Invictus Property Advisors is pleased to present the exclusive offering of 3350 Fulton Street, a five (5) unit mixed-use asset located in East New York, Brooklyn.
The building comprises four (4) free market residential units, two (2) of which can be delivered vacant. The ground floor retail space is leased to a pharmacy under a recently executed lease that runs through 2038. Additionally, the property is protected under Tax Class 2A, which limits property tax increases year over year.
Located along the highly trafficked Fulton Street corridor, the property enjoys exceptional visibility and strong pedestrian activity. It is also conveniently situated just two blocks from the Crescent Street Subway Station, served by the J and Z lines.
- 3,600
SF - 5
Units - $402
PPSF - 9.37%
Cap Rate - $17,835
ANNUAL TAX BILL
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INVESTMENT HIGHLIGHTS
exclusive agents
Chase Kirkpatrick
Manhattan Office
(718) 701-0068
Josh Lipton
Manhattan Office
212 596 7579
Andrew Levine
Manhattan Office
212 596 7570
Steven Soto
Manhattan Office
(718) 808-8879
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