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|Number of units||39|
JLL Has been hired on an exclusive basis to sell 840 Fulton Street, a newly constructed, fully amenitized, luxury boutique apartment building located in the highly desirable Clinton Hill neighborhood. The 40-unit elevator building offers outstanding access to public transportation and a wide array of employment drivers, bars and restaurants, shopping and attractions. The Property benefits from a 421-a tax benefit and 80% free market units. Upon expiration of the 421-a abatement, the Property will be entirely free market offering significant upside for generational owners, or a value-add strategy for future purchasers.
39 Luxury Apartments
Studio, 1BR and 2BR layouts and in-unit washer/dryer. 31 units are free-market, while the remainder revert to free-market upon expiration of the 421-a benefit
1 Ground-Floor Retail Space
The corner retail is leased to Wholesome Farms Market through 2034. The store is an essential and recession resistant business, bringing groceries to the local community.
421-a Tax Benefit
80% free market units. Upon expiration of the 421-a abatement, the Property will be entirely free market offering significant upside for generational owners, or a value-add strategy for future purchasers.
As part of the premisses, residents enjoy access to the common roof deck, indoor lounge, gym and bike storage. The building also offers a common laundry room in addition to the in-unit washer/dryers.