Exceptional mixed use development opportunity in the heart of East New York on bustling Fulton Street.
New York, NY 11207
Listing
| Web ID: | 5564357 |
|---|---|
| Website: | https://www.nestseekers.com/5564357 |
Property
| Ownership: | For Sale |
|---|---|
| Type: | mixed-use |
| Bedrooms: | Studio |
| Lot Size: | 0.1 Acres |
Financials
Price:$1,200,000
Annual Taxes:$11,989
Description
Exceptional mixed-use development opportunity in the heart of East New York on bustling Fulton Street. Situated in a C4-4L zoning district with EC-6 Enhanced Commercial Overlay, this property offers significant redevelopment potential in a rapidly growing commercial corridor. The site benefits from strong retail exposure, high pedestrian traffic, and convenient access to the J/Z subway lines. Existing and proposed zoning supports a broad range of commercial, residential, community facility, office, and mixed-use development possibilities. Plans previously filed for a six-story mixed-use building indicate the potential for approximately 7,853 square feet of development, including residential and commercial space. Ideal for developers, investors, and owner-users seeking a strategic location in one of Brooklyn's emerging growth corridors. Conveniently located near transportation, shopping, restaurants, schools, and neighborhood amenities. Buyers are encouraged to perform their own due diligence regarding zoning, FAR, development rights, and permitted uses.
Contact
Listing Courtesy of Baring Homes Corp