1223 Fulton Street

1223 Fulton St
Bedford-Stuyvesant

$2,100,000
Price
9
Beds
—
Baths
5,200 Sq. Ft.
$404 / Sq. Ft.
5,200
Sq. Ft.
$404
per Sq. Ft.
a street sign on a street corner
a view of a hallway with a room
a view of a bed room with furniture and lamp
a bathroom with a shower sink and mirror
a bedroom with a bed and a desk
a kitchen with a stove and a sink
a view of a room with gym equipment
a black and white building
a close view of water heater room
a view of store
a view of parking

Description

1223 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...1223 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 $2,100.000 current Monthly Rent Roll: $16,372 Annual Gross Income: $196,464 Current Cap Rate: Approx. 10% (All residential and retail units fully leased) RESIDENTIAL UNITS ARE UNDER RENT CONTROL . 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: $196,464.000 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, 1223 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. 1223 Fulton Street stands as a testament to enduring value and urban opportunity — an investment built for today’s returns and tomorrow’s appreciation.
  1. Listed by Mohammed Rasel • Exit Realty Continental
    P: (718)-255-1555 C: (917)-470-3438 realtorraselny@gmail.com
  2. Listed by Mohammad S. Hossin • Exit Realty Continental
    P: (718)-255-1555 C: (862)-888-1400 mohammadnyc1978@gmail.com

Property Details for 1223 Fulton Street

City/Township
New York
Waterfront
No
Section Area
Bedford Ave
LISTING UPDATED: 02/19/2026 12:56 PM

Property Details for 1223 Fulton Street

StatusActive
MLS ID960731
Days on Market9
Taxes$18,503 / year
Maintenance-
Min. Down Pymt-
Total Rooms-
Compass TypeMulti Family
MLS TypeQuadruplex
Year Built1910
Lot Size2,000 SF / 20' x 100'
CountyKings County

Building

1223 Fulton St

7 Units4 StoriesBuilt in 1910

Location

Listing Courtesy of Exit Realty Continental
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Building Information for 1223 Fulton Street

Stories4Residences7Year Built1910Building Size20' x 65'Building Sq. Ft5,200 SFLot Size2,000 SF / 20' x 100'Building Age-Building Type-

Payment Calculator

$11,777 per month

30 year fixed, 6.15% Interest

Principal and Interest

$10,235

Property Taxes

$1,542

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1223 Fulton Street

Summary
Location and General Information
  • Senior Community YN: No
  • Property Attached: Yes
  • Structure Type: true
  • State Or Province: NY
  • Water Access YN: No
School Information
  • School District: Brooklyn 13
  • Elementary School District: Brooklyn 13
  • Elementary School: Ps 3 Bedford Village
  • Middle Or Junior School District: Brooklyn 13
  • Middle Or Junior School: Restoration Academy
  • High School District: Brooklyn 13
  • High School: Bedford Academy High School
Unit Information
Unit 1 Information
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 3
Unit 2 Information
  • Unit Type Beds Total: 6
  • Unit Type Baths Total: 3
Unit Information
  • Number Of 1 Bedrooms: 0
  • Number Of 2 Bedrooms: 0
  • Number Of 3 Bedrooms: 0
  • Number Of 4 Bedrooms: 0
  • Building Units Total: 7
Taxes and HOA Information
Taxes and HOA Information
  • Parcel Number: 01842-0060
  • Tax Assessed Value: $469,350.00
Interior and Exterior Features
Interior Features
  • Amenities: Eat in Kitchen, Galley Type Kitchen, Hardwood Floors As Seen, His and Hers Closets, Natural Woodwork, Public, Stone Counters, Storage, Walk In Closet
  • Interior Features: Eat-in Kitchen, Galley Type Kitchen, His and Hers Closets, Natural Woodwork, Stone Counters, Storage, Walk-In Closet(s)
  • Basement: Full
  • Fireplace: No
  • Location Amenities: Hardwood Floors As Seen, Eat in Kitchen, Galley Kitchen, Storage, Walk In Closet
  • Spa: No
  • Flooring: Hardwood
  • Basement: Yes
Exterior Features
  • Exterior Property Features: Off Street
  • Elevation Certificate: No
  • Construction Materials: Brownstone
  • Pool Private: No
Lot Information
  • Additional Parcel: No
  • Building Area Units: Square Feet
Parking
  • Parking Features: Off Street
  • Garage: No
  • Carport: No
Utilities
  • Cooling: Wall/Window Unit(s)
  • Heating: Baseboard, Electric, Natural Gas
  • Heat Fuel Type: Baseboard, Electric, Natural Gas
  • Number Of Heating Zones: 1
  • Number Of Separate Gas Meters: 7
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected
  • Number Of Separate Electric Meters: 8
Green Features
  • Green Features: Baseboard, Electric, Natural Gas

Property History for 1223 Fulton Street

DateEvent & SourcePriceAppreciation
Feb 11, 2026

Listed (Active)

ONEKEY #960731

$2,100,000—
DateEvent & SourcePrice
02/11/2026

Listed (Active)

ONEKEY #960731

$2,100,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1223 Fulton Street

Taxable ValueLand$8,100Additions$555,300Total$563,400
Home Facts
Total Finished SqFt5,200 SqFtLot Size2,000 SqFtYear Built1910ZoningC45DAPN3018420060

Schools near 1223 Fulton Street

This home is within New York City Geographic District #13.
Rating
School
Type
Grades
Distance
P.S. 3 The Bedford Village
Public - PK to 5
Restoration Academy
Public - 6 to 8
Bedford Academy High School
Public - 9 to 12
Brooklyn Academy High School
Public - 10 to 12
Rating
School
Distance
P.S. 3 The Bedford Village
PublicPK to 5

Restoration Academy
Public6 to 8

Bedford Academy High School
Public9 to 12

Brooklyn Academy High School
Public10 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 1223 Fulton Street, Bedford-Stuyvesant

1223 Fulton Street is a multi-family home for sale in Bedford-Stuyvesant. This property was listed for sale on February 11, 2026 by Exit Realty Continental, it's currently listed at $2,100,000. This listing's school district is New York City Geographic District #13. Nearby schools include P.S. 3 The Bedford Village, Restoration Academy and Bedford Academy High School. 1223 Fulton Street is a 9-bed, 0-bath, 5,200 sqft multi-family home built in 1910.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Exit Realty Continental

Based on information submitted to the MLS GRID as of 02/19/2026 12:56 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.