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Renovated Retail Space on Fulton Street
For Lease
$6,500/Mo Modified Gross

1440 Fulton St, Brooklyn, NY 11216

1700 SF Ground Floor in Bedstuy's Retail Corridor

Space Size1,700 SF - 1,800 SF
Days on Market142

Property Features for 1440 Fulton St

General Information

Standard status Active
Property type Retail properties & Spaces, Office Spaces, Medical Office Space
Size 1,700 SF - 1,800 SF
Class C
Elevators No
Lease Type Modified Gross
Lease Term Flexible
Rate Type Monthly

Building Details

Year Built 1910
Buildings 1
Stories 4
Listed By: Michel Batista
Added: Apr 15

Investment Insights

Based on property information with market context.

This 1,700 square foot ground floor retail space is located on Fulton Street in Bedford-Stuyvesant, a high-traffic and culturally vibrant corridor. Situated near the intersection of Tompkins Avenue and Fulton Street, it is within walking distance of the Kingston-Throop Avenues subway station, served by the A and C trains. The open, column-free layout features polished marble-style flooring and modern LED track lighting. It includes 2 ADA-compliant private restrooms, 3 storage closets, and a basement for additional storage. The space is fully vacant and move-in ready. Restoration Plaza, a cultural and commercial space, is located one block away on Fulton Street, drawing consistent foot traffic. The Plaza is undergoing redevelopment into the Restoration Innovation Campus, designed by Sir David Adjaye, which will create 840,000 square feet of office, education, cultural, and commercial space. A 12-story, 120-unit mixed-use development is currently permitted at 1445 Fulton Street, directly adjacent to this listing, which will deliver new residents and ground-floor retail to the immediate block upon completion. The neighborhood has seen a 34% residential population increase in recent years, with young professionals aged 25–44 comprising approximately 33% of local residents. The property size is 1,800.

Property Analytics

Current Use

Triple Bees Event ... Hotel & Motel

Suggested Use

Top Pick Law Firm Dental Office Parking Lot & Garage Real Estate Agency Auto Parts Store Nursing Home

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

NNN (Triple Net)
Lease Type
$6.88 /SF/Yr
CAM

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

Market

Lease Benchmarks for Brooklyn, NY

$51.87 /SF/Yr
Avg Asking Price
$8.63–$120 /SF/Yr
Price Range
4,203 SF
Avg Space Size

This space is priced 12% below the average of $51.87 /SF/Yr.

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail property - 1700 SF Ground Floor in Bedstuy's Retail Corridor
Where is this retail property located?
The property is located at 1440 Fulton St Brooklyn, NY.
What is the lease rate?
The lease rate is $6,500/Mo.
More about this property
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