Fulton Street..

Fulton Street

Clinton Hill Brooklyn, NY

Fulton Street

$2,400,000

  • Mixed-UseAssets Type

  • 3Units

  • 2,910Square Feet

  • $825Price/SF

Property Description

• Fully renovated free market mixed use building in Fort Greene
• 2 apartments and 1 store
• Located between Clinton Avenue & Waverly Avenue, less than 30 feet to the entrance of the C train
• The property is built 20 ft x 40 ft, totaling approximately 2,910 SF
• The lot is built 20.83 ft x 42.42 ft
• The commercial tenant, a pharmacy, pays for 1/3 of the property taxes, water and insurance. They are in the fourth year of an initial five year lease, which includes a 5 year option that would start in May 2022. The option includes 3% annual increase of rent, with the below rent schedule.
• Year 6: $5,665/Month
• Year 7: 5,834/Month
• Year 8: $6,010/Month
• Year 9: $6,190/Month
• Year 10: $6,376/Month
• R7A, C2-4 Zoning
• Close Proximity to G, 2, 3, 4, 5, B, D, N, Q, R subway lines

The transactions and closing statistics referenced throughout this website include historical results procured by individual real estate brokers and real estate salespersons currently on our team while they were affiliated with a brokerage other than Bestreich Realty Group LLC. Bestreich Realty Group LLC does not claim any credit or affiliation with these transactions.