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Bed-Stuy Development Parcel Comes Up for Sale
Cushman & Wakefield has been retained to arrange the sale of a mixed-use development site at 1215 Fulton St. in the Bedford-Stuyvesant section of Brooklyn. Asking price for the site, which represents 165,631 buildable-square feet, is $37,950,000.
A team led by director DJ Johnston, with associate director Bryan Kirk, will represent the sellers, Industrie Capital Partners’ Eli and Joseph Hamway, in all marketing efforts. The parcel is located in an area prime for both residential and commercial use.
“The exposure, preliminary design and scale of this development site offers the opportunity to build a trifecta of premium retail, residential and office product,” said Johnston. “The site offers multiple frontages with access to both the best residential and retail corridors in the neighborhood. The high density of the large interior lot offers an opportunity to build a powerful office or retail building, unmatched and unique to the area.”
For comments, questions or concerns, please contact Paul Bubny
- ◦Development
- ◦Sale/Acquisition
