198 Hull Street, Brooklyn, NY, 11233
$2,000,000
Multi Family
Commercial
Details
ML#: 860461
- # of Families: 6
- Sale or Rent:Sale
- Year Built: 1910
- Taxes: $8,393
- Status:Active
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. PLEASE CONDUCT DUE DILLIGENCE AS INFORMATION REPRESENTED ON PUBLIC FACING WEBSITES MAY BE DEEMED INACCURATE.
More Property Details
Lot Size: 0.0574
Lot Sq Ft: 2500
Heat: Natural Gas
A/C: None
Water: Public
Sewer: Public Sewer
Taxes: $8,393
Block: 1540
Lot: 16
Listing Information provided courtesy of
Keller Williams Rlty Landmark
718-475-2700