New York, NY 11216

Property

Ownership: For Sale
Type: mixed-use
Bedrooms: Studio
Lot Size: 0.1 Acres

Financials

Price:$1,799,999
Annual Taxes:$4,217.76
Listing Courtesy of Skynado LLC

1552 Fulton Street, Brooklyn, NY 11216 Prime Income Generating Mixed Use Asset Fully Occupied with Immediate Cash Flow amp ; Upside Positioned along Bedford Stuyvesant s premier retail corridor, 1552 ...

Description

1552 Fulton Street, Brooklyn, NY 11216 Prime Income-Generating Mixed-Use Asset | Fully Occupied with Immediate Cash Flow & Upside Positioned along Bedford-Stuyvesant’s premier retail corridor, 1552 Fulton Street is a three-story, mixed-use property offering an exceptional combination of steady in-place cash flow, prominent retail visibility, and long-term appreciation. Designated Building Class S2 (Primarily Two-Family with Store/Office), the building spans approximately 2,880 square feet across three levels on a 20 ft lot. The property will be delivered 100% tenant-occupied, presenting an immediate turnkey income opportunity for buy-and-hold investors or 1031 exchange buyers seeking strong day-one cash flow along a proven commercial avenue. Property Configuration: Ground-Floor Commercial Space: High-exposure retail storefront with prime street frontage, benefiting from robust foot traffic and an established in-place tenant. Upper Residential Units: Two floor-through residential apartments (Floors 2 & 3), both fully occupied by existing tenants, capitalizing on Bed-Stuy’s consistently tight rental market. Delivery: Fully occupied (all units delivered with tenants in place). Key Highlights: Three Total Units: 1 commercial storefront + 2 full-floor residential apartments Turnkey Cash Flow: Immediate revenue stream with zero initial vacancy Building Size: Approx. 2,880 SF across 3 levels Zoning / Tax Class: Class S2 mixed-use asset Location & Transit: Steps from the Kingston–Throop A/C subway station, offering a seamless, direct commute into Downtown Brooklyn and Lower Manhattan. With unmatched visibility along the bustling Fulton Street strip and reliable rental demand upstairs, 1552 Fulton Street represents a dependable, covered-land investment in one of Brooklyn’s most resilient and culturally rich neighborhoods.

Amenities

  • Electricity Connected
  • Natural Gas Connected
  • Water Connected

Long Island MLS

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.