About 198 Hull
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. PLEASE CONDUCT DUE DILLIGENCE AS INFORMATION REPRESENTED ON PUBLIC FACING WEBSITES MAY BE DEEMED INACCURATE.
