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$ 3,500,000
Est. payment /mo
Active
1986 Fulton ST #12 Brooklyn, NY 11233
3,998 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID KEY840142
Originating Board onekey2
Rental Info No
Year Built 1910
Annual Tax Amount $64,821
Lot Size 3,998 Sqft
Acres 0.0918
Property Sub-Type Mixed Use
Property Description
Prime development site located at the intersection of Howard Avenue and Fulton Street in Bedford-Stuyvesant, Brooklyn. This strategically positioned corner property offers immense potential for growth and development in a rapidly evolving community.
The subject property encompasses a lot size of 40 x 100 feet and is zoned R7D, C2-4, allowing for a diverse range of development options. The existing structure comprises a walk-up apartment building featuring six families with commercial spaces, along with additional mixed-use buildings that enhance the property's versatility.
The property currently hosts three commercial units, with the building dimensions measuring 20 feet by 48 feet, all situated within a lot that contains four distinct buildings including a 3bedroom 2 bath single family home. The location boasts an exceptional R7D Zoning with a commercial overlay of C2-4 which will allow for nearly 17,000 buildable square feet & whether condo or rental units, this opportunity will grant the developer a win!
This site represents a unique opportunity for developers looking to capitalize on the growing demand for both residential and commercial spaces in Bedford-Stuyvesant. The area is experiencing substantial growth, making it an ideal location for innovative development projects. Potential uses could include:
- Expanding residential units to accommodate the increasing population.
- Enhancing commercial offerings to serve the local community.
- Exploring mixed-use developments that combine retail and residential living.
1986-88 Fulton Street is more than just a property; it's a gateway to future growth in a vibrant neighborhood. This is a compelling opportunity for investors and developers to make a significant impact in an area poised for continued transformation. Don't miss your chance to be part of Bedford-Stuyvesant's exciting future!
The reshaping of the Bedford Stuyvesant Skyline continues with multiple projects popping up throughout, and while larger lots are scarce, a corner site is nearly impossible to find.. until now! & with the option of a community facility component, this site is one not to be passed up! WILL BE DELIVERED VACANT
The subject property encompasses a lot size of 40 x 100 feet and is zoned R7D, C2-4, allowing for a diverse range of development options. The existing structure comprises a walk-up apartment building featuring six families with commercial spaces, along with additional mixed-use buildings that enhance the property's versatility.
The property currently hosts three commercial units, with the building dimensions measuring 20 feet by 48 feet, all situated within a lot that contains four distinct buildings including a 3bedroom 2 bath single family home. The location boasts an exceptional R7D Zoning with a commercial overlay of C2-4 which will allow for nearly 17,000 buildable square feet & whether condo or rental units, this opportunity will grant the developer a win!
This site represents a unique opportunity for developers looking to capitalize on the growing demand for both residential and commercial spaces in Bedford-Stuyvesant. The area is experiencing substantial growth, making it an ideal location for innovative development projects. Potential uses could include:
- Expanding residential units to accommodate the increasing population.
- Enhancing commercial offerings to serve the local community.
- Exploring mixed-use developments that combine retail and residential living.
1986-88 Fulton Street is more than just a property; it's a gateway to future growth in a vibrant neighborhood. This is a compelling opportunity for investors and developers to make a significant impact in an area poised for continued transformation. Don't miss your chance to be part of Bedford-Stuyvesant's exciting future!
The reshaping of the Bedford Stuyvesant Skyline continues with multiple projects popping up throughout, and while larger lots are scarce, a corner site is nearly impossible to find.. until now! & with the option of a community facility component, this site is one not to be passed up! WILL BE DELIVERED VACANT
Location
State NY
County Kings (brooklyn)
Rooms
Basement Full
Interior
Heating Natural Gas
Cooling None
Flooring Combination
Fireplace No
Exterior
Utilities Available Electricity Available, Electricity Connected, Natural Gas Connected
Building
Lot Description Corner Lot, Corners Marked, Interior Lot
Story 3
Sewer Public Sewer
Water Public
Structure Type Brick
Others
Special Listing Condition None
Listed by Coldwell Banker American Homes
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