The subject property is located on the south east corner of Fulton Street and Vanderbilt Avenue in the Fort Greene neighborhood of Brooklyn. The property is currently occupied by a gas station and remains on an approximately 101’ x 98’ corner lot. The site is located in a R7A/C2-4 zoning district and benefits from approximately 23,301 as-of-right buildable SF. In addition, approximately 520 buildable SF from the neighboring property is included in the offering. In total, the as-of-right site remains approximately 23,821 buildable SF.
In addition, there is an Inclusionary Housing bonus, which allows for an FAR of 4.60, giving the site an additional 8,927 buildable SF for affordable housing development.
In total, the site consists of 32,748 buildable SF.
The property will be delivered vacant.
The subject property is conveniently located just blocks away from the Atlantic Terminal subway station and Barclays Center. The Atlantic Terminal subway station provides access for over 10 subway lines running through Manhattan, Brooklyn, Queens, Bronx and Long Island.