features: Fully leased with stable, long‑term tenants, ensuring immediate and consistent cash flow.; Approximately 7% cap rate, representing a strong return on investment.; Turnkey investment opportunity due to recent full renovation, minimizing immediate maintenance needs.
More about this property
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