1546 Fulton Street
Bedford Stuyvesant, Brooklyn, NY 11216
$3,130,000
Description
1546 Fulton Street,
Brooklyn,
NY
11216
1546 Fulton Street is a compelling investment opportunity in the heart of Bedford-Stuyvesant. This 3,100 Sq. Ft. development site offers the potential to create a significant mixed-use building. Lot dimensions are 31' x 100', situated on a mid-block lot. Zoned R7D, C2-4 (VIH) on a wide street, the property allows for a 17,360 Sq. Ft. mixed-use building. Located just 0.1 miles from the Kingston-Throop Ave A & C train subway stop, this property ensures quick and easy access to Manhattan, making it highly appealing for future residents. The area is surrounded by new condo buildings and prime retail, further enhancing its attractiveness and potential value. Bedford-Stuyvesant is a highly desirable submarket of Brooklyn, where condo sellouts are expected to exceed $1,100 per square foot, and rental pricing averages around $65 per square foot. This property represents a rare and valuable investment opportunity in a thriving area with limited available lots for development.
This is an Active listing.
Broker Office Phone Number: 646-559-4700
Copyright © 2024My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Listing By: Landair Property Advisors, LLC via Data Source: My State MLS
Price History
date | price | variance | type |
---|
8/15/2024 | $3,130,000 | - | Listed |
listing agent: Alexandre Goulet