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Informations principales sur l'investissement
- Exceptional development optionality for rental, condominium, or mixed-use programs.
- Location within a Qualified Opportunity Zone creates notable tax advantage potential.
- Situated in a vibrant retail corridor supported by robust market fundamentals.
- Zoning allows for up to 141,780 ZFA and includes attractive City of Yes incentives.
- Immediate access to 10 subway lines across four major stations within one minute.
- No minimum density requirement and no parking required under Inner Transit Zone.
Résumé analytique
427 Fulton Street represents a premier residential development opportunity in the core of Downtown Brooklyn. This exceptionally located site offers a 11,815 square foot lot with dual frontage along Fulton and Willoughby Streets, enabling design flexibility and multiple entry points. Developers can capitalize on 118,150 SF (Standard) or 141,780 SF (UAP) of buildable area, providing substantial scale for both rental and condominium programs.
The property benefits from inclusion in both the Qualified Opportunity Zone and Inner Transit Zone, offering significant tax incentives and cost efficiencies. Additional zoning benefits include 485-X Tax Abatement eligibility, no minimum density factor, and no parking requirement, enhancing project feasibility and profitability. The location offers unmatched connectivity, with immediate access to 10 subway lines within a one-minute walk, and seamless travel to Manhattan in under 15 minutes.
Surrounded by a thriving retail corridor that includes Apple, Target, Trader Joe’s, and Whole Foods, along with a well-educated and growing residential base, 427 Fulton stands out as a rare opportunity to deliver a large-scale residential project in one of Brooklyn’s most dynamic markets.
The property benefits from inclusion in both the Qualified Opportunity Zone and Inner Transit Zone, offering significant tax incentives and cost efficiencies. Additional zoning benefits include 485-X Tax Abatement eligibility, no minimum density factor, and no parking requirement, enhancing project feasibility and profitability. The location offers unmatched connectivity, with immediate access to 10 subway lines within a one-minute walk, and seamless travel to Manhattan in under 15 minutes.
Surrounded by a thriving retail corridor that includes Apple, Target, Trader Joe’s, and Whole Foods, along with a well-educated and growing residential base, 427 Fulton stands out as a rare opportunity to deliver a large-scale residential project in one of Brooklyn’s most dynamic markets.
Informations sur l’immeuble
Type de vente
Investissement
Type de bien
Local commercial
Sous-type de bien
Boutique
Surface de l’immeuble
3 044 m²
Classe d’immeuble
B
Année de construction
1970
Occupation
Mono
Hauteur du bâtiment
3 étages
Coefficient d’occupation des sols de l’immeuble
2,77
Surface du lot
0,11 ha
Zone de développement économique [USA]
Oui
Zonage
C6-4.5/R10 (DB) - Les districts C6 permettent un large éventail d'utilisations commerciales à volume élevé nécessitant un emplacement central
Façade
23 m sur Fulton St
1 1
Exceptionnellement praticable à pied
100/100
Un peu adapté aux voitures
30/100
Transports en commun exceptionnels
100/100
Très praticable en vélo
80/100
Principaux commerces à proximité
Taxes foncières
| Numéro de parcelle | 00150-0006 | Évaluation des aménagements | 3 832 796 € |
| Évaluation du terrain | 879 900 € | Évaluation totale | 4 712 696 € |
Taxes foncières
Numéro de parcelle
00150-0006
Évaluation du terrain
879 900 €
Évaluation des aménagements
3 832 796 €
Évaluation totale
4 712 696 €
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Vidéos
Visite extérieure 3D Matterport
Visite 3D
Photos
Street view
Rue
Carte
1 sur 1
Présenté par
427 Fulton St
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