Commercial

1425 Fulton Street

Mixed-Use Development Site At 1425 Fulton Street On The Market, Bedford-Stuyvesant

Brownstoner reports the vacant 5,000 square-foot lot at 1425 Fulton Street, in south-central Bedford-Stuyvesant, is now on the market as a development site for $6 million. GFI Realty Services is marketing the property, which boasts 22,365 square feet of mixed-use building potential, or 29,820 square feet if affordable units are included. If sold at asking price, the property would go for $268 per buildable square-foot; in January, residential development in the neighborhood reached $154 per buildable square foot.



25 stewart avenue bushwick

Permits Filed: Hotel and Medical Offices at 25 Stewart Avenue, Bushwick

Developers are rushing to build hotels in Brooklyn’s priciest Industrial Business Zone, North Williamsburg, and now they’re looking further afield in the sleepy industrial borderlands of Bushwick and Ridgewood. The owner of a scrap metal recycling business at 25 Stewart Avenue, on the corner of Flushing Avenue in Bushwick, has filed a new building application to construct a nine-story hotel the property.

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35-02 Northern Boulevard

Two-Story Building At 35-02 Northern Boulevard Marketed As Development Site, Long Island City

According to The Real Deal, the owners of the two-story commercial building at 35-02 Northern Boulevard, in northern Long Island City, are looking to sell the property as a development site for $30 million. Ariel Property Advisors is marketing the property, and the land boasts 145,000 square feet of building potential. Zoning accommodates for a mix of commercial uses with retail at street level.



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