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198 Hull Street , Brooklyn, NY 11233

$2,000,000

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BEDS0 BATHS MLS#1004962

STATUSActive PROPERTY TYPECommercial - SCHOOLBrooklyn 23

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Property 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.

198 Hull Street | MLS# 1004962

This commercial property located at 198 Hull Street , Brooklyn, NY 11233 is currently listed for sale with an asking price of $2,000,000. Hull Street is located within the Brooklyn 23 school district. Search Brooklyn real estate on www.laffey.com today.

Property Features

Property Type: Commercial -

Basement: See Remarks

Cooling: Wall/Window Unit(s)

Fenced: Yes

Heating: Oil

Home Style: Row Dwelling

Lot Size: 0.06 Acres

Stories: 3.0

Taxes: $8,970

Year Built: 1910

Feature Descriptions

Building Area Total: 4875

Cap Rate: 9

Days on Site: 1

Exterior: Brick

Fencing: Fenced

On Market Date: 2026-05-27

Parcel Number: 3-01540-0016

Parking Features: On Street

Property Attached Y/N: 1

Rental Term: Monthly

Sewer: Public Sewer

Tenant Pays: Electricity, Gas

Units: 6

Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected

Water: Public

Local Schools

High School: Brooklyn Collegiate

Middle School: Brooklyn Collegiate

Elementary School: Brooklyn Landmark Elementary School

School District: Brooklyn 23

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198 Hull Street , Brooklyn, NY 11233

Property Description

198 Hull Street | MLS# 1004962

Property Features

Feature Descriptions

Local Schools

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198 Hull Street , Brooklyn, NY 11233

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