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Image 1 - 2693 Fulton St, Brooklyn, New York, 11207 - House for sale
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Fulton St, Brooklyn, Home For Sale
2693 Fulton St, Brooklyn, New York, 11207

Fulton St, Brooklyn, Home For Sale

house for sale
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Listed: 08/03/24

2693 Fulton St, Brooklyn, New York, 11207

Studio Bed:
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Price
$ 1,3M

About This House

Introducing 2693 Fulton St an impressive two family over commercial store and 2 garages on Fulton Street in brooklyn. This property will be delivered as-is ( Fully vacant ) with the violations extant. Access is possible. Reach out for times. Perfect for an end user buyer or investor who is familiar with the area. The projected cap rate is 9% at full occupancy. (negotiable) Directly across the street from a new 150 unit development site almost completed, will be rentals. Projected income 1Fl Store $3500/mo 2Fl Apt 3Br/1Ba $2500/mo 3Fl Apt 3Br/1Ba $2500/mo 2 Car Garage $500/mo $9000/mo X 12= $108, 000Expenses: RE Tax: $3815Water: $2500Insurance:$3000 Electric. $1200Super: $2000Total: $12, 515ProjectedNOI: $95, 485Projected Cap Rate 9%

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Cypress Hills Housing & Living

Household Income

Median household income: $63,799
Number of households: 3,2M
The average household income in New York, NY grew from $60,879 to $63,799 in the past year. This data is an estimate based upon 3,2M households in New York, NY.
The chart below presents how household income is distributed in New York, NY in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in New York, NY compared to median property taxes around the country. The prevalent amount of property taxes in New York, NY equals $3k+ , which is more than the national average.