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Vacant Building

Newly Constructed Storefront and Multi family Corner Lot

3025 Fulton St, Brooklyn, NY 11208

Listing Price: $7,182,238

Number of Units
12
Number of Suites
12

Investment Overview

Marcus & Millichap is pleased to offer for sale a mixed-used property located at 3025 Fulton Street, Brooklyn, New York, 11208. (Block & Lots: 03942-0012). The gross leasable square footage is 12,054 SF. 3025 Fulton’s lot dimensions are 102.19 feet x 103.34 feet and contain a 5,105 SF retail with 4,710 SF of cellar storage and eight 2-bedroom units averaging at 940 SF. The Property has been recently built in 2008 and has never been occupied. The lot is zoned for R6A, C2-4, EC-6. All units for the properties are separately metered for utilities and provide ease of management. This is an opportunity to invest in dynamic sections of East New York.

Investment Highlights

  • Subject Property is a Three-Story Mixed-Use Building with a Total Gross Leasable Area of 19,600 Square Feet, Situated on a 9,462 Square-Foot Hard Corner Lot
  • Property is Zoned R6 with C2-4 Overlay, and is Associated with Unused 10,030 Square-Feet of Air Rights
  • Subject Asset Features Eight Residential Units, Four Commercial Suites, 4,710 Square Feet of Storage and 2,265 Square Feet of Garage Space
  • High Visibility to Robust Traffic Counts on Fulton Street (13,655 VPD) and Nearby Atlantic Avenue (49,386 VPD) | Queens Midtown Expressway Serves Over 81,483 VPD Less than One Mile from Subject (Source: NYDOT, CoStar 2020 Estimates)
  • Transportation Via Subway (J Train) is Less Than a Mile Away from Multiple Stations Serving Over 1.4 Million Riders Annually | Subject is Located an Approximate 40-Minute Train Ride from Lower Manhattan
  • Subject is Located Five Miles West of John F. Kennedy International Airport, Serving Over 62 Million Passengers Annually, the Sixth Busiest Airport in the United States | Subject is Ten Miles South of LaGuardia Airport with 30M Annual Passengers

Exclusively Listed By

Vacant Building

Newly Constructed Storefront and Multi family Corner Lot

Listing Price: $7,182,238

Number of Units
12
Number of Suites
12

Investment Highlights

  • Subject Property is a Three-Story Mixed-Use Building with a Total Gross Leasable Area of 19,600 Square Feet, Situated on a 9,462 Square-Foot Hard Corner Lot
  • Property is Zoned R6 with C2-4 Overlay, and is Associated with Unused 10,030 Square-Feet of Air Rights
  • Subject Asset Features Eight Residential Units, Four Commercial Suites, 4,710 Square Feet of Storage and 2,265 Square Feet of Garage Space
  • High Visibility to Robust Traffic Counts on Fulton Street (13,655 VPD) and Nearby Atlantic Avenue (49,386 VPD) | Queens Midtown Expressway Serves Over 81,483 VPD Less than One Mile from Subject (Source: NYDOT, CoStar 2020 Estimates)
  • Transportation Via Subway (J Train) is Less Than a Mile Away from Multiple Stations Serving Over 1.4 Million Riders Annually | Subject is Located an Approximate 40-Minute Train Ride from Lower Manhattan
  • Subject is Located Five Miles West of John F. Kennedy International Airport, Serving Over 62 Million Passengers Annually, the Sixth Busiest Airport in the United States | Subject is Ten Miles South of LaGuardia Airport with 30M Annual Passengers

Investment Overview

Marcus & Millichap is pleased to offer for sale a mixed-used property located at 3025 Fulton Street, Brooklyn, New York, 11208. (Block & Lots: 03942-0012). The gross leasable square footage is 12,054 SF. 3025 Fulton’s lot dimensions are 102.19 feet x 103.34 feet and contain a 5,105 SF retail with 4,710 SF of cellar storage and eight 2-bedroom units averaging at 940 SF. The Property has been recently built in 2008 and has never been occupied. The lot is zoned for R6A, C2-4, EC-6. All units for the properties are separately metered for utilities and provide ease of management. This is an opportunity to invest in dynamic sections of East New York.

Exclusively Listed By

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