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Fulton Mixed-Use Assemblage Is being offered at

Peter Von Der Ahe

Tel: (212) 430-5114 pvonderahe@mmreis.com

Shaun Riney

Tel: (718) 475-4369 sriney@ipausa.com

Dan Greenblatt

Tel: (718) 475-4357 daniel.greenblatt@mmreis.com

William Grover

Tel: (718) 475-4374 william.grover@marcusmillichap.com

Andrew Dansker | Financing Inquiries Tel: (212) 430-5168 adansker@marcusmillichap.com

$6,495,000

LISTING METRICS

14,060’ EXISTING SF

23,326’

$462 PRICE/SF

$278

TOTAL BSF, AS OF RIGHT

PRICE/ BUILDABLE SF

60’

C4-5D/R7D

TOTAL FRONTAGE

ZONING


1209-1213 Fulton Street_

PROPERTY DESCRIPTIONS 1209 Fulton Street

1211 Fulton Street

1213 Fulton Street

Brooklyn

Brooklyn

Brooklyn

NY

NY

NY

1842-67

1842-66

1842-65

20 ft X 73 ft

20 ft X 100 ft (Irregular)

20 ft X 100 ft

1,192

2,362

2,000

20 ft X 73 ft

20 ft X 75.5 ft

20 ft X 97.75 ft

2,660

5,470

5,930

C4-5D

C4-5D

C4-5D

FAR

4.20*

4.20*

4.20*

Landmark

None

None

None

Historic District

None

None

None

space$15,604

$15,503

$21,739

4

4

4

City State Block & Lot Lot Dimensions Lot SF Building Dimensions Building SF Zoning

Annual Tax Bill Tax Class

*FAR of 5.6 achievable through Inclusionary Housing Bonus

Peter Von Der Ahe Tel: (212) 430-5114

Shaun Riney Tel: (718) 475-4369

Dan Greenblatt Tel: (718) 475-4357

William Grover Tel: (718) 475-4374

Financing Inquiries:

Andrew Dansker Tel: (212) 430-5168


INVESTMENT HIGHLIGHTS •

Rare opportunity to acquire a mixed-use assemblage in prime BedfordStuyvesant

23,326 Total Buildable Square Feet As of Right | Zoned C4-5D

14,060 Existing Square Feet

60 Feet of Frontage on Fulton Street

One block from Nostrand Avenue A/C train, one of the most highly trafficked train stops in Brooklyn

Retail rents recorded at $180-240 per foot on Nostrand and Fulton, one block away

OFFERING MEMORANDUM


1209-1213 Fulton Street_

D E V E L O P M E N T P R I C I N G A N A LY S I S LISTING PRICE

$6,495,000

PRICE/ BSF Price/ BSF, with Inclusionary Housing Bonus

$278 $209

Property Taxes Zoning Lot Dimensions Lot Area, Square Feet

$52,846 C4-5D Irregular 5,554

Additional Air Rights Max FAR, Residential Max FAR, with Inclusionary Housing Bonus

11,357 4.20 5.60

Buildable SF As of Right Buildable SF, with Inclusionary Housing

Peter Von Der Ahe Tel: (212) 430-5114

Shaun Riney Tel: (718) 475-4369

Dan Greenblatt Tel: (718) 475-4357

23,326 31,101

William Grover Tel: (718) 475-4374

Financing Inquiries:

This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Any projections, opinions, assumptions or estimates used herein are for example purposes only and do not represent the current or future performance of the property. Marcus & Millichap Real Estate Investment Services is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. Š 2018 Marcus & Millichap

Andrew Dansker Tel: (212) 430-5168


Subject Property


Peter Von Der Ahe Tel: (212) 430-5114

Shaun Riney

Tel: (718) 475-4369

Dan Greenblatt

Tel: (718) 475-4357

William Grover

Tel: (718) 475-4374

Financing Andrew Dansker Inquiries: Tel: (212) 430-5168

www.newyorkmultifamily.com 212 430 5114

Fulton Mixed-Use Assemblage  
Fulton Mixed-Use Assemblage