1263 Fulton StBrooklyn, NY 11216

Property Details for 1263 Fulton St

Year built

1910

Lot size

0.05 AC

Property size (Sq ft)

3,600 SF

Zone code

C45D

Property type

Retail residential properties

APN

01848-0005

APU

18480005

Description

This exceptional 1,900-square-foot retail space is ideally situated at 1263 Fulton Street in the vibrant Brooklyn, New York, neighborhood. Located in Kings County, this single-tenant property presents a unique opportunity for a business seeking a high-visibility location. The entire 1,900 square feet is currently vacant, offering immediate occupancy for a prospective tenant. The property's classification is retail commercial, making it suitable for a wide range of businesses. The address is 1263 Fulton Street, Brooklyn, NY 11216, providing easy access for customers and employees alike. Its precise geographic coordinates are latitude 40.6806395 and longitude -73.9507346. This property is perfect for a business looking to establish a strong presence in a bustling area of Brooklyn. The space is ready for immediate customization to suit the needs of the incoming tenant. Given its size and location, this property represents a significant opportunity for growth and success. The property is available for lease and offers a blank canvas for a new business venture. Interested parties are encouraged to inquire further to explore the possibilities this exceptional retail space offers. This is a single-tenant occupancy property, ensuring exclusive use of the entire space. The property is categorized as commercial retail, indicating its suitability for a variety of retail businesses.

• CAP approach

  CAP return

  Valuation

  6%

  $738,033

  6.5%

  $681,261

  7%

  $632,599

• Comparable approach

  Method

  Valuation

  Relative Method

  $729,083

  Geo Method

  $729,083

• Alternative Use

  Use

  Valuation

  Residential

  $681,261

  Hospitality

  $624,031

  Educational

  $519,187

  Medical

  $537,042

  Retail

  $807,624

Location Insight

City

Brooklyn

County

Kings

State

New York

Latitude

40.6807

Longitude

-73.9508

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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