July 21, 2016

On the Scene: 1876A Fulton Street

News Property News

Real Estate Weekly

TerraCRG is exclusively representing ownership in the sale of a mixed-use building at 1876A Fulton Street in Bedford-Stuyvesant. Matt Cosentino and Eric Satanovsky are marketing the building. The asking price is $1,150,000. The property is offered at a six percent CAP rate. The fully-renovated two-story building contains 1,920 s/fwith an additional 8,400 buildable s/f. The building is comprised of a two-bedroom apartment, a studio apartment and a newly renovated restaurant space. There is also a two-car garage plus an outdoor parking space. New mechanicals, including a new gas boiler, hot water heater and gas lines were also put in during renovation.