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$1,700,000
Property 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.
Full Property Details
Full Property Details for 1941 Fulton St
General
- Price: $1,700,000
- Taxes: $1,812
- Status: Active
- Type: Multi-Family
- Source: Long_Island
- MLS ID: 898475
- Updated: 8/6/2025
- Added to Site: 164 day(s) ago
Interior
- Interior Features: Other
Location
- County: Kings (Brooklyn)
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air, Other
Utilities
- Sewer: None
- Water: None
- Utility Description: None
Structural Information
- Detached/Attached: Detached
- Construction: Other
- Basement Desc.: None
- Building Size: 1530
- Square Feet: 1,530
- Year Built: 1899
Lot Features
- Lot Size (Acres): 0.0345
- Lot Size (Sq. Ft.): 1,503
Financial Considerations
- Tax Amount: $1,812.48
Disclosures and Reports
- Special Conditions: None
- Property ID: 01531-0063
Listed by Pomp Realty Advisors Inc
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Schools
Schools serving 1941 Fulton St
School District:New York City Geographic School District 16
| Name | Grades | Distance |
|---|---|---|
Ps 40 George W Carver 265 Ralph Avenue, Brooklyn, NY 11233 | K-5 | 0.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1941 Fulton St
Date
Details
Price
Change
Source
8/06/2025
Listed
$1,700,000
39.49%
MLS
8/19/2021
Sold
$1,218,750
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1941 Fulton St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,914
6%
$9,530
-86%
2024
$1,812
1%
$68,280
13%
2023
$1,791
5%
$60,360
6%
2022
$1,710
-49%
$57,060
30%
2021
$3,347
99%
$44,040
-5%
2020
$1,681
300%
$46,440
1%
2019
$420
111%
$46,140
521%
2018
$199
-75%
$7,432
6%
2017
$802
295%
$7,015
6%
2016
$203
2%
$6,626
—
2015
$199
13%
$6,618
6%
2015
$176
21%
$6,267
1%
2013
$145
—
$6,194
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1941 Fulton St
1941 Fulton Street, Brooklyn, NY 11233 (MLS# 898475) is a Multi-Family property with 2 units containing 0 bedrooms and 0 full bathrooms. 1941 Fulton Street is currently listed for $1,700,000 and was received on August 06, 2025. Want to learn more about 1941 Fulton Street? Do you have questions about finding other Multi-Family real estate for sale in Brooklyn? You can browse all Brooklyn real estate or contact a Coldwell Banker agent to request more information.
