Mixed-Use Property For Sale
$1,650,000
2204 Fulton Street, Brooklyn, NY 11233
For Sale
Mixed Use
Unknown Sub Type
Active
Last Updated: 06/16/2025
4,680 sqft
Building Size
350
Price Per Sqft
Details:
Building Size: 4,680 sqft
Price Per Sqft: $350
Highlights:
- Free Market: With four residential units over one commercial space, the property is free market with no history of rent stabilization.
- Vacant Value-Add: Property is in need of full gut renovation. There was a fire in August ’24 that was contained to the basement, resulting in a full vacate order.
- Neighborhood Upside: Ocean Hill has significant growth potential, with attractive basis relative to nearby neighborhoods, proximity to major transit, and desirable architecture.
- A Reimagined Broadway Junction: The MTA is investing $500M aimed at transforming Broadway Junction into a modern, community-centered transit hub, including improved accessibility, new public plazas, and streetscape improvements.
- Available / Unused Air Rights: The property benefits from 1,170 BSF (ZFA) of unused air rights, available for expansion or disposition.
- Transportation Accessibility: Within 2-3 blocks of the L, A, C, J & Z trains at Broadway Junction, with access to Williamsburg and lower Manhattan within 20 minutes, and Times Square or the Rockaways within 40 minutes.
Documents:
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Offering Memorandum |
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