1163 Fulton Street Brooklyn, NY $ 1,849,000
1163 Fulton Street
$ 1,849,000
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1163 Fulton Street

Brooklyn, NY, 11216
$ 1,849,000
Baths0.0 Sq 2,560

Monthly Estimate*

$ 11,385

1163 Fulton Street, Brooklyn, NY 11216 - Image 1
1163 Fulton Street, Brooklyn, NY 11216 - Image 2
Studio

Lots and Land for sale in Brooklyn, NY

for $1,849,000. This 2,560 square foot property was built on a lot size of 0.0528.

Prime mixed-use development opportunity in the heart of Bedford-Stuyvesant. 1163 Fulton Street is being offered with architectural plans for a new residential and retail building on a highly visible Fulton Street corridor. The proposed development consists of approximately 8,760 gross square feet, featuring 5 residential units above ground-floor retail space, creating an attractive blend of rental income and long-term appreciation potential. The project is situated on a 2,560 SF zoning lot within a C2-4/R7D and R6B district, allowing for both residential and commercial uses. The proposed building includes approximately 8,112 SF of residential area and 648 SF of commercial space, with a cellar, upper residential floors, and roof access. Plans call for a modern infill development with approximately 55 feet of building height, generous residential floor plates, and a 30-foot rear yard. The property is located within New York City's Inner Transit Zone, eliminating parking requirements and enhancing development efficiency. Positioned along one of Brooklyn's most active commercial thoroughfares, the site benefits from strong foot traffic, proximity to public transportation, thriving neighborhood retail, and continued residential growth. This is an exceptional opportunity for developers, investors, and builders seeking a shovel-ready project in one of Brooklyn's most dynamic and rapidly appreciating submarkets. Property Highlights: - Development site on Fulton Street in Bedford-Stuyvesant - Proposed mixed-use building with retail and residential components - Approximately 8,760 Gross SF proposed - 5 residential units proposed - Ground-floor retail component - C2-4/R7D & R6B zoning - No parking requirement (Inner Transit Zone) - 30-foot rear yard proposed - Excellent transportation access and neighborhood amenities - Ideal for rental, condominium, or mixed-use investment strategy

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Lots and Land Active

Price

$ 1,849,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 9,056

Style

Lot Size

0.0528

Town/City

Brooklyn

County/Region

Kings

MLS | Web ID

1011078

Features
General
Sewer Other
Zoning R7D C24
Tax Year 2024
Current Use Vacant
Parcel Number 01999-0037
County Kings (Brooklyn)
Property Type Land
HOA N
High School Bedford Academy High School
City New York
Senior Community Y/N N
High School District Brooklyn 13
Elementary School Ps 3 Bedford Village
Tax Annual Amount 9056.16
Middle/Junior High School Urban Assembly Institute Of Math And Science For
Building Area Units Square Feet
Standard Status Active
Middle/Junior School District Brooklyn 13
Elementary School District Brooklyn 13
Tax Assessed Value 128700
Tax Lot 37
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Exterior
Waterfront Y/N N
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Internal Only
Street Number 1 1163
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* Excluded Features
List By
Daniel Kaziev

Listing Agent

Reo Assets America Llc

Broker

516-698-8064

Contact

Affordability Calculator

$12,139
Per Month
94%
6%
0%
Monthly Principal & Interest
$11,385
Monthly Property Taxes
$755
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
5214766 Elementary School
5214267 Middle School
Bedford Academy High School High School
Pricing History
DatePricePrice ChangeDescription
6/10/2026$1,849,000 Listed Price

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1163 Fulton Street, Brooklyn, NY, 11216 is a Lots and Land for sale at $1,849,000 with 2,560 sqft and a lot size of 0.0528. 1163 Fulton Street is a studio with 0.0 baths. The property's zip code is 11216 which is in Brooklyn, NY