1298 Fulton StBrooklyn, NY 11216

Property Details for 1298 Fulton St

Year built

1910

Lot size

0.11 AC

Property size (Sq ft)

4,785 SF

Zone code

C45D

Property type

Retail space

APN

01861-0009

APU

18610009

Description

This exceptional 2,000 square foot retail space is ideally situated at 1298 Fulton Street in the vibrant Bed-Stuy neighborhood of Brooklyn, New York (zip code 11216). Boasting approximately 18 feet of frontage on bustling Fulton Street, this property offers unparalleled visibility and high retail exposure to a densely populated area with excellent demographics. The space is immediately available for lease and is suitable for a variety of uses, including medical, executive, traditional, or creative office spaces, as well as retail and restaurant establishments. The single-tenancy layout provides flexibility and control. Inside, the space features high ceilings, contributing to a spacious and inviting atmosphere. The competitive tenancy structure makes this an attractive opportunity for businesses seeking a prominent location in a thriving Brooklyn community. The asking rent is available upon request. This property presents a unique chance to establish a presence in a high-traffic area with strong potential for growth. Inquire today to learn more about this exceptional retail opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $1,162,922

  6.5%

  $1,073,466

  7%

  $996,790

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,575,524

  Geo Method

  $1,575,524

• Alternative Use

  Use

  Valuation

  Residential

  $905,509

  Hospitality

  $829,442

  Educational

  $690,086

  Medical

  $713,819

  Retail

  $1,073,466

Location Insight

City

Brooklyn

County

Kings

State

New York

Latitude

40.6801

Longitude

-73.9488

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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