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
Lot/land
$1,849,000
1163 Fulton Street, Brooklyn, NY 11216
--beds
--baths
2,560Square Feet
Land
Built in ----
2,560 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 28 days |
- 179 |
- 12 |
Zillow last checked:
Listing updated:
Listed by:
REO Assets America LLC 516-698-8064,
Daniel Kaziev 917-880-2430
Source: OneKey® MLS as distributed by MLS GRID,MLS#: 1011078
Facts & features
Property
Lot
- Size: 2,560 Square Feet
- Features: Near Public Transit, Near School, Near Shops
Details
- Parcel number: 019990037
- Zoning: R7D C24
- Special conditions: None
Utilities & green energy
- Sewer: Other
Community & HOA
HOA
- Has HOA: No
Location
- Region: Brooklyn
Financial & listing details
- Tax assessed value: $128,700
- Annual tax amount: $9,056
- Date on market: 6/10/2026
- Cumulative days on market: 29 days
- Listing agreement: Exclusive Right To Sell
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/10/2026 | Listed for sale | $1,849,000-7.3% |
Source: | ||
| 1/9/2026 | Listing removed | $1,995,000 |
Source: StreetEasy #S1760579 Report a problem | ||
| 3/20/2025 | Listed for sale | $1,995,000-0.3% |
Source: StreetEasy #S1760579 Report a problem | ||
| 3/18/2025 | Listing removed | $2,000,000 |
Source: | ||
| 3/4/2025 | Price change | $2,000,000+11.1% |
Source: | ||
| 2/12/2025 | Price change | $1,800,000-10% |
Source: | ||
| 1/25/2025 | Price change | $1,999,000-4.8% |
Source: | ||
| 1/14/2025 | Listed for sale | $2,100,000+200% |
Source: | ||
| 7/26/2024 | Sold | $700,000-69.6% |
Source: Public Record Report a problem | ||
| 8/4/2023 | Listed for sale | $2,300,000 |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $11,657 +28.7% | $167,400 +30.1% |
| 2024 | $9,056 | $128,700 +30% |
| 2023 | -- | $99,000 +30.2% |
| 2022 | -- | $76,050 +15% |
| 2021 | -- | $66,150 +14.8% |
| 2020 | $1,881 -81.6% | $57,600 -57.3% |
| 2019 | $10,215 | $135,000 +69.6% |
| 2018 | -- | $79,606 +8% |
| 2017 | $9,375 -11.6% | $73,710 +0.3% |
| 2016 | $10,610 | $73,483 +8% |
| 2015 | $10,610 +85.7% | $68,040 +8% |
| 2014 | $5,712 | $63,000 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Bedford-Stuyvesant
Nearby schools
GreatSchools rating
- 3/10Ps 3 The Bedford VillageGrades: PK-5Distance: 0.1 mi
- 4/10Urban Assembly Unison School (The)Grades: 6-8Distance: 0.4 mi
- 9/10Bedford Academy High SchoolGrades: 9-12Distance: 0.3 mi
Schools provided by the listing agent
- Elementary: Ps 3 Bedford Village
- Middle: Urban Assembly Institute Of Math And Science For
- High: Bedford Academy High School
Source: OneKey® MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- New York
- Kings County
- New York
- 11216
- Brooklyn
- Bedford-Stuyvesant
- 1163 Fulton Street







