Corner Mixed-Use
1341 Fulton Street Brooklyn, NY 11216
For Sale
$2,475,000
Fully occupied corner mixed-use building with a ground-floor storefront and three upper-floor apartments.
Days on Market67
Property Features for 1341 Fulton Street
General Information
- Standard status
- Active
- Property subtype
- Mixed Use
Building Details
- Year Built
- 1910
Listing Agency:
Douglas Elliman Real Estate
(516) 298-5675
Listed By:
LAURENCE B WOHLGEMUTH · License #10401386316
(516) 298-5675
Source:
Compass
Added: May 19
Changed: Jul 23
Last Checked: Jul 24 at 12:36PM
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 Douglas Elliman Real Estate
Investment Insights
Based on property information with market context.
1341 Fulton Street is a fully occupied corner mixed-use building featuring a ground-floor corner storefront with an additional basement level. The commercial space totals 1,000 SF on the ground floor plus 1,000 SF in the basement, and is currently occupied by an established business operating at the location for more than a decade. The commercial lease includes 3% annual rent escalations.
The upper floors provide three residential apartments: a 1-bedroom duplex, a junior 1-bedroom, and a studio. Tenants pay their own heat. The property is described as self-managed with no current vacancy.
The building sits at the corner of Fulton Street and Verona Place, with access benefits from nearby transit including the LIRR two blocks away and the A/C express at Nostrand Avenue one block away. The asset is within R7D/C2-4 zoning and the remarks note unused FAR that may support future expansion. Reported gross annual income is $162,820, with an indicated net operating income of approximately $143,845 after taxes, insurance, water and sewer, and BID charges.
The upper floors provide three residential apartments: a 1-bedroom duplex, a junior 1-bedroom, and a studio. Tenants pay their own heat. The property is described as self-managed with no current vacancy.
The building sits at the corner of Fulton Street and Verona Place, with access benefits from nearby transit including the LIRR two blocks away and the A/C express at Nostrand Avenue one block away. The asset is within R7D/C2-4 zoning and the remarks note unused FAR that may support future expansion. Reported gross annual income is $162,820, with an indicated net operating income of approximately $143,845 after taxes, insurance, water and sewer, and BID charges.
Key Highlights
- Fully occupied corner mixed‑use building with ground‑floor storefront plus three upper‑floor apartments
- Ground‑floor corner commercial space spans 1,000 SF with an additional 1,000 SF basement; occupied by an established business with 10+ years at the location
- Commercial lease includes 3% annual rent escalations
Property Analytics
Location Intelligence
Current Use by Public Records
Frank Michael a DDS
Dental Office
CRJ Pharmacy
Pharmacy
FAQs
What type of property is this?
Mixed-use property - Fully occupied corner mixed-use building with a ground-floor storefront and three upper-floor apartments.
Where is this mixed-use property located?
The property is located at 1341 Fulton Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,475,000.
What are key features of this property?
This property features: Fully occupied corner mixed‑use building with ground‑floor storefront plus three upper‑floor apartments; Ground‑floor corner commercial space spans 1,000 SF with an additional 1,000 SF basement; occupied by an established business with 10+ years at the location; Commercial lease includes 3% annual rent escalations
