$1,075,000
Updated 11 years ago
Sold

1816 Fulton Street

Bedford Stuyvesant, Brooklyn | Rochester Ave & Sumpter Street

10 Rooms6 Beds2 Baths3,600 Square FeetIncome Property

$1,075,000
floors / apts3 / 2
Lot Size23'x80'
Built Size23'x40'
ZoneR7D
Building TypeTownhouse
RE Taxes$2,360
Price Per SF
$299

This property was sold for $910,000 on 10/06/14.

Property Description for 1816 Fulton Street

> INVESTOR STEAL!! > Mixed-use Building in Bedford-Stuyvesant. > Building consists of (3) STORE FRONTS and (2) Three Bedroom Rentals. > Gross Income: $93,600 Insurance: $2,300 Electric: $2,400 RE TAX: $2,360 CAP Rate: 7.5% (approximately)

Listing History for 1816 Fulton Street

Now
10/06/2014
$910,000
Sold and Closed by William Kim
Corcoran
08/20/2014
Contract Signed by William Kim
Corcoran

Building Details for 1816 Fulton Street

OwnershipIncome Property
Building TypeTownhouse
AgePre-War
AccessWalk-up
Year Built1927
Floors/Apts3/2
Learn More About the Building

Transit and Citi Bike

Subway

Utica Av
0.19 miles
Ralph Av
0.34 miles

Citi Bike

Sumpter St & Fulton St
0.07 miles
Chauncey St & Malcolm X Blvd
0.12 miles

Contact Agents

Contact Agents

William Kim
Corcoran
Jamaal Redon
Corcoran

Bedford Stuyvesant | Brooklyn

Quick Profile

Known for its historic brownstones and tight-knit enclave, Bed-Stuy has increasingly left behind its early reputation for being a “bedroom community” and transcended into a highly desirable neighborhood. 

Distinct for its aesthetic, it is populated with ornate buildings characterized by cornices, friezes, finials, fluting and other marks of classic architecture. Built up during the period from 1870 to 1900, its historic district runs to the north of Jefferson Avenue, to the east of Malcolm X Boulevard and to the west of Tompkins Avenue. 

At one point known as “Brooklyn’s Little Harlem,” the shape of the area has shifted toward attracting a wider demographic of people thanks to the influx of bars, restaurants, antique furniture stores and vintage boutiques. More police enforcement paired with the decline of the crack epidemic at the beginning of the 2000s also opened the door for increased development, as well as the occupation of formerly abandoned buildings and spaces. 

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 54328TH