Property Description

Investment Opportunity:
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 distance 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.

Features
: Flat
Address Map
11233
Hull
198
Street
0
W74° 5' 32.6''
N40° 40' 47''
MLS Addon
: Multi-family
6
3
: Refrigerator
: Carpeting
117660
Keller Williams Realty Landmar
Winston Williams
will472
$0
$0
: Finished, Full
: Brick
: Active
$8,393

Residential For Sale

198 Hull Street, Brooklyn, New York 11233

12 Bedrooms
4,875 Sqft
$2,000,000
Listing ID #492611
Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : 492611
Price : $2,000,000
Bedrooms : 12
Square Footage : 4,875 Sqft
Year Built : 1910
Lot Area : 2,500 Sqft
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