Rare Retail Opportunity on Fulton Mall

453 Fulton Street

Downtown Brooklyn

Ground Level Retail SF 1,490 SF
Cross Street Jay St + Lawrence St
Available Air Rights 11,300 SF
FAR 12.0
Subways
a
b
c
f
g
q
r
2
3
5
Request More Info
Would you like to know more?

I would like to be contacted:

Are you in a 1031 Exchange?

Retail 453 Fulton Street, Downtown Brooklyn
Dan Marks
Have Dan contact you

Want Dan to contact you?

I would like to be contacted:

Are you in a 1031 Exchange?

Details

Gross Building SF 6,580 SF
Building Size 20 ft x 74.5 ft

Overview

TerraCRG has been retained to exclusively represent ownership in the sale of 453 Fulton Street, a rare opportunity to acquire a property on the Fulton Mall, in the heart of Downtown Brooklyn.

The opportunity presents 20 feet of frontage on a 6,580 gross SF building along the Fulton Mall retail corridor. The property sits on a 1,490 SF lot with 11,300 SF in available air rights and can be delivered vacant. The current tenant is on a month-to-month lease with an annual income of $240,000 NNN.

With ground floor retail rents on the Fulton Mall upwards of $300+/SF, and office rents reaching the mid $60s/SF, the Fulton Mall is Brooklyn’s strongest commercial corridor. The strip is home to strong national tenancy including Gap, Nordstrom Rack, H&M, American Eagle, Banana Republic, Flight 23, Chase and more.

Attractions

One block away is Brooklyn’s flagship Macy’s store, currently undergoing a major office tower development on its upper floors. To the east is City Point, the largest mixed-use retail project in Brooklyn. The 1.8 million SF center features 675,000 SF of retail space anchored by Target, Trader Joe’s, Century 21 and Alamo Drafthouse. The property sits directly around the corner from the Jay Street A, C, F, R subway lines, and just a couple of blocks from the Hoyt Street 2, 3, the Borough Hall 4, 5, the DeKalb Avenue B, Q, R, Nevins Street 2, 3, 4, 5 subway stations, and Hoyt-Schermerhorn A, C, G.

City Point
Trader Joes
Century 21
Alamo Drafthouse
Macys

Brooklyn Neighborhood Guides

Our neighborhood guides tell you everything you need to know about Brooklyn, from comprehensive market data to the best places to eat, shop and play.

Learn More >