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Property profile

490 Fulton St Brooklyn, NY 11201

OFF-MARKET
Retail properties & Spaces
View Sample
53,448 SF

Property summary

AI-generated overview

490 Fulton Street in Downtown Brooklyn presents a unique opportunity for retail tenants seeking a high-visibility location within a thriving commercial district. This multi-tenant property offers a total of 53,448 square feet of vacant space, divisible into units ranging from a minimum of 5,528 square feet to a maximum contiguous space of 18,720 square feet. The building comprises four total suites, providing flexibility for various retail concepts. Situated on Fulton Street, the property benefits from excellent street frontage, exceeding 100 feet in total. High ceilings further enhance the appeal of the space. The property's location in Downtown Brooklyn offers unparalleled access to public transportation, with multiple subway lines readily available at nearby stations including Hoyt-Schermerhorn (A, C, and G trains) and Jay Street-MetroTech (2, 3, 4, 5, N, and R trains). The surrounding area is characterized by a dynamic retail environment, including a mix of established businesses, higher education institutions, and luxury developments, ensuring high foot traffic and visibility. This prime location in Kings County, New York, with its zip code 11201, provides an exceptional opportunity for businesses seeking to establish or expand their presence in a vibrant and accessible urban setting. The property's size and divisibility make it suitable for a variety of retail uses, from flagship stores to smaller boutiques.

Property profile

Verified
Property type Retail properties & Spaces
Total area 53,448 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Clothing Store Outlet Store
  • Bank Loan Service
  • Loan Service Bank
  • Department Store

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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