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1485 Fulton St
Brooklyn, NY 11216
Income-Producing Mixed-Use Building · Multifamily Property For Sale
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2 Units
Investment Highlights
- Prime location on Fulton Street which is a major roadway in Brooklyn and sees over 13,000 vehicles per day, and even more foot traffic.
- The property is fully occupied with a great potential to increase the Income, due to the fact that All Units are currently rented 30% below market.
- The population in a two-mile radius has expanded 0.9% over the past few years and incomes are high at $90,352.
- Opportunity to purchase a stabilized investment in the Bedford-Stuyvesant neighborhood of Brooklyn.
- Excellent accessibility as The Kingston - Throop and Nostrand Avenue Subway stops are within three blocks of the property.
- Surrounded by neighborhood amenities including Super Foodtown of Bedford Stuyvesant, Blink Fitness, McDonald’s, Chase Bank, McDonald’s, and more.
Property Facts
| No. Units | 2 | Lot Size | 0.02 AC |
| Property Type | Multifamily | Building Size | 2,470 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1910 |
| Building Class | C | ||
| Zoning | R6A, C2-4 - R6 - Medium density residential district | ||
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.02 AC |
| Building Size | 2,470 SF |
| No. Stories | 3 |
| Year Built | 1910 |
| Zoning | R6A, C2-4 - R6 - Medium density residential district |
Property Taxes
| Parcel Number | 01857-0020 | Improvements Assessment | $117,240 |
| Land Assessment | $13,560 | Total Assessment | $130,800 |
Property Taxes
Parcel Number
01857-0020
Land Assessment
$13,560
Improvements Assessment
$117,240
Total Assessment
$130,800
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