Updated 4 years ago
Off Market
1318 Fulton Street
Clinton Hill, Brooklyn | New York Ave & Nostrand Ave
9.5 Rooms2 Beds2.5 Baths3,640 Square FeetMixed Use
$3,250,000
floors / apts3 / 2
Lot Size18'x100'
Built Size18'x65'
ZoneC4-5D
Building TypeLow-Rise
Price Per SF
$893
Outdoor space and views
- Backyard
Building Amenities
- Voice Intercom
Property Description for 1318 Fulton Street
EXCELLENT INVESTMENT/USER OPPORTUNITY
A 18' wide two unit three story mixed use building. The property has a store on the ground floor, which also occupies the basement. The second floor is a two-bedroom floor-through apartment. The third floor is also a a two-bedroom floor-through apartment. The ground floor has 12' ceilings and the upper floors each has 10' ceilings. The units are individually metered for gas and electric. The meters, gas boiler and water heater are in the basement. The roof is rubber with silver coating and in good condition. The property gets great sunlight and is located in an area with lots of development.
The property is a prime investment opportunity, with a great location that has excellent commercial and residential exposure. Located on Fulton Street off Nostrand Avenue the property gets a lot of foot traffic from the east and west wide of the street. The A and C train and the B44 bus is on the corner, within 10 minutes the tenants can be in the city. Fulton Street is one of the busiest street in Brooklyn, with all the fast food restaurants, banks, clothing stores health food stores. An investor can add value by renovating the units, expanding the store to the lot line and duplexing the top floor.
The property is also a great user opportunity, a user can have a business on the ground floor and live in one of the units above and rent out the other apartment.
A 18' wide two unit three story mixed use building. The property has a store on the ground floor, which also occupies the basement. The second floor is a two-bedroom floor-through apartment. The third floor is also a a two-bedroom floor-through apartment. The ground floor has 12' ceilings and the upper floors each has 10' ceilings. The units are individually metered for gas and electric. The meters, gas boiler and water heater are in the basement. The roof is rubber with silver coating and in good condition. The property gets great sunlight and is located in an area with lots of development.
The property is a prime investment opportunity, with a great location that has excellent commercial and residential exposure. Located on Fulton Street off Nostrand Avenue the property gets a lot of foot traffic from the east and west wide of the street. The A and C train and the B44 bus is on the corner, within 10 minutes the tenants can be in the city. Fulton Street is one of the busiest street in Brooklyn, with all the fast food restaurants, banks, clothing stores health food stores. An investor can add value by renovating the units, expanding the store to the lot line and duplexing the top floor.
The property is also a great user opportunity, a user can have a business on the ground floor and live in one of the units above and rent out the other apartment.
Listing History for 1318 Fulton Street
Now
10/02/2022
Expired by Kervin Vales
Brown Harris Stevens Residential Sales LLC
09/30/2022
Back on the Market by Kervin Vales
Brown Harris Stevens Residential Sales LLC
Building Details for 1318 Fulton Street
OwnershipMixed Use
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1910
Floors/Apts3/2
Transit and Citi Bike
Subway
Nostrand Av
0.13 miles
Kingston-Throop Avs
0.38 miles
Franklin Av
0.41 miles
Railroad
Nostrand AvenueLong Island Rail Road
0.12 miles
Citi Bike
Verona Pl & Fulton St
0.03 miles
Herkimer St & New York Ave
0.06 miles
Clinton Hill | Brooklyn
Quick Profile
Tucked behind the Brooklyn Navy Yard in central Brooklyn is the quiet residential neighborhood of Clinton Hill. Once a strictly working-class neighborhood, Clinton Hill has become known for its elegant brownstones and stately mansions that were built as Manhattanites crossed the East River in the 1920s in search of the supposed health benefits that came from living “on the hill,” which has an elevation of 95 feet. Now you will also find newer luxury apartment and condo buildings interspersed throughout the neighborhood.
The Pratt Institute and St. Joseph College give the area a certain energy that comes from having a college in your town, while it’s leafy streets, some with their original cobblestones, and slower pace attract young families. Millennials and professionals are flocking to Clinton Hill in search of a reasonably priced neighborhood that offers both nightlife and an easy commute to Manhattan. Clinton Hill is a beautiful neighborhood with a suburban feel and firm roots in its past that also offers plenty of urban amenities.
New businesses are showing up in Clinton Hill on a regular basis, adding to the current proliferation of coffee shops, restaurants, and bars. As the population changes, new entertainment and nightlife venues are migrating to the area to meet the demand. Barclays Center is within easy walking distance, offering exciting sporting events and concerts.
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: 81337TH
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