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2142 Fulton Street

2142 Fulton Street, New York City, NY 11233

$1,340,000

2142 Fulton Street is a fantastic turn-key investment property just half a block to the subway on bustling Fulton Street at Rockaway Avenue. This mixed use building offers a sprawling storefront with over 1,500 square feet on the ground floor and an automatic roll-down gate. Above the storefront are two stylish three bedroom apartments; one with a huge terrace. Situated within 200 feet of the C train at Rockaway Avenue and the A/C/J/Z/L trains at Broadway Junction, your commute to Manhattan is a breeze. With a projected annual income of over $100,000 per year and low expenses plus separate utilities, this investment opportunity offers a projected 7% cap rate, and this busy intersection is the perfect spot for a new caf, gallery, restaurant, or store in the large commercial space. The buildings recent upgrades include a new faade and roof, the installation of central air conditioning, new kitchens, baths, flooring, windows, and more! Contact us today to view 2142 Fulton Street, a move-in ready mixed-use building on a prime block in Brooklyns Ocean Hill.

The Location

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