212-499-7700
3194-3208 Fulton St, Brooklyn, NY for Sale
Schools - FOR SALE
1/5
null | Request Cap Rate

3194-3208 Fulton St
Brooklyn, NY 11208
Cypress Hills


HIGHLIGHTS

  • Approx. 40,210 SF of development rights, subject to use.
  • Stable, credit government tenancy.
  • In-place income with clear redevelopment path.
  • Corner location with strong exposure.
  • Community facility use with flexibility.
  • As-is, value-add investment opportunity.

OVERVIEW

Lee & Associates NYC is pleased to present exclusively for sale the community facility asset located at 3208 Fulton Street, Brooklyn, NY 11208 (the “Property”). Situated on the corner of Fulton Street and Richmond Street in the East New York neighborhood of Brooklyn, the Property is leased and occupied by NYC Department for the Aging. In addition to its as-is condition, the site features up to approximately 40,210 square feet of development rights depending on use. The Property represents the opportunity to collect stable cashflow through government tenancy while preparing to redevelop the site to its highest and best use.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Fulton St. Sr. Citizens Center

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Schools

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1972

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.35 AC

LAND SF

15,145 SF

ZONING

R6B, R6A

APN/PARCEL ID

04140-0013

ASK ABOUT THIS PROPERTY

Benjamin TapperLee & AssociatesMore Info
212-499-7700

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

Benjamin TapperLee & AssociatesMore Info
212-499-7700

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