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$ 2,000,000
Est. payment | /mo
2,500 Sqft Lot
$ 2,000,000
Est. payment | /mo
2,500 Sqft Lot
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID KEY860461
Originating Board onekey2
Rental Info No
Year Built 1910
Annual Tax Amount $8,393
Lot Size 2,500 Sqft
Acres 0.0574
Property Sub-Type Multi Family
Property Description
Investment Opportunity: 198 Hull Street, Brooklyn, NY 11233 Introducing a prime multifamily investment in the heart of Ocean Hill, Brooklyn. This three-story, 6-unit building offers a blend of stability and potential growth, making it an ideal addition to any investor's portfolio. Property Highlights Unit Mix: Six spacious 2-bedroom, 1-bathroom apartments One unit reserved for owner. Ocean Hill is a vibrant and evolving neighborhood nestled between Bedford-Stuyvesant, Crown Heights, and Brownsville. Known for its strong community spirit and excellent transportation links, the area offers residents a blend of urban convenience and neighborhood charm. Transportation: Subway Access: Short walk to A, C, J, Z, and L trains at Broadway Junction, providing swift connections to Manhattan and beyond Bus Routes: Multiple bus lines serving the area Local Amenities: Parks: Directly across from Hull Street Community Garden; near Marion Hopkinson Playground and Callahan-Kelly Playground Dining & Shopping: Proximity to a variety of cafes, restaurants, and shops along Bushwick and Broadway Avenues Investment Potential With 6 occupied units and cash flow, this property provides both steady income and the opportunity for increased revenue. The ongoing revitalization of Ocean Hill, including infrastructure improvements and commercial developments, suggests strong appreciation potential. The building's R6 zoning also opens doors for future expansion or redevelopment.
Location
State NY
County Kings (brooklyn)
Rooms
Basement Finished, Full
Interior
Cooling None
Fireplace No
Exterior
Utilities Available Electricity Connected
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Others
Special Listing Condition None
Listed by Keller Williams Rlty Landmark