198 Hull Street Brooklyn, NY $ 2,000,000
198 Hull Street
$ 2,000,000
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198 Hull Street

Brooklyn, NY, 11233
$ 2,000,000
Bedrooms-- Baths-- Sq 4,875

Monthly Estimate*

$ 12,314

198 Hull Street, Brooklyn, NY 11233 - Image 1

Commercial Property for sale in Brooklyn, NY

for $2,000,000. This 4,875 square foot building was built in 1910 on a lot size of 0.0574.

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.

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Commercial Active

Price

$ 2,000,000

Property Type

Commercial

Taxes

$ 8,970

Style

Row Dwelling

Lot Size

0.0574

Year Built

1910

Town/City

Brooklyn

County/Region

Kings

MLS | Web ID

1004962

Features
General
Sewer Public Sewer
Heating Oil
Cooling Wall/Window Unit(s)
Utilities Cable Connected Electricity Connected Natural Gas Connected Sewer Connected Trash Collection Public Water Connected
Zoning R6
Architectural Style Row Dwelling
Construction Materials Brick
Year Built 1910
Tenant Pays Electricity Gas
Property Subtype Multi Family
Tax Year 2026
Parcel Number 3-01540-0016
Gross Income 176840
County Kings (Brooklyn)
Operating Expense 16700
Property Type Commercial Sale
High School Brooklyn Collegiate
City New York
High School District Brooklyn 23
Number Of Units Total 6
Elementary School Brooklyn Landmark Elementary School
Property Attached Y/N Y
Tax Annual Amount 8970.24
Middle/Junior High School Brooklyn Collegiate
Structure Type Row Dwelling
Building Area Units Square Feet
Standard Status Active
Middle/Junior School District Brooklyn 23
Elementary School District Brooklyn 23
Cap Rate 9
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Interior
Basement See Remarks
Total Stories 3
Basement Features See Remarks
Basement (Y/N) Y
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Exterior
Fencing Fenced
Parking Features On Street On Street
Water Source Public
Building Area Total 4875
Waterfront Y/N N
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Internal Only
Street Number 1 198
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* Excluded Features
List By
Moin Siddiqui

Listing Agent

Douglas Elliman Real Estate

Broker

917-900-7394

Contact

Affordability Calculator

$13,062
Per Month
94%
6%
0%
Monthly Principal & Interest
$12,314
Monthly Property Taxes
$748
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4098795 Elementary School
4101249 Middle School
Brooklyn Collegiate High School High School
Pricing History
DatePricePrice ChangeDescription
5/27/2026$2,000,000 Listed Price

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198 Hull Street, Brooklyn, NY, 11233 is a Commercial Property for sale at $2,000,000 with 4,875 sqft and a lot size of 0.0574. 198 Hull Street was built in 1910. The property's zip code is 11233 which is in Brooklyn, NY