Buy with Yoreevo
$1,965,000
List Price: $2,000,000
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198 Hull Street
House in Ocean Hill •  building info
studio • 2,500ft² $800 per ft²
Buy with Yoreevo

$1,965,000

List Price

$2,000,000

Key Details
Days on market
220
Last price change
loading...
Estimated payment
$11,782/mo
Taxes
$699/mo
Maintenance
N/A
Description
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. PLEASE CONDUCT DUE DILLIGENCE AS INFORMATION REPRESENTED ON PUBLIC FACING WEBSITES MAY BE DEEMED INACCURATE.

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Building amenities
Services and facilities
Parking Available
Building info

History
What it'll cost
Purchase price
$2,000,000
Asking Price: $2,000,000
Term
30 Years
Down Payment
$200,000 (10%)
Min: 10% (200,000)
Rate
6.25 %
Mortgage Amount
$1,800,000
Mortgage Payment
$11,083
Taxes
$699
Estimated Yoreevo rebate
$35,000
Estimated closing cost
$75,000
Total monthly cost $11,782
Buy your dream home with us and get an estimated $35,000 rebate.
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Listing Courtesy of Keller Williams Rlty Landmark

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