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Vacant Retail - Prime Downtown Brooklyn 530 Fulton St 12,187 SF Vacant Retail Building Brooklyn, NY 11201 $11,412,967 CAD ($936.49 CAD/SF)
INVESTMENT HIGHLIGHTS
- Located in Downtown Brooklyn’s high-foot-traffic retail corridor.
- Steps from 11 subway lines and multiple bus routes.
- High-income, densely populated residential surroundings.
- Surrounded by major anchors including Target, Trader Joe’s, and City Point.
- Positioned within the Brooklyn Tech Triangle innovation district.
- Prominent glass frontage and flexible layout for retail or office use.
EXECUTIVE SUMMARY
The site is located right in the heart of Fulton Street, the main retail artery in Downtown Brooklyn. The property is surrounded by major retailers in every direction. Since being rezoned in 2004, Downtown Brooklyn has seen the construction of more than 21,000 new apartments. This site is directly next door to The Paxton, a 43-story luxury apartment building with 327 apartments. And it is across the street from The Brook, a 51-story luxury building with 591 apartments.
530 Fulton Street presents an investor the opportunity to renovate and create value via leasing up the existing vacancy and potentially converting the upper floors to residential. The offering is also an incredibly rare opportunity for a user to control their space in one of the busiest and highest rent per square foot locations in Brooklyn.
The offering rests on a 3,448 SF lot zoned C6-4/R10. All of the existing development rights were sold off previously. The site is 25 x 138 feet, with the first two floors built full, and the upper floors built 25 x 77 feet
PROPERTY FACTS
AMENITIES
- Signage
- Wheelchair Accessible
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
• Potential full-building opportunity; can be divided • 5,000 new residential apartments within 0.2 miles • Column-free retail with high ceilings • In-line with national brands and retailers • All uses considered
• Potential full-building opportunity; can be divided • 5,000 new residential apartments within 0.2 miles • Column-free retail with high ceilings • In-line with national brands and retailers • All uses considered
• Potential full-building opportunity; can be divided • 5,000 new residential apartments within 0.2 miles • Column-free retail with high ceilings • In-line with national brands and retailers • All uses considered
• Potential full-building opportunity; can be divided • 5,000 new residential apartments within 0.2 miles • Column-free retail with high ceilings • In-line with national brands and retailers • All uses considered
• Potential full-building opportunity; can be divided • 5,000 new residential apartments within 0.2 miles • Column-free retail with high ceilings • In-line with national brands and retailers • All uses considered
| Space | Size | Space Use | Position | Available |
| Basement | 2,895 SF | Retail | In-Line | Now |
| Ground | 2,895 SF | Retail | In-Line | Now |
| 2nd Floor | 2,905 SF | Retail | In-Line | Now |
| 3rd Floor | 1,746 SF | Retail | In-Line | Now |
| 4th Floor | 1,746 SF | Retail | In-Line | Now |
Basement
| Size |
| 2,895 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
Ground
| Size |
| 2,895 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
2nd Floor
| Size |
| 2,905 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
3rd Floor
| Size |
| 1,746 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
4th Floor
| Size |
| 1,746 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
Basement
| Size | 2,895 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
• Potential full-building opportunity; can be divided • 5,000 new residential apartments within 0.2 miles • Column-free retail with high ceilings • In-line with national brands and retailers • All uses considered
Ground
| Size | 2,895 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
• Potential full-building opportunity; can be divided • 5,000 new residential apartments within 0.2 miles • Column-free retail with high ceilings • In-line with national brands and retailers • All uses considered
2nd Floor
| Size | 2,905 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
• Potential full-building opportunity; can be divided • 5,000 new residential apartments within 0.2 miles • Column-free retail with high ceilings • In-line with national brands and retailers • All uses considered
3rd Floor
| Size | 1,746 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
• Potential full-building opportunity; can be divided • 5,000 new residential apartments within 0.2 miles • Column-free retail with high ceilings • In-line with national brands and retailers • All uses considered
4th Floor
| Size | 1,746 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
• Potential full-building opportunity; can be divided • 5,000 new residential apartments within 0.2 miles • Column-free retail with high ceilings • In-line with national brands and retailers • All uses considered
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 00161-0037 | Improvements Assessment | $1,611,328 CAD |
| Land Assessment | $606,462 CAD | Total Assessment | $2,217,790 CAD |
PROPERTY TAXES
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Vacant Retail - Prime Downtown Brooklyn | 530 Fulton St
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