Fully Leased Mixed-Use
For Lease
$3,500,000
1166 Fulton Street, Brooklyn, NY 11216
Brooklyn property combines six residential apartments with a ground-floor retail space in a transit-served commercial corridor.
Space SizeContact for details
Days on Market13
Property Features for 1166 Fulton Street
General Information
Standard status
Active
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$15,370
Building Details
Year Built
1930
Listing Agency:
Exit Realty Continental
(516) 822-1222
Listed By:
Mohammad S. Hossin (mohammadnyc1978@gmail.com)
(631) 321-0100
Source:
Longislandhomeslist
Added: Aug 22
Changed: Aug 28
Last Checked: Sep 2 at 6:03PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Exit Realty Continental
Investment Insights
Based on property information with market context.
Built in 1930, this brick mixed-use building at 1166 Fulton Street contains six residential apartments and one large ground-floor retail space. The residential component includes three two-bedroom units and three one-bedroom units, while the property is fully leased across its residential and commercial spaces. Mixed-use zoning supports the existing combination of housing and retail uses.
The property is positioned on Fulton Street in Brooklyn, near the A and C subway lines and multiple MTA bus routes. The surrounding area includes retail, dining, schools, and residential density. Current operating performance reflects a 10.7% cap rate and $295,200 in annual gross income, with income derived from both apartment and retail occupancy.
The property is positioned on Fulton Street in Brooklyn, near the A and C subway lines and multiple MTA bus routes. The surrounding area includes retail, dining, schools, and residential density. Current operating performance reflects a 10.7% cap rate and $295,200 in annual gross income, with income derived from both apartment and retail occupancy.
Key Highlights
- 6 residential units: 3 two‑bedroom apartments and 3 one‑bedroom apartments
- 1 ground‑floor retail space
- Fully leased residential and commercial spaces
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
6,299
Businesses Nearby
Explore this area
Business Placement
Demographics for 11216, NY
61,251
Population
28,825
Households
2.1
Avg Household Size
34
Median Age
56%
College-Educated
91%
High-School Grad
1.0 sq mi
ZIP Area
61,251
Density / Sq Mi
$95,000
Median Household Income
$61,389
Median Earnings
$2,180
Median Rent
$1,398,400
Median Home Value
Market
Lease Benchmarks for Brooklyn, NY
$35.35 /SF/Yr
Avg Asking Price
$32–$48.75 /SF/Yr
Price Range
7,004 SF
Avg Space Size
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Brooklyn property combines six residential apartments with a ground-floor retail space in a transit-served commercial corridor.
Where is this mixed-use property located?
The property is located at 1166 Fulton Street Brooklyn, NY.
What is the lease rate?
The lease rate is $3,500,000.
What are key features of this property?
This property features: 6 residential units: 3 two‑bedroom apartments and 3 one‑bedroom apartments; 1 ground‑floor retail space; Fully leased residential and commercial spaces
