3299 Fulton St - Flex FOR SALE


Brooklyn, NY 11208- Cypress Hills
$1,699,999 USD
732-972-1000
3299 Fulton St, Brooklyn, NY for Sale
$1,699,999 USD
Flex - FOR SALE
1/19
null | Request Cap Rate

NEW


3299 Fulton St
Brooklyn, NY 11208
Cypress Hills


HIGHLIGHTS

  • COMPLETELY RENOVATED
  • TURN-KEY SALON BUSINESS OPPORTUNITY
  • HEAVY FOOT-TRAFFIC LOCATION

OVERVIEW

TURN-KEY 2-FAM & STORE IN PRIME BROOKLYN LOCATION! Unlock incredible cash flow with this fully renovated mixed-use 2-family building in one of Brooklyn’s most high-traffic, high-demand corridors—Fulton Street in Cypress Hills. Whether you’re looking to expand your portfolio or enter into a live-and-earn scenario, this property delivers immediate income and long-term upside. Completely gut-renovated in the last five years—no deferred maintenance, no upfront repairs. Upgrades include all-new electric, plumbing, roof, walls, modern kitchens with granite countertops, sleek bathrooms, gleaming hardwood floors, and separate hot-water heating systems for each unit. The building features: • Two spacious 3-bedroom apartments, each with a sun-filled living room, modern kitchen, and stylish bath, currently generating $3,000/month each. • A fully renovated ground-floor beauty salon with high-end fixtures, new mechanicals, and exceptional visibility. The salon business is also available for purchase, offering the buyer a rare turn-key business + real estate package. Projected Gross Annual Income: $126,000 Projected Net Operating Income: $111,918 Nearly 7% CAP Rate—an exceptional return in a high-growth Brooklyn market! Located just minutes from the J & Z trains at Crescent Street, surrounded by endless retail, restaurants, and essential services on Fulton Street, this is a location that renters and businesses love. Cypress Hills continues to thrive with redevelopment and city investment, making this not just a smart buy—but a strategic one. Invest with confidence. Collect rent from day one. Own a piece of Brooklyn’s future.

FOR SALE DETAILS

PRICE

$1,699,999 USD

PRICE/SF

$825 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Flex

ADD'L SUBTYPES

Storefront, Storefront Retail/Office, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1920

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

R5

APN/PARCEL ID

04129-0063

ASK ABOUT THIS PROPERTY

Jose PaucarRE/MAX CentralMore Info
732-972-1000

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Jose PaucarRE/MAX CentralMore Info
732-972-1000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.