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.
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: 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
Listed By / Shown By
Listing By
Agency Name: Douglas Elliman Real Estate
Agency Contact: 917-900-7394
Shown By
Agency Title: Coldwell Banker Choice Properties
Agency Phone: 833-88-CHOICE (2-4642)
Broker Headquarters, 621 Columbia St. Suite 800, Cohoes, NY 12047
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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.coldwellbankerchoice.com today.