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Elevator Building | 30 Apartments and 4 Commercial | 28,540 SF

$18,500,000

1079 Fulton Street, Brooklyn, NY 11238

Active
Last Updated: 06/28/2025

6.9

Cap Rate

28,540 sqft

Building Size

Details:
Cap Rate:    6.9%
Building Size:    28,540 sqft
Units:    30
GRM:    10.9
Year Built:    2005
Price Per Sqft:    $648
Zoning:    R7A, C2-4
Floors:    7
Parking Spots:    10
Number of Elevators:    1
Investment Strategy:    Value Add
Highlights:
  • Fully renovated turn-key 7-story elevator building consisting of 30 apartments and 1 commercial space (2,525 SF for the retail space)
  • 100% Free-Market
  • All units equipped with washer & dryer, and dishwashers
  • Building amenities include: roof deck, bike room, package room, virtual doorman, common area lounge & parking spots w/electric car charger.
  • 110’ ft of frontage on Fulton Street
  • For additional details: https://newyorkyimby.com/2024/01/fulton-residences-completesconstruction-at-1079-fulton-street-in-clinton-hill-brooklyn.html
  • Prime location in Clinton Hill near Atlantic Avenue, steps away from Barclay’s Center
  • Within walking distance to the Franklin Avenue Station ( C, S, trains)
Map:
Location
Gallery