Lucia Villamar

198 Hull Street , Brooklyn, NY 11233

$2,000,000
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Agent photo

Lucia Villamar
Call: (631) 741-1218
Text: (631) 741-1218

New to the Market
BEDS0 BATHS MLS#1004962
STATUSActive PROPERTY TYPECommercial - SCHOOLBrooklyn 23

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 luciavillamar.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
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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Preferred Communication Method

Listed By / Shown By

Listing By

Agency Name: Douglas Elliman Real Estate
Agency Contact: 917-900-7394

Shown By

Agent Name: Lucia Villamar
Agent Phone: (631) 741-1218
Agency Title: Laffey Real Estate

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