1552 Fulton Street, Brooklyn, NY 11216

Property Description

1552 Fulton Street, Brooklyn, NY 11216 Prime Income-Generating Mixed-Use Asset | Fully Occupied with Immediate Cash Flow & Upside Positioned along Bedford-Stuyvesant’s premier retail corridor, 1552 Fulton Street is a three-story, mixed-use property offering an exceptional combination of steady in-place cash flow, prominent retail visibility, and long-term appreciation. Designated Building Class S2 (Primarily Two-Family with Store/Office), the building spans approximately 2,880 square feet across three levels on a 20 ft lot. The property will be delivered 100% tenant-occupied, presenting an immediate turnkey income opportunity for buy-and-hold investors or 1031 exchange buyers seeking strong day-one cash flow along a proven commercial avenue. Property Configuration: Ground-Floor Commercial Space: High-exposure retail storefront with prime street frontage, benefiting from robust foot traffic and an established in-place tenant. Upper Residential Units: Two floor-through residential apartments (Floors 2 & 3), both fully occupied by existing tenants, capitalizing on Bed-Stuy’s consistently tight rental market. Delivery: Fully occupied (all units delivered with tenants in place). Key Highlights: Three Total Units: 1 commercial storefront + 2 full-floor residential apartments Turnkey Cash Flow: Immediate revenue stream with zero initial vacancy Building Size: Approx. 2,880 SF across 3 levels Zoning / Tax Class: Class S2 mixed-use asset Location & Transit: Steps from the Kingston–Throop A/C subway station, offering a seamless, direct commute into Downtown Brooklyn and Lower Manhattan. With unmatched visibility along the bustling Fulton Street strip and reliable rental demand upstairs, 1552 Fulton Street represents a dependable, covered-land investment in one of Brooklyn’s most resilient and culturally rich neighborhoods.