2224 Fulton St, Brooklyn, NY 11233
Three-unit building featuring two-bedroom apartments and individual metering.
- Added:
- Apr 14, 2023
- Days on Market:
- 1180
- Last Refresh:
- Jul 5 at 1:52 pm
Property Features for 2224 Fulton St
General Information
- Standard status
- Active
- Size
- 2,400 SF
- Property subtype
- Multifamily
Listing office Brown Harris Stevens (212) 396-8244
Listing date Apr 14, 2023
Source Crexi
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 Brown Harris Stevens
HighLights
- Three‑unit building
- 20’ wide building
- Individually metered for electric and gas
- Two‑bedroom floor‑through units
- Each unit features a full kitchen and bathroom
- First floor has access to the basement and backyard
Overview
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $122.4k | $51.00 |
| − Vacancy | −$2.3k | −$0.97 |
| EGI | $120.1k | $50.03 |
| − OpEx | −$36.0k | −$15.01 |
| NOI | $84.1k | $35.02 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.90733
- Latitude
- 40.677822
