3043 Fulton Street, Brooklyn, NY, 11208 | $1,625,000

Introducing an exceptional three-story mixed-use building featuring two new beautifull residential apartments and a spacious commercial storefront. Each apartment offers a modern and convenient layout with three bedrooms and one bathroom, complemented by soaring 9-foot ceilings, private balconies, and split-system air conditioning. The units have been tastefully updated, providing a contemporary and comfortable living experience. The commercial space consists of approximately 1, 196 sq. ft. on the first floor, plus an additional 1, 196 sq. ft. in the finished basement. The basement is legally equipped with three half-bathrooms and features high ceilings, offering excellent flexibility for a variety of business uses. Adding to the property's income potential, the rooftop includes an independent electric meter and presents a unique opportunity for advertising revenue exposure to thousands of daily commuters traveling along the J train line. The property is being sold with active lease agreements currently in place, generating approximately $12, 000 in monthly rental income.

Features

  • Bedrooms: 6
  • Baths: 2 full
  • Style: Mid Rise
  • Year Built: 1930
  • Heating: Heat Pump, Natural Gas, Other
  • Cooling: Ductless
  • Basement: See Remarks
  • Est. Taxes: $13,690
  • Elem. School: Ps 108 Sal Abbracciamento
  • Middle School: Liberty Avenue Middle School
  • High School: Transit Tech Career And Tech Edu
  • School District: Community District 19
  • MLS#: 1005681
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /eprop/1005681/3043fultonstreet_brooklyn_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Sestito GroupSales Associates

SestitoGroup@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Scott PetersenVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 32556

339.224.0866

Scott.Petersen@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Nicole DelaneyInsurance Sales Director, William Raveis Insurance

781.724.3515

Nicole.Delaney@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

3043 Fulton Street, Brooklyn, NY, 11208

$1,625,000

Sestito Group

Sales Associates

William Raveis Real Estate

Phone: 781.383.0759

SestitoGroup@raveis.com

Scott Petersen

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 339.224.0866

Scott.Petersen@raveis.com

NMLS Mortgage Loan Originator ID 32556

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,300,000 $1,300,000 $1,300,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.250% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.165% 6.361% 6.183%
Monthly Tax Payment $1,141 $1,141 $1,141
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $7,381 $8,004 $10,970
Total Monthly Payment $8,647 $9,270 $12,236

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.