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575 MADISON AVENUE, NEW YORK, NY 10022. 212.891.7000 © 2025 DOUGLAS ELLIMAN REAL ESTATE. EQUAL EMPLOYMENT OPPORTUNITY PROVIDER. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES, OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS, AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT, OR ZONING EXPERT. EQUAL HOUSING OPPORTUNITY.LISTING DATA REFRESHED ON MAY 15 2025 AT 4:52 AM.

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3299 Fulton St

brooklyn, New York 11208

$1,699,999

    INTERESTED? LET'S CONNECT

    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.

    Details

    3,645 Sq Ft

    1,615 Sq Ft Exterior Space

    Other

    $6,282 Annual Tax

    Built in 1920

    MLS/Listing ID 7282492

    3 Stories

    Amenities & Features

    Flat

    Heating - Oil

    Block

    Hardwood

    Construction - Brick

    Listing Courtesy of RE/MAX CENTRAL, JOSE L. PAUCAR - 732-972-1000

    BNY

    Source of Data: BROOKLYN MLS

    Interested in 3299 Fulton St?