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1822 Fulton St 2,616 SF 100% Leased Retail Building Brooklyn, NY 11233 $1,950,000 ($745.41/SF) 6.80% Cap Rate
Executive Summary
Introducing 1822 Fulton Street — a mixed-use brick townhouse offering prime visibility and versatile potential in the heart of Bedford-Stuyvesant. Three-story masonry building with large storefront.
Currently configured as a two-family residence with one ground-floor commercial unit, the property combines classic Brooklyn architecture with exceptional investment and end-user opportunity.
With an as-built FAR of 1.70 and a maximum allowable FAR of 4.66, 1822 Fulton offers significant remaining buildable potential — over 4,500 square feet — for future expansion or redevelopment.
Positioned near major transit options, neighborhood amenities, and the continued growth of Bedford-Stuyvesant and nearby Bushwick, this property presents a rare opportunity to acquire a high-visibility asset with both current cash flow and long-term upside.
Zoned for mixed use and ready for vision, 1822 Fulton Street is a smart addition to any investor or owner-operator’s Brooklyn portfolio.
Currently configured as a two-family residence with one ground-floor commercial unit, the property combines classic Brooklyn architecture with exceptional investment and end-user opportunity.
With an as-built FAR of 1.70 and a maximum allowable FAR of 4.66, 1822 Fulton offers significant remaining buildable potential — over 4,500 square feet — for future expansion or redevelopment.
Positioned near major transit options, neighborhood amenities, and the continued growth of Bedford-Stuyvesant and nearby Bushwick, this property presents a rare opportunity to acquire a high-visibility asset with both current cash flow and long-term upside.
Zoned for mixed use and ready for vision, 1822 Fulton Street is a smart addition to any investor or owner-operator’s Brooklyn portfolio.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,616 SF
Building Class
C
Year Built
1901
Price
$1,950,000
Price Per SF
$745.41
Cap Rate
6.80%
NOI
$132,600
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.63
Lot Size
0.04 AC
Zoning
R6,Brooklyn,(S2) - indicates a medium-density residential district
Frontage
22’ on Fulton St
Walk Score®
Walker's Paradise (90)
Transit Score®
Rider's Paradise (96)
Bike Score®
Very Bikeable (73)
Nearby Major Retailers
Property Taxes
| Parcel Number | 01703-0007 | Improvements Assessment | $68,940 |
| Land Assessment | $11,580 | Total Assessment | $80,520 |
Property Taxes
Parcel Number
01703-0007
Land Assessment
$11,580
Improvements Assessment
$68,940
Total Assessment
$80,520
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1822 Fulton St
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