Water Front Luxury Realty

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$3,500,000
29 Days On Site

1166 Fulton Street
Brooklyn, NY 11216

For Sale|Multi Family|Active
0
Beds
0
Total Baths
4,800
SqFt
$729
/SqFt
1930
Built
County:
Kings (Brooklyn)
Listing courtesy of Exit Realty Continental mohammadnyc1978@gmail.com

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1166 Fulton Street1166 Fulton Street1166 Fulton Street1166 Fulton Street
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Monthly Payment (Est.)

$15,968
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1166 Fulton Street, Brooklyn, NY 11216 Prime Mixed-use Investment property / Fully Occupied / STRONG CASH FLOW PROPERTY OVERVIEW Exceptional income-Producing mixed-use building located along one of Brooklyn's most vibrant and active commercial corridors- Fulton Street. This property features (3) spacious two-bedroom apartments and (3) spacious one-bedroom apartments also (1) huge commercial retail space on ground-floor, offering investors a well balanced and diversified income stream in a thriving and rapidly appreciating neighborhood. INVESTMENT SUMMARY Asking Price $3,500.000 current Monthly Rent Roll: $24,600 Annual Gross Income: $295,200 Current Cap Rate: Approx. 10.7% (All residential and retail units fully leased) RESIDENTIAL UNITS ARE FREE RENT MARKET . Configuration: 6 Residential Units + 1 Retail Units Zoning: Mixed-Use (Residential + Commercial) PROPERTY HIGHLIGHTS Turnkey Income Producer: Fully leased and generating immediate returns. : Strong rental demand with opportunity for future rent growth. One Established Retail Tenants: Stable, long-term businesses providing consistent cash flow. Strong In-Place Income: $295,200.000 annual rent roll with low operating expenses. Solid Brick Construction: Well-maintained structure with dependable systems and minimal maintenance needs. Low Management Burden: Ideal for passive investors or 1031 exchange buyers or Owner -users looking to add a solid income-producing asset in a growing neighborhood. LOCATION ADVANTAGE Situated along Fulton Street, one of Brooklyn’s most historic and continuously developing retail arteries, this property benefits from exceptional visibility, heavy foot traffic, and easy transit access. Near A, C, subway lines and multiple MTA bus routes. Surrounded by retail, dining, schools, and residential density driving strong tenant retention. Minutes from key neighborhood hubs, community developments, and new mixed-use projects that continue to elevate property values. High-demand rental area offering long-term appreciation and sustained occupancy. INVESTMENT OUTLOOK With NYC’s rental market at record highs and Brooklyn’s mixed-use assets in constant demand, 1166 Fulton Street presents a rare opportunity to secure a performing, high-yield property in an established yet upward-trending corridor. This asset delivers: Immediate Cash Flow from day one. Strong Long-Term Growth Potential through rent appreciation. Diversified Stability across residential and retail income streams. Whether expanding your Brooklyn portfolio or seeking a secure 1031 exchange replacement property, this investment combines cash flow, stability, and location — the core fundamentals of any high-performing NYC asset. SUMMARY A true Brooklyn investment gem offering both income and upside — fully occupied, established commercial tenants, and prime location within a dynamic retail corridor. 1166 Fulton Street stands as a testament to enduring value and urban opportunity — an investment built for today’s returns and tomorrow’s appreciation.

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Listing Snapshot
Price 
$3,500,000
Days On Site 
29 Days
Bedrooms 
N/A
Inside Area (SqFt) 
4,800 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.0459 Acres
Year Built 
1930
MLS® Number 
965428
Status 
Active
Property Tax 
$15,370.44
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 weeks agoListing first seen on site
4 weeks agoListing updated with changes from the MLS®
General Features
Acres 
0.0459
Parking 
Off Street
Property Sub Type 
Multi Family
Sewer 
Public Sewer
SqFt Total 
4800
Utilities 
Natural Gas AvailableElectricity AvailableElectricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected
Water Source 
Public
Interior Features
Basement 
Full
Cooling 
Wall/Window Unit(s)
Heating 
BaseboardElectricHot WaterNatural Gas
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Exterior Features
Construction Details 
BlockBrick
Community Features
School District 
Brooklyn 13
Schools
School District
Brooklyn 13
Elementary School
Ps 3 Bedford Village
Middle School
Restoration Academy
High School
Bedford Academy High School
Listing courtesy of Exit Realty Continental mohammadnyc1978@gmail.com


Based on information submitted to the MLS GRID as of 2026-03-28 02:53 PM EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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