#H6332583, Listing Office: Smart Realty Services Corp.
198 Hull St Brooklyn, NY 11233
Property details
About 198 Hull St
Investment Opportunity: Introducing a prime multifamily investment in the heart of Ocean Hill, Brooklyn. This three-story, 6-unit building offers a blend of stability and potential growth, making it an ideal addition to any investor's portfolio. Property Highlights Unit Mix: Six spacious 2-bedroom, 1-bathroom apartments One unit reserved for owner. Ocean Hill is a vibrant and evolving neighborhood nestled between Bedford-Stuyvesant, Crown Heights, and Brownsville. Known for its strong community spirit and excellent transportation links, the area offers residents a blend of urban convenience and neighborhood charm. Transportation: Subway Access: Short distance to A, C, J, Z, and L trains at Broadway Junction, providing swift connections to Manhattan and beyond Bus Routes: Multiple bus lines serving the area Local Amenities: Parks: Directly across from Hull Street Community Garden; near Marion Hopkinson Playground and Callahan-Kelly Playground Dining & Shopping: Proximity to a variety of cafes, restaurants, and shops along Bushwick and Broadway Avenues Investment Potential With 6 occupied units and cash flow, this property provides both steady income and the opportunity for increased revenue. The ongoing revitalization of Ocean Hill, including infrastructure improvements and commercial developments, suggests strong appreciation potential. The building's R6 zoning also opens doors for future expansion or redevelopment.
Highlights
Summary
- Full Bathrooms: 6
- Appliances: Refrigerator
- Basement: Yes
- Flooring Type: Carpeting
- Total Bedroom Count: 12
- Attached Garage: No
- Parking: None, Street
- Heating: Steam, Natural Gas
- List Price: $2,000,000
- Price/SqFt: $410
- Year Built: 1910
- Stories: 3
- Living Area: 4,875 SqFt
- MLS Number: 492611
- Office Name: Keller Williams Realty Landmar
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Last updated on: 5/13/2025, 5:20:25 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$2,000,000
198 Hull St
$10,000
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Price information
Property sales
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Tax history
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Nearby schools
8
Brooklyn Landmark Elementary School
Public District PK-5
0.2 mi
•251 MacDougal St
6
PS/Intermediate School 137 Rachael Jean Mitchell
Public District PK-5
0.5 mi
•121 Saratoga Ave
5
P.S./I.S. 045 Horace E. Greene
Public District KG-5
0.5 mi
•84 Schaefer St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $36,563. Residents of Brooklyn, NY typically earn less than $<35k each year. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.
Similar homes for sale
This home is located at 198 Hull St in Brooklyn, NY and zip code 11233 in the Stuyvesant Heights neighborhood. This 4,875 square foot home was built in 1910. Features: 12 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since May 10, 2025 and is currently priced at $2,000,000.
Brooklyn, NY housing market in April 2025 saw over 38 listings sold above listed price, more than 194 sold at listed price and over 146 sold below. The inventory of homes for sale in Brooklyn, NY between March and April 2025 increased by 2.3%. Listings spent 121 days on the market in April 2025, and had a median list price of $994,292 during the same period.