171,180 BSF development site in Downtown Brooklyn. The large combined footprint of 14,265 SF allows for a flagship development opportunity in the highly visible Fulton Mall retail district.
C6-4.5, DB Special Purpose District allows for up to 12.0 FAR with Community Facility (10.0 Residential FAR)
4 lot assemblage offers 104 feet of retail frontage along the busy Fulton Street retail corridor
• One block from the Jay St-MetroTech A C F subway station, two blocks to the Hoyt Street 2 3, and two blocks from the Borough Hall 4 5, the Property is less than 10 minutes from Wall St.
• 10 minutes to Atlantic Avenue/Barclay’s Center 2 3 4 5 B D N Q R and LIRR.
• A C G trains are available three blocks away at the Fulton Street and Lafayette Avenue stations.
RAPIDLY EXPANDING MARKET
The Brooklyn Tech Triangle’s influx of office, hotel and retail developments are set to have a $10.7 billion economic impact, with new construction residential rents achieving $70/SF in Downtown Brooklyn. 7,000 new residences are in the pipeline for Downtown Brooklyn, and will further contribute to increased foot traffic and sustained demand for new amenities, work space and retail.
More than 11,000 pedestrians pass the Property (Fulton/Jay Street) daily. More than 13,000 pedestrians pass through Albee Square daily; during peak week hours, there are more pedestrians on Fulton Street than Wall Street1. A popular destination for tourists and locals alike, Fulton Mall is the major shopping destination in the Downtown area. Hotels, universities, and nationally recognized brand name retailers are mixed between dozens of popular restaurants, bars and nightlife hotspots.