Search
Renovated Mixed-Use Building
For Sale
$1,080,000
Pending

3242 Fulton Street, Brooklyn, NY 11208

Residential Income, Brooklyn, NY

Property SizeContact for details
Lot Size0.04 Acres
Days on Market149

Property Features for 3242 Fulton Street

General Information

Property type Residential Multi Family
Property subtype Triplex
Bedrooms 4
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 2, Bathroom 3, Bathroom 1, Bedroom 3, Bedroom 4, Basement, Bedroom 2, Bedroom 1
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 Wall/Window Unit(s), 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 · License #10401364927
Added: Mar 27 Changed: Aug 20 Last Checked: Aug 22 at 4:06AM
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 brick mixed-use building contains one commercial unit and two residential units. The property was built in 1910 and has been fully renovated. All three units are leased, with long-term tenants in place. Building systems include baseboard heating, wall or window cooling units, and natural gas availability. Public water and public sewer serve the property, while parking is available on street.

The property occupies 0.0366 acres at 3242 Fulton Street in Brooklyn, New York 11208. Its commercial and residential configuration combines multiple income-producing components within one building. The reported cap rate is approximately 7%.

Key Highlights

  • One commercial unit and two residential units in a single mixed‑use building
  • All three units are fully leased to long‑term tenants
  • Fully renovated building with brick construction

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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Mixed-use property - One commercial unit accompanies two residential units in a fully leased building.
Where is this mixed-use property 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: One commercial unit and two residential units in a single mixed‑use building; All three units are fully leased to long‑term tenants; Fully renovated building with brick construction
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