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- LoopNet Team
1014 Fulton St
Brooklyn, NY 11238
Retail Property For Sale
Property Facts
Amenities
- Signage
About 1014 FULTON ST , BROOKLYN, NY 11238
The four-story building is located between Downing Street and Irving Place and is comprised of three residential units and one commercial unit, totaling 4,400 gross SF. The commercial unit is occupied by Outpost Café with a lease expiring in 2027. The property has an annual income of ~$133,040 and a projected NOI of ~$101,649. The large, floor through, three-bedroom residential units have had recent renovations done to the kitchens and bathrooms. The current tenants are paying below-market rents at an average of ~$30/SF, allowing for immediate upside upon lease expiration without tremendous capital improvements needed.
Property Taxes
| Parcel Number | 02015-0026 | Improvements Assessment | $432,000 |
| Land Assessment | $182,250 | Total Assessment | $614,250 |
Property Taxes
