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Mixed-Use

1546 Fulton Street

1546 Fulton St, Brooklyn, NY 11216

Listing Price: $3,000,000

Lot Size
0.42 acres
Price/Acre
$7,101,402
Land Type
Land

Investment Overview

Marcus and Millichap has been chosen to exclusively represent ownership in the sale of 1546 Fulton Street, a development site that currently features a two-story mixed-use property. The property is located on Fulton Street between Kingston Avenue & Albany Avenue in the Bedford – Stuyvesant neighborhood of Brooklyn. The subject property was built in 1910 and the lot measures 31 feet wide by 106 feet deep. The property is zoned R7D, C2-4. The subject property falls in a designated inclusionary housing zone, affording it a bump from its normal residential FAR of 4.2 to 5.6 with inclusionary housing. The subject property is located on the same block as the Fulton Street & Kingston Avenue "A" and "C" Train Station, providing easy access to Manhattan and the rest of Brooklyn.

Investment Highlights

  • Unique Fulton Street Development Site
  • 18,402 Square Feet of Total Available Residential Air Rights with Inclusionary Housing
  • Lot Dimensions are 31 Feet x 106 Feet, Totaling 3,286 SF – Zoned R7D, C2-4

Exclusively Listed By

Listing Price: $3,000,000

Lot Size
0.42 acres
Price/Acre
$7,101,402
Land Type
Land

Investment Highlights

  • Unique Fulton Street Development Site
  • 18,402 Square Feet of Total Available Residential Air Rights with Inclusionary Housing
  • Lot Dimensions are 31 Feet x 106 Feet, Totaling 3,286 SF – Zoned R7D, C2-4

Investment Overview

Marcus and Millichap has been chosen to exclusively represent ownership in the sale of 1546 Fulton Street, a development site that currently features a two-story mixed-use property. The property is located on Fulton Street between Kingston Avenue & Albany Avenue in the Bedford – Stuyvesant neighborhood of Brooklyn. The subject property was built in 1910 and the lot measures 31 feet wide by 106 feet deep. The property is zoned R7D, C2-4. The subject property falls in a designated inclusionary housing zone, affording it a bump from its normal residential FAR of 4.2 to 5.6 with inclusionary housing. The subject property is located on the same block as the Fulton Street & Kingston Avenue "A" and "C" Train Station, providing easy access to Manhattan and the rest of Brooklyn.

Exclusively Listed By

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