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    2849 Fulton St Brooklyn, NY 11207

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    For Sale
    $2,400,000

    Retail space in Brooklyn with potential for residential expansion.

    Lot size:
    0.15 Acres

    Property Features for 2849 Fulton St

    General Information

    Lot size
    0.15 Acres

    Building Details

    Year built
    1930

    Source: RE/MAX Distinguished Hms.&Prop Agent Hermi Aquino

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

    Overview

    Brooklyn Retail Space with Air Rights

    This property offers a substantial retail space of over 6,628 square feet in the Cypress Hills area of Brooklyn. The building includes air rights that allow for the addition of 6,115 square feet of residential space. The location provides convenient access to subway lines J, Z, A, and C, as well as multiple bus lines and major highways. It is also situated near schools and shopping areas, making it a potentially desirable location for various business uses.
    Insight Report Location Intelligence

    Current Use by Public Records

    Sajoma Cargo Express Shipping Service Crane Cooling Corporation Appliance Store Lema Refrigeration Appliance Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.889572
    Latitude
    40.678556

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    FAQs

    What type of property is this?
    Retail space - Retail space in Brooklyn with potential for residential expansion.
    Where is this retail space located?
    The property is located at 2849 Fulton St Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $2,400,000.
    What are key features of this property?
    This property features: - Massive retail space: 6,628 sq ft of retail space.; - Development potential: Air rights allow for an additional 6,115 sq ft of residential space.; - Prime location: Located in the Cypress Hills section of Brooklyn.
    (646) 685-6269
    Request Owner's contact information
    2849 Fulton St Brooklyn, NY 11207
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    Brooklyn, NY 11207
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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
    2849 Fulton St Brooklyn, NY 11207
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