$1,650,000 USD
914-584-7422
2204 Fulton St
Brooklyn, NY 11233
Ocean Hill
HIGHLIGHTS
- Free Market: With four residential units over one commercial space, the property is free market with no history of rent stabilization.
- Vacant Value-Add: Property is in need of full gut renovation. There was a fire in August ’24 that was contained to the basement
- Neighborhood Upside: Ocean Hill has significant growth potential, with attractive basis relative to nearby neighborhoods, proximity to major transit
- A Reimagined Broadway Junction: The MTA is investing $500M aimed at transforming Broadway Junction into a modern, community-centered transit hub
- Available / Unused Air Rights: The property benefits from 1,170 BSF (ZFA) of unused air rights, available for expansion or disposition.
- Transportation Accessibility: Within 2-3 blocks of the L, A, C, J & Z trains at Broadway Junction, with access to Williamsburg and lower Manhattan
FOR SALE DETAILS
PRICE
$1,650,000 USD
PRICE/SF
$351 USD /SF
CAP RATE
Request Cap Rate
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront Retail/Residential
TOTAL BUILDING SIZE
-
STORIES
4
YEAR BUILT
1910
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.04 AC
LAND SF
1,742 SF
ZONING
R6, Brooklyn, (S4)
APN/PARCEL ID
01552-0038,01552-0039
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914-584-7422
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914-584-7422
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