New York, NY 11233

Property

Ownership: For Sale
Type: Multi-Family
Bedrooms: Studio
Lot Size: 0.1 Acres

Financials

Price:$2,000,000
Annual Taxes:$8,970.24
Listing Courtesy of Douglas Elliman Real Estate

198 Hull Street is a six family brick multifamily property located in the Bed Stuy Ocean Hill section of Brooklyn.

Description

198 Hull Street is a six-family brick multifamily property located in the Bed-Stuy/Ocean Hill section of Brooklyn. Built in 1908, the property spans approximately 5,400 SF on a 25’ x 100’ lot and consists of six spacious 2-bedroom, 1-bath apartments, each with additional home office space. The building features electric, roof, and gas boiler systems, along with an onsite superintendent. Convenient access to the A, C, J, Z, and L subway lines provides strong connectivity throughout Brooklyn and Manhattan. The property is classified as Tax Class 2A, which may help limit future property tax increases, subject to applicable laws and regulations. Flexible R6 zoning may offer future development or community facility potential, subject to verification and approvals by all relevant governmental authorities. Positioned near Bed-Stuy, Bushwick, and Broadway Junction, 198 Hull Street presents an opportunity for investors seeking a well-located multifamily asset in a growing Brooklyn market.

Amenities

  • Cable Connected
  • Electricity Connected
  • Natural Gas Connected
  • Sewer Connected
  • Trash Collection Public
  • Water Connected

Long Island MLS

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.