Two-Family Over Retail
For Sale
Contact for pricing
Pending
1318 Fulton St, Brooklyn, NY 11216
Two residential floor-through apartments sit above ground-floor restaurant space in a mixed-use building.
Days on Market111
Property Features for 1318 Fulton St
General Information
Standard status
Pending
Property subtype
Mixed Use
Zoning
C4-5D
Additional Details
Business Included
Yes
Multifamily Units
2
Building Details
Tenancy
Multi
Listing Agency:
Compass Commercial - The Horne Team
(706) 255-5657
Listed By:
Nathan Horne · License #NY
Source:
Crexi
Added: Apr 12
Changed: Jul 20
Last Checked: Jul 29 at 3:29PM
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 Compass Commercial - The Horne Team
Investment Insights
Based on property information with market context.
1318 Fulton Street is a fully free-market two-family over retail mixed-use building with commercial space on the ground floor and two floor-through residential units above. The residential units are each configured as 2 BR/1 BA and described as receiving lots of light. The ground-floor commercial space is occupied by Copa Cabana Seafood & Brunch, a Caribbean-inspired restaurant/bar, which spent approximately $300,000 on a build-out that includes a backyard for dining and events. The existing rent is $6,869 per month, inclusive of the yard and full basement, and the original term includes 3% or CPI escalations plus a 2026 five-year renewal option.
The building is located on a commercial corridor in western Bedford-Stuyvesant. The C4-5D zoning provides a residential and commercial FAR of 4.2 as-of-right and 5.6 with IH, and the remarks note nearly 4,000 SF of additional air rights.
If you are evaluating redevelopment opportunities, this property is presented alongside 1337 Fulton Street, a six-family over retail building directly across the street, with the ability to purchase either property individually or together.
The building is located on a commercial corridor in western Bedford-Stuyvesant. The C4-5D zoning provides a residential and commercial FAR of 4.2 as-of-right and 5.6 with IH, and the remarks note nearly 4,000 SF of additional air rights.
If you are evaluating redevelopment opportunities, this property is presented alongside 1337 Fulton Street, a six-family over retail building directly across the street, with the ability to purchase either property individually or together.
Key Highlights
- Fully free‑market two‑family over retail mixed‑use building with ground‑floor restaurant space
- Ground‑floor commercial space is occupied by Copa Cabana Seafood & Brunch
- Restaurant build‑out cost reported at approximately $300,000, including a backyard for dining and events
Property Analytics
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
6,066
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
$1,398,400
Median Home Value
Market
Average Price Trend$/SF for Mixed-use properties in Brooklyn, NY
Properties on Market for Mixed-use properties in Brooklyn
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two residential floor-through apartments sit above ground-floor restaurant space in a mixed-use building.
Where is this mixed-use property located?
The property is located at 1318 Fulton St Brooklyn, NY.
What are key features of this property?
This property features: Fully free‑market two‑family over retail mixed‑use building with ground‑floor restaurant space; Ground‑floor commercial space is occupied by Copa Cabana Seafood & Brunch; Restaurant build‑out cost reported at approximately $300,000, including a backyard for dining and events