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Mixed-Use Development Site with Plans
For Sale
$1,849,000

1163 Fulton St, Brooklyn, NY 11216

Zoned C2-4/R7D and R6B for mixed residential and retail development with no parking requirement in NYC’s Inner Transit Zone.

Property Size8,760 SF
Price / SF$211.07
Days on Market53

Property Features for 1163 Fulton St

General Information

Standard status Active
Size 8,760 SF
Property subtype Land
Zoning C2-4/R7D & R6B

Additional Details

Multifamily Units 5

Taxes and HOA fees

Annual Taxes $9,056

Building Details

Tenancy Multi
Listing Agency:
Listed By: Daniel Kaziev
Source: Elliman
Added: Jun 18 Changed: Aug 8 Last Checked: Jun 19 at 4:34AM

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 Daniel Kaziev

Investment Insights

Based on property information with market context.

1163 Fulton St presents a development site offered with architectural plans for a new mixed-use residential and retail building. The proposed program is approximately 8,760 gross square feet, including five residential units above ground-floor retail, plus a cellar, upper residential floors, and roof access. The plans also include a proposed 30-foot rear yard and approximately 55 feet of building height.

The property is on a 2,560 SF zoning lot within New York City’s Inner Transit Zone, which eliminates parking requirements. Zoning supports both residential and commercial uses under C2-4/R7D and R6B districts.

With the retail component at street level and residences above, the proposed layout totals approximately 8,112 SF of residential area and 648 SF of commercial space, providing a defined mixed-use structure concept for infill redevelopment.

Key Highlights

  • Development site at 1163 Fulton Street in Bedford‑Stuyvesant with architectural plans for a mixed‑use residential and retail building
  • Proposed building size of approximately 8,760 gross SF with 5 residential units above ground‑floor retail
  • Includes approximately 8,112 SF of residential area and 648 SF of commercial space, plus cellar and roof access

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Law Firm Dental Office Auto Parts Store Nursing Home (Bike/Boat/Book/etc) Store Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

5,450
Businesses Nearby

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
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Zoned C2-4/R7D and R6B for mixed residential and retail development with no parking requirement in NYC’s Inner Transit Zone.
Where is this commercial land located?
The property is located at 1163 Fulton St Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,849,000.
What are key features of this property?
This property features: Development site at 1163 Fulton Street in Bedford‑Stuyvesant with architectural plans for a mixed‑use residential and retail building; Proposed building size of approximately 8,760 gross SF with 5 residential units above ground‑floor retail; Includes approximately 8,112 SF of residential area and 648 SF of commercial space, plus cellar and roof access
More about this property
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