1166 Fulton Street, Brooklyn

$3,500,000

0 Beds
0 Baths
4,800 Sqft
.05 Acres
0 Garages

1166 Fulton Street, Brooklyn, NY 11216 Prime Mixed-use Investment property / Fully Occupied / STRONG CASH FLOW PROPERTY OVERVIEW Exceptional income-Producing mixed-use building located along one of Brooklyn's most vibrant and active commercial corridors- Fulton Street. This property features (3) spacious two-bedroom apartments and (3) spacious one-bedroom apartments also (1) huge commercial retail space on ground-floor, offering investors a well balanced and diversified income stream in a thriving and rapidly appreciating neighborhood. INVESTMENT SUMMARY Asking Price $3,500.000 current Monthly Rent Roll: $24,600 Annual Gross Income: $295,200 Current Cap Rate: Approx. 10.7% (All residential and retail units fully leased) RESIDENTIAL UNITS ARE FREE RENT MARKET . Configuration: 6 Residential Units + 1 Retail Units Zoning: Mixed-Use (Residential + Commercial) PROPERTY HIGHLIGHTS Turnkey Income Producer: Fully leased and generating immediate returns. : Strong rental demand with opportunity for future rent growth. One Established Retail Tenants: Stable, long-term businesses providing consistent cash flow. Strong In-Place Income: $295,200.000 annual rent roll with low operating expenses. Solid Brick Construction: Well-maintained structure with dependable systems and minimal maintenance needs. Low Management Burden: Ideal for passive investors or 1031 exchange buyers or Owner -users looking to add a solid income-producing asset in a growing neighborhood. LOCATION ADVANTAGE Situated along Fulton Street, one of Brooklyn’s most historic and continuously developing retail arteries, this property benefits from exceptional visibility, heavy foot traffic, and easy transit access. Near A, C, subway lines and multiple MTA bus routes. Surrounded by retail, dining, schools, and residential density driving strong tenant retention. Minutes from key neighborhood hubs, community developments, and new mixed-use projects that continue to elevate property values. High-demand rental area offering long-term appreciation and sustained occupancy. INVESTMENT OUTLOOK With NYC’s rental market at record highs and Brooklyn’s mixed-use assets in constant demand, 1166 Fulton Street presents a rare opportunity to secure a performing, high-yield property in an established yet upward-trending corridor. This asset delivers: Immediate Cash Flow from day one. Strong Long-Term Growth Potential through rent appreciation. Diversified Stability across residential and retail income streams. Whether expanding your Brooklyn portfolio or seeking a secure 1031 exchange replacement property, this investment combines cash flow, stability, and location — the core fundamentals of any high-performing NYC asset. SUMMARY A true Brooklyn investment gem offering both income and upside — fully occupied, established commercial tenants, and prime location within a dynamic retail corridor. 1166 Fulton Street stands as a testament to enduring value and urban opportunity — an investment built for today’s returns and tomorrow’s appreciation.

Schedule a Tour

Mon 20 Apr

Tue 21 Apr

Wed 22 Apr

Thu 23 Apr

Fri 24 Apr

Sat 25 Apr

Sun 26 Apr

Mon 27 Apr

Tue 28 Apr

Wed 29 Apr

Thu 30 Apr

Fri 01 May

Sat 02 May

Sun 03 May

Mon 04 May

Pick your availability to tour:

to
Essential Information
MLS® #965428
Price$3,500,000
Bathrooms0.00
Square Footage4,800
Acres0.05
Year Built1930
TypeCommercial Sale
Sub-TypeMulti Family
StatusActive
Community Information
Address1166 Fulton Street
CityBrooklyn
CountyKings (Brooklyn)
StateNY
Zip Code11216
Amenities
ParkingOff Street
Utilities

Electricity Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Interior
CoolingWall/Window Unit(s)
Has BasementYes
BasementFull
Heating

Baseboard, Electric, Hot Water, Natural Gas

Exterior
ConstructionBlock, Brick
School Information
DistrictBrooklyn 13
ElementaryPs 3 Bedford Village
MiddleRestoration Academy
HighBedford Academy High School
Additional Information
Date ListedFebruary 24th, 2026
Days on Market53
ZoningR7D
Listing Details
Listing Courtesy ofExit Realty Continental
LISTING MAP

Get directions to this property:

Information Copyright 2021, OneKey® MLS. All Rights Reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS.

Listing information last updated on April 20th, 2026 at 7:15pm CDT.