1485 Fulton Street, Brooklyn, NY 11216

FOR SALE

citanew

Property Information

Block / Lot

01857 / 0020

Lot Size

871 SF

Stories

3

Building Size

2,470 SF

Zoning

R6A

FAR

2.88

Building Class

S2 - 2 Family with 1 store or office

Tax Class

1

Assesment (21/22)

$1,065,000

Real Estate Taxes (21/22)

$6,063.28

citamap

BED-STUY

Location

2,470

Gross SF

3

Stories

PROPERTY DESCRIPTION

Citadel Realty Services presents 1485 Fulton Street, located in the Bedford-Stuyvesant neighborhood in Brooklyn, NY. The 2,470 square foot building is located between Tompkins Avenue & Throop Avenue, in close proximity to the Kingston-Throop Avenue Transit Stop. Nearby local tenants include Blink Fitness, TD Bank, Chase Bank, TD Bank, Odd Fox Coffee, Bravo Supermarkets, Planet Fitness and many more. The 3-story property consists of a ground floor suitable for office or retail. The first and second floors are updated residential units each consisting of 3 bedrooms and 1 bathroom. They feature an open kitchen and living room area with new stainless steel appliances. Given its prime location and excellent condition, 1485 Fulton Street represents a unique investment opportunity.

ASKING PRICE: $1,895,000

For More Information Please Contact Our Exclusive Sales Agents at 917-660-1223 I 914-450-8072

Stephen Shapiro

917-660-1223 sshapiro@citadelre.com

KellyAnn Callahan

914-450-8072
kellyann@citadelre.com

1485 Fulton Street, Brooklyn, NY 11216

FOR SALE

EXPENSES

Utilities

$950.00

Insurance

$2,450.00

Taxes

$6,063.28

Water & Sewer

$850.00

Repairs & Maintenance

$800.00

Heat

$2,000.00

Labor

$1,000.00

Total Expenses:

$14,113.28

CITABATH

LEASE INFORMATION

Unit

Rent

Retail

$4,200.00

1

$2,700.00

2

$2,700.00

Total: 3 Units

$115,200.00

citakit

SUMMARY

NOI

$101,086.70

Cap Rate

5.3%

citaview

ASKING PRICE: $1,895,000

For More Information Please Contact Our Exclusive Sales Agents at 917-660-1223 I 914-450-8072

Stephen Shapiro

917-660-1223
sshapiro@citadelre.com

KellyAnn Callahan

914-450-8072
kellyann@citadelre.com