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Mixed-Use Duplex with Commercial Unit
For Sale
$1,080,000
Pending

3242 Fulton Street, Brooklyn, NY 11208

MULTI_FAMILY - Brooklyn, NY

Lot Size0.04 Acres
Days on Market129

Property Features for 3242 Fulton Street

General Information

Property type Residential Multi Family
Property subtype Triplex
Bedrooms 4
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 3, Bedroom 2, Bathroom 2, Bathroom 1, Bathroom 3, Bedroom 1, Basement, Bedroom 4
Parking features On Street
Basement Full
Standard status Pending
APN 04141-0124
Lot size 0.04 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 5206

Utilities

Utilities Natural Gas Available
Sewer type Public Sewer
Heating system Baseboard
Cooling system Window Unit(s), Wall/Window Unit(s)
Water source Public

Building Details

Year built 1910
Number of units 3
Building materials Brick
Listing Agency: EXP Realty
Listed By: Yanli Zhang
Added: Mar 27 Changed: Jul 30 Last Checked: Aug 2 at 11:06AM
MLS# 977396

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This mixed-use duplex includes one commercial unit and two residential units, with all units fully leased. The building has brick construction and has been fully renovated. Heating is provided via baseboard, and cooling is through window or wall/window units. The property includes a basement and offers on-street parking.

Utilities and services include natural gas available, public water, and public sewer. The building was constructed in 1910.

Designed for straightforward ownership, the property’s mix of commercial and residential space is paired with fully leased occupancy. The offering also references an approximately 7% cap rate.

Key Highlights

  • Mixed‑use duplex with 1 commercial unit and 2 residential units, all fully leased
  • Brick construction with basement
  • Fully renovated building

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.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy

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

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?
Duplex - Mixed-use duplex with one commercial unit and two residential units, all fully leased, with brick construction and on-street parking.
Where is this duplex located?
The property is located at 3242 Fulton Street 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: Mixed‑use duplex with 1 commercial unit and 2 residential units, all fully leased; Brick construction with basement; Fully renovated building
More about this property
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