1114 Fulton Street is a perfect investment property. This mixed use 2 story with full basement building is currently rented at a NNN lease for $10,000/mo. The current NOI is $120,000. The building also offers lots of upside with over 6000 sqft of air-rights. The building is in immaculate condition having been totally renovated with a full commercial kitchen in the basement.
4800+ of usable sq ft, this building is selling at a very low price. Built in 2004 with a current tax abatement of only $1800/yr. Lot: 18.75 X 117 Building 18.75 X 85 plus full finished basement.
Subways: C and S at Franklin Ave and A/C at Nostrand. One of the coolest zip-codes in Brooklyn. Surrounded by hip bars, restaurants and shopping with all the excitement the borough has to offer.