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    Property profile & analytics
    OFF-MARKET
    Office Spaces

    1516 Fulton St 1, Brooklyn, NY 11216-5375

    Entity Owned Absentee Owner Free & Clear
    Property ID
    US63-4039303
    Property summary
    AI-generated overview

    This exceptional 1,240 square foot retail space at 1516 Fulton Street in Kings County, New York, is situated in a high-traffic area, offering unparalleled visibility and customer accessibility. Located within a new development, the property boasts a modern design and features over 25 feet of frontage on Fulton Street, ensuring maximum exposure for your business. The space includes a valuable basement area, perfect for storage, inventory, or expansion, adding significant utility to the main retail area. A key advantage is the inclusion of outdoor space, ideal for creating engaging storefront displays, outdoor seating, or product showcases, enhancing the overall customer experience. This single-tenant space presents a unique opportunity for businesses seeking a vibrant location with high foot traffic and modern amenities in a thriving commercial area. The property is located in the 11213 zip code and offers a fresh, contemporary setting for a variety of retail concepts. This is a turnkey opportunity to establish a successful business in a prime location.

    Property profile
    Verified
    Property type Office Spaces
    Use group CONDOMINIUM OFFICES
    APN 01864-1101
    UPID US63-4039303
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Com link TV Computer & Electronic Repair
    • Sogho Express African Hair Braiding - Brooklyn New York Hair Salon
    • 13THFLOOR BK Hotel & Motel Resort
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    FULTON TERRACE GROUP LLC
    FULTON TERRACE GROUP LLC
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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