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3299 Fulton St Brooklyn, NY 11208

For Sale
$1,699,999

TURN-KEY 2-FAM & STORE IN PRIME BROOKLYN LOCATION!

Property size:
3,645 SF

Description

Added:
Jun 11, 2025
Days on Market:
179
TURN-KEY 2-FAM & STORE IN PRIME BROOKLYN LOCATION!Unlock incredible cash flow with this fully renovated mixed-use 2-family building in one of Brooklyn’s most high-traffic, high-demand corridors—Fulton Street in Cypress Hills. Whether you’re looking to expand your portfolio or enter into a live-and-earn scenario, this property delivers immediate income and long-term upside.Completely gut-renovated in the last five years—no deferred maintenance, no upfront repairs. Upgrades include all-new electric, plumbing, roof, walls, modern kitchens with granite countertops, sleek bathrooms, gleaming hardwood floors, and separate hot-water heating systems for each unit.The building features: • Two spacious 3-bedroom apartments, each with a sun-filled living room, modern kitchen, and stylish bath, currently generating $3,000/month each. • A fully renovated ground-floor beauty salon with high-end fixtures, new mechanicals, and exceptional visibility. The salon business is also available for purchase, offering the buyer a rare turn-key business + real estate package.Projected Gross Annual Income: $126,000Projected Net Operating Income: $111,918Nearly 7% CAP Rate—an exceptional return in a high-growth Brooklyn market!Located just minutes from the J & Z trains at Crescent Street, surrounded by endless retail, restaurants, and essential services on Fulton Street, this is a location that renters and businesses love. Cypress Hills continues to thrive with redevelopment and city investment, making this not just a smart buy—but a strategic one.Invest with confidence. Collect rent from day one. Own a piece of Brooklyn’s future.

Property Features for 3299 Fulton St

General Information

Property type
Flex space
Square Feet
3,645 SF
Lot Size
174,240 SF

Building Details

Year Built/Renovated
1920/2023
Buildings
1
Stories
3

Insight Report Location Intelligence

Current Use by Public Records

Flex space

Suggested Use

Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Brooklyn
State
New York
Longitude
-73.873587667716
Latitude
40.68343655

FAQs

What type of property is this?
Flex space - TURN-KEY 2-FAM & STORE IN PRIME BROOKLYN LOCATION!
Where is this flex space located?
The property is located at 3299 Fulton St Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,699,999.
More about this property
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