Updated 17 days ago
1341 Fulton Street
Bedford Stuyvesant, Brooklyn | Verona Place & Marcy Ave
11 Rooms2 BedsMixed Use
$2,475,000
floors / apts3 / 2
Lot Size20'x80'
Built Size20'x50'
ZoneR7D
Building TypeLow-Rise
RE Taxes$3,144
Building Amenities
- Voice Intercom
- Courtyard
Property Description for 1341 Fulton Street
1341 Fulton Street is a fully occupied corner mixed-use building on one of Brooklyn's most bustling commercial corridors, offered with strong in-place cash flow and meaningful unused air rights.
The commercial space is a ground-floor corner storefront spanning 1,000 SF wit h an additional 1,000 SF basement - currently occupied by an established business with over a decade of continuous operation at this location. The commercial lease carries 3 percent annual rent escalations. Three residential apartments occupy the upper floors: a 1-bedroom duplex, a junior one-bedroom, and a studio. Renters pay their own heat, keeping operating costs lean and NOI strong.
Gross annual income of $162,820 supports a net operating income of approximately $148,726 after real estate taxes, insurance, water and sewer, and BID charges. The property is self-managed with no current vacancy.
Located at the corner of Fulton Street and Verona Place, the building benefits from high pedestrian and vehicular visibility in both directions. Transit access is exceptional: The LIRR is two blocks away; the A/C express at Nostrand Avenue is one block .
Unused FAR under R7D/C2-4 zoning presents a clear path to expansion for an owner-user or long-term hold investor. The property is well suited for a 1031 exchange.
All information deemed reliable but not guaranteed. Prospective purchasers are advised to independently verify all figures.
Listing History for 1341 Fulton Street
Now
05/19/2026
$2,475,000
Initial Price by Laurence Wohlgemuth
Douglas Elliman
Launch
Building Details for 1341 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
0.15 miles
Kingston-Throop Avs
0.35 miles
Franklin Av
0.43 miles
Railroad
Nostrand AvenueLong Island Rail Road
0.14 miles
Citi Bike
Verona Pl & Fulton St
0.01 miles
Herkimer St & New York Ave
0.06 miles
Contact Agents
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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: 106333TH
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