New Listing - 05/10/2025
198 Hull Street, New York, (Brooklyn), NY, 11233
1910
Investment Opportunity: 198 Hull Street, Brooklyn, NY 11233 Introducing a prime multifamily investment in the heart of Ocean Hill, Brooklyn. This three-story, 6-unit building offers a blend of stability and potential growth, making it an ideal addition to any investor's portfolio. Property Highlights Unit Mix: Six spacious 2-bedroom, 1-bathroom apartments One unit reserved for owner. Ocean Hill is a vibrant and evolving neighborhood nestled between Bedford-Stuyvesant, Crown Heights, and Brownsville. Known for its strong community spirit and excellent transportation links, the area offers residents a blend of urban convenience and neighborhood charm. Transportation: Subway Access: Short walk to A, C, J, Z, and L trains at Broadway Junction, providing swift connections to Manhattan and beyond Bus Routes: Multiple bus lines serving the area Local Amenities: Parks: Directly across from Hull Street Community Garden; near Marion Hopkinson Playground and Callahan-Kelly Playground Dining & Shopping: Proximity to a variety of cafes, restaurants, and shops along Bushwick and Broadway Avenues Investment Potential With 6 occupied units and cash flow, this property provides both steady income and the opportunity for increased revenue. The ongoing revitalization of Ocean Hill, including infrastructure improvements and commercial developments, suggests strong appreciation potential. The building's R6 zoning also opens doors for future expansion or redevelopment.
Status:
Active
Town:
New York
Type:
Commercial
Units:
6
Cooling:
None
Basement:
Finished, Full
Acreage:
0.06
Est. Taxes:
$8,393
Assessment
$366,120
Construction
Brick
Utilities
Electricity Connected
Days on Market:
1
MLS #:
860461
Community Info
School Info
Walk Score
Mass Transit
Yelp
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Listing courtesy of Keller Williams Rlty Landmark 718-475-2700