Commercial Sale in Brooklyn, New York, Brooklyn, NY 11233 | Web ID: PH615096 | $3,500,000

Prime development site located at the intersection of howard avenue and fulton street in bedford-stuyvesant, brooklyn. This strategically positioned corner property offers immense potential for growth and development in a rapidly evolving community. The subject property encompasses a lot size of 40 x 100 feet and is zoned r7d, c2-4, allowing for a diverse range of development options. The existing structure comprises a walk-up apartment building featuring six families with commercial spaces, along with additional mixed-use buildings that enhance the property’s versatility. The property currently hosts three commercial units, with the building dimensions measuring 20 feet by 48 feet, all situated within a lot that contains four distinct buildings including a 3bedroom 2 bath single family home. The location boasts an exceptional r7d zoning with a commercial overlay of c2-4 which will allow for nearly 17, 000 buildable square feet & whether condo or rental units, this opportunity will grant the developer a win! This site represents a unique opportunity for developers looking to capitalize on the growing demand for both residential and commercial spaces in bedford-stuyvesant. The area is experiencing substantial growth, making it an ideal location for innovative development projects. Potential uses could include: - expanding residential units to accommodate the increasing population. - enhancing commercial offerings to serve the local community. - exploring mixed-use developments that combine retail and residential living. 1986-88 fulton street is more than just a property; it’s a gateway to future growth in a vibrant neighborhood. This is a compelling opportunity for investors and developers to make a significant impact in an area poised for continued transformation. Don’t miss your chance to be part of bedford-stuyvesant's exciting future! The reshaping of the bedford stuyvesant skyline continues with multiple projects popping up throughout, and while larger lots are scarce, a corner site is nearly impossible to find.. Until now! & with the option of a community facility component, this site is one not to be passed up! Will be delivered vacant