1941 Fulton Street

Description

Located in the heart of Stuyvesant Heights, 1941 Fulton Street offers a rare opportunity to own a well-positioned 2-family residential property in one of Brooklyn's most consistently in-demand rental markets. The building features two floor-through 2-bedroom units, approximately 750 sq ft each, with strong upside. While the property is livable and currently tenant-occupied, it could benefit from light cosmetic updates to reach full market potential. The property generates a stable $6,500/month in income, with tenants on annual leases, supported by Section 8 and CityFHEPS programs offering reliable, government-backed rental payments. This makes it a solid, low-risk investment for landlords looking for dependable cash flow from day one. Additional highlights include a basement, outdoor space, and roof access, providing added flexibility for future upgrades or amenities. Zoned R6B, this property is ideal for long-term hold investors looking for stable income in a neighborhood with upward potential. Located just steps from Ralph Ave station (C train) and within walking distance to restaurants, shops, schools, and cultural institutions, the location is both convenient and highly desirable to tenants.