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Property profile & analytics
OFF-MARKET Estimated value $43,675,000
Office buildings

485 Fulton St Brooklyn, NY 11201-5213

130,450 SF 0.69 ac lot Built 1921
Entity Owned 7-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US63-3418277
Property summary
AI-generated overview

This exceptional Downtown Brooklyn property at 485 Fulton Street offers a diverse range of office spaces ideal for coworking businesses and medical practices. The building boasts a total of 114,438 square feet, with a significant 61,142 square feet currently available for lease. Multiple tenancy options are available, catering to businesses of varying sizes. Spaces range from a minimum of 7,000 square feet to a maximum contiguous space of 27,324 square feet, providing flexibility for expansion or consolidation. Located in the vibrant heart of Downtown Brooklyn, this strategically positioned building offers unparalleled access to public transportation, amenities, and a thriving business community. The property is classified as an office building with a specific focus on coworking and medical office sub-types, making it a perfect fit for a variety of businesses seeking a modern and functional workspace in a prime New York City location. The building's address is 485 Fulton Street, in New York County, New York, zip code 11201. This is a unique opportunity to secure high-quality office space in a dynamic and rapidly growing area. Inquire today to learn more about the available spaces and lease terms.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1921
Total area 130,450 SF
Lot 0.69 ac (30,108 SF)
Zoning code C64.5
APN 00152-0006
UPID US63-3418277
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
  • Banana Republic Factory Store Women'S Clothing Store Clothing Store
  • B-CYCLE MOTORZ Motorcycle Shop
  • Pina Claws nails Nail Salon
  • Raksha Spa and barber shop Hair Salon Nail Salon
  • Liberty Tax Accounting Firm Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$53.41M
Comparable Approach Comparable
by Request
Blend (final) Blend
$43.68M
Owner & transaction history
Fulton Street Realty Venture L · 7 yrs held
Fulton Street Realty Venture L
since 2019
7 recorded transactions
2019
Price N/A
2016
Price N/A
2008
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
C64.5 · Brooklyn, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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