1004 Fulton St - Apartments FOR SALE


Brooklyn, NY 11238- Clinton Hill
$4,900,000 USD
917-887-5441
1004 Fulton St, Brooklyn, NY for Sale
$4,900,000 USD
Apartments - FOR SALE
1/8
null | 6.08% Cap Rate

1004 Fulton St
Brooklyn, NY 11238
Clinton Hill


HIGHLIGHTS

  • Well-maintained mixed-use asset fully renovated in 2015 for modern functionality and compliance.
  • Well-maintained mixed-use asset fully renovated in 2015 for modern functionality and compliance.
  • Ground-floor retail unit leased to Robotic S.T.E.A.M. with a long-term lease in place through 2029.
  • Prime Fulton Street frontage offering strong visibility and continuous pedestrian traffic.
  • Excellent transportation access via A, C, and Franklin Shuttle subway lines and direct bus routes.
  • Opportunity for additional development with approximately 2,879 SF of unused air rights.

OVERVIEW

Cushman & Wakefield (“C&W”) has been exclusively retained to arrange the sale of 1004 Fulton Street, located in Clinton Hill, Brooklyn. The property is a 5,281 SF mixed-use property that features six residential units and one ground-floor commercial space. All residential units are approximately 517 square feet which consists of three 1Bed/1Bath and three 2Bed/1Bath. Offering efficient layouts ideal for the neighborhood’s strong renter demographic. The ground-floor retail space is leased to Robotic S.T.E.A.M., a highly successful and established children’s program that focuses on Science, Technology, Engineering, and Math. The tenant currently has a lease in place until 2029. 1004 Fulton Street is a well-positioned mixed-use asset on the Fulton Street corridor at the crossroads of Clinton Hill and Bedford-Stuyvesant, offering strong visibility, steady foot traffic, and immediate access to neighborhood amenities. The property benefits from a highly walkable location and convenient transportation, with nearby access to the A, C, and Franklin Shuttle lines, plus direct bus service along Fulton Street, providing easy connectivity to Downtown Brooklyn, Williamsburg, and Manhattan. Surrounded by an active mix of residential density, established retailers, and growing local hospitality, 1004 Fulton Street offers compelling appeal for retail, office, or residential tenancy in one of Brooklyn’s most dynamic corridors.

FOR SALE DETAILS

PRICE

$4,900,000 USD

PRICE/SF

$1,105 USD /SF

# OF UNITS

7

PRICE/UNIT

$700,000

CAP RATE

6.08%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1930

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,178 SF

ZONING

R7A

APN/PARCEL ID

02015-0021

ASK ABOUT THIS PROPERTY

Dylan WalshCushman & WakefieldMore Info
917-887-5441

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Dylan WalshCushman & WakefieldMore Info
917-887-5441

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.