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    589 Fulton St Brooklyn, NY 11201

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    For Lease
    Contact for pricing

    Prominent retail space with high pedestrian traffic in Brooklyn.

    Property size:
    1,671 SF
    Lot size:
    0.65 Acres

    Property Features for 589 Fulton St

    General Information

    Size
    1,671 SF
    Lot size
    0.65 Acres

    Source: Good Space NYC Agent Madeleine Naro

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Retail Space in Brooklyn

    This retail space is located on the most trafficked street in Brooklyn, experiencing 12 million pedestrians annually on the corner of Flatbush Avenue. The property offers 1671 square feet of space. Logical divisions are considered at Grade. The property is situated in Greater Downtown Brooklyn, which has seen a population growth of 67% in the last decade. The lower level may be rented separately to a single tenant. It is the most prominent retail box in Brooklyn.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.979887
    Latitude
    40.689213

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    FAQs

    What type of property is this?
    Retail space - Prominent retail space with high pedestrian traffic in Brooklyn.
    Where is this retail space located?
    The property is located at 589 Fulton St Brooklyn, NY.
    What are key features of this property?
    This property features: - Located on the most trafficked street in Brooklyn.; - **12M pedestrians a year** on the corner of Flatbush Avenue.; - **Most prominent retail box in Brooklyn.**
    (718) 225-9900
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    Brooklyn, NY 11201
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    589 Fulton St Brooklyn, NY 11201
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