$945,000

2017 Fulton Street, Bed-Stuy, Brooklyn

The transaction

A mixed-use building on Fulton Street in Bedford-Stuyvesant, retail at grade with apartments above, standing a few doors from the Rockaway Avenue C stop. Mixed-use on a commercial corridor is really two assets underwritten together, and on a block like this one the retail lease usually settles the price before the apartments are ever discussed. Closed at $945,000 in July 2024.

Deal facts