A mixed-use building on the border between Clinton Hill and Bed-Stuy is on the market, asking $3.5 million.
Located at 1082 Fulton Street between Classon Avenue and Claver Place, the five-story property was recently gut renovated. The 6,390-square-foot building has seven free-market apartments and ground-floor retail space. The residential units consist of two two-bedrooms and five one-bedrooms.
The building was revamped with new plumbing, electric and sprinkler systems; all units have wide plank wood floors, exposed brick walls, new bathrooms, granite countertops and stainless steel appliances. The commercial tenant is a nail spa.
The building has a gross rent roll of $234,564 per year, with a net operating income of approximately $202,000 per year. Next door is a newly constructed 45-unit rental at 1078 Fulton Street.
TerraCRG has the listing.