Mixed-Use Development Site with
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1779 Fulton Street, Brooklyn, NY 11223
Renovated storefront with two studio apartments on a Fulton Street frontage site, zoned for additional residential development.
Property Size10,038 SF
Lot Size0.05 Acres
Price / SF$199.14
Days on Market55
Property Features for 1779 Fulton Street
General Information
Standard status
Active
Size
10,038 SF
Class
C
Lot size
0.05 Acres
Property subtype
Land, Mixed Use
Zoning
R7D / C2-4
Occupancy
66%
Investment Type
Redevelopment
Net Operating Income
$73,895
Additional Details
Multifamily Units
2
Building Details
Units
2
Tenancy
Multi
Listing Agency:
Realstreet Real Estate Group
Listed By:
Sully Klein · License #NY
Source:
Crexi
Added: Jul 1
Changed: Aug 8
Last Checked: Jul 31 at 1:46PM
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 Realstreet Real Estate Group
Investment Insights
Based on property information with market context.
1779 Fulton Street is a mixed-use development site in Brooklyn’s Central Brooklyn market, improved with a renovated commercial storefront and two renovated studio apartments. The property is situated on a 2,154 SF lot measuring 25.62' by 88.96', with 25 feet of frontage on Fulton Street. Zoning is R7D/C2-4, with the ability to accommodate approximately 10,038 buildable residential square feet.
The site is located along an active commercial corridor and in a walkable, transit-oriented area. It is minutes from the Utica Avenue, Ralph Avenue, and Kingston–Throop Avenues subway stations, supporting convenient access for both day-to-day customers and future residents.
For developers and investors, the existing improvements provide interim income while plans and approvals are pursued for redevelopment. The combination of residential development capacity under the current zoning and meaningful street frontage supports a ground-floor commercial component with residential apartments above, or other permitted development under R7D/C2-4.
The site is located along an active commercial corridor and in a walkable, transit-oriented area. It is minutes from the Utica Avenue, Ralph Avenue, and Kingston–Throop Avenues subway stations, supporting convenient access for both day-to-day customers and future residents.
For developers and investors, the existing improvements provide interim income while plans and approvals are pursued for redevelopment. The combination of residential development capacity under the current zoning and meaningful street frontage supports a ground-floor commercial component with residential apartments above, or other permitted development under R7D/C2-4.
Key Highlights
- 2,154 SF lot with 25 ft of frontage on Fulton Street (25.62' × 88.96') in Brooklyn, NY 11233
- Zoned R7D/C2‑4 with ability to develop approximately 10,038 buildable residential square feet
- Renovated commercial storefront plus two renovated studio apartments for interim income
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
3,696
Businesses Nearby
Explore this area
Business Placement
Demographics for 11223, NY
83,519
Population
28,857
Households
2.9
Avg Household Size
37
Median Age
34%
College-Educated
78%
High-School Grad
2.1 sq mi
ZIP Area
39,771
Density / Sq Mi
$63,950
Median Household Income
$40,592
Median Earnings
$1,653
Median Rent
$1,063,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Renovated storefront with two studio apartments on a Fulton Street frontage site, zoned for additional residential development.
Where is this mixed-use property located?
The property is located at 1779 Fulton Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,999,000.
What are key features of this property?
This property features: 2,154 SF lot with 25 ft of frontage on Fulton Street (25.62' × 88.96') in Brooklyn, NY 11233; Zoned R7D/C2‑4 with ability to develop approximately 10,038 buildable residential square feet; Renovated commercial storefront plus two renovated studio apartments for interim income
