1245 Fulton St Brooklyn, NY 11216
16,073 SF Brooklyn building with tax abatement.
Type:Retail
Property size:
16,073 SF- Added:
- Jun 7, 2023
- Days on Market:
- 1051
- Last Refresh:
- Mar 17 at 1:24 pm
Property Features for 1245 Fulton St
General Information
- Standard status
- Active
- Size
- 16,073 SF
- Property subtype
- Retail
Listing agent Tony Hack License #NY 10301214951
Listing office East Coast Realtors
Listing date Jun 7, 2023
Source Crexi
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 East Coast Realtors
Overview
Brooklyn Retail Building with Abatement
The building offers approximately 16,073 square feet of space, with 7,860 square feet on the ground floor and 8,213 square feet in the lower level. A tax abatement is in place for 25 years, offering inflation protection for 10% of the building. The remaining 90% of the building benefits from a 15-year abatement schedule, also providing inflation protection.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Planet Fitness
Gym & Fitness Center
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.952256
- Latitude
- 40.680738
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FAQs
What type of property is this?
Retail space - 16,073 SF Brooklyn building with tax abatement.
Where is this retail space located?
The property is located at 1245 Fulton St Brooklyn, NY.
What is the asking price?
The asking price for this property is $11,500,000.
What are key features of this property?
This property features: 25‑year tax abatement offering inflation protection for 10% of the building.; 15‑year tax abatement offering inflation protection for 90% of the building.; Building size is approximately 16,073 SF.
