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1245 Fulton Street, Brooklyn, NY 11216 - Property report

Also known as: 1245 Fulton St

Property image for 1245 Fulton Street, Brooklyn, NY 11216

Property type

One Story Retail Building (K1)

Year built

2016

Lot sq. ft.

6,360

Sale price

$3,100,000

General information

Address

Primary address

1245 Fulton Street

Alternate address(es)

1245-1247 Fulton St

ZIP code

11216

Neighborhood

Bedford-Stuyvesant

Borough

Brooklyn

Block & lot

01842-0047

Building

Property type

One Story Retail Building (K1)

Building sq. ft.

14,888

Building dimensions

61 ft x 133 ft

Buildings on lot

Stories

Year built

2016

Building material

Sales

Sale date

02/27/2013

Sale price

$3,100,000

Tax

Tax year

2026-2027

Property tax

$75,472

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Office sq. ft.

Retail sq. ft.

Lot

Lot dimensions

61.35 ft x 133.17 ft

Lot sq. ft.

6,360

Area overview

Walk score

95 /100. Walker's Paradise

Transit score

100 /100. Rider's Paradise

Bike score

82 /100. Very Bikeable

School district

Community district

Closest police station

0.64 Miles

Closest fire station

0.28 Miles

View more such as transportation, nearby schools and risk designations.

Ownership

Ownership information for 1245 Fulton Street, Brooklyn, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for 1245 Fulton Street, Brooklyn, NY 11216

Sale date	Sale price	Buyer name	Seller name
02/27/2013	$3,100,000	XXXXXXXX XXXXXX XXXXXX XXX	XXXX XXXXXX XXX
09/23/2004	$1,200,000	XXXX XXXXXX XXX	X & X XXXXXX XXXXXXXXXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
01/12/2026 - R	UCC3 Continuation (2026011200838001)	XXXXXXXX XXXXXX XXXXXX XXX	XXXXXXXX XXXXXXXX XXXX
03/14/2022 - R	Initial UCC1 (2022031101328001)	XXXXXXXX XXXXXX XXXXXX XXX	XXXXXXXX XXXXXXXX XXXX
12/13/2021 - R 11/01/2021 - D	Assignment of Leases and Rents (2021120301197002)	XXXXXXXX XXXXXX XXXXXX XXX	XXXXXXXX XXXXXXXX XXXX
12/13/2021 - R 11/01/2021 - D	Mortgage (2021120301197001)	XXXXXXXX XXXXXX XXXXXX XXX	XXXXXXXX XXXXXXXX XXXX
11/16/2020 - R	UCC3 Continuation (2020111600103001)	XXXXXXXX XXXXXX XXXXXX XXX	XXXXXXXX XXXXXXXX XXXX
01/30/2018 - R 01/16/2018 - D	Both RPTT and RETT (2018012900655013)	XXXXX XXXXXX XXXXXXXX XXX	XX XXXXXXX XXXXXXXX XXX
01/22/2016 - R	Initial UCC1 (2016012200629001)	XXXXXXXX XXXXXX XXXXXX XXX	XXXXXXXX XXXXXXXX XXXX
02/04/2016 - R 01/21/2016 - D	Agreement (2016012601507005)	XXXXXXXX XXXXXX XXXXXX XXX	XXXXXXXX XXXXXXXX XXXX
02/04/2016 - R 01/21/2016 - D	Assignment of Leases and Rents (2016012601507004)	XXXXXXXX XXXXXX XXXXXX XXX	XXXXXXXX XXXXXXXX XXXX
02/04/2016 - R 01/21/2016 - D	Mortgage (2016012601507003)	XXXXXXXX XXXXXX XXXXXX XXX	XXXXXXXX XXXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 1245 Fulton Street, Brooklyn, NY

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax

Tax year

2025-2026

Property tax

$75,472

Municipal exemptions

Recent tax assessments

Market value

$4,430,000

Assessed value

$1,993,500

More about New York City property taxes

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year	Market value	Assessed value	Taxable amount	Tax rate	Base tax	Property tax	Y-o-Y change
2025/26	$3,923,000	$1,765,350	$1,679,040	10.848%	$182,142	$67,825	+1.79%
2024/25	$4,396,000	$1,978,200	$1,681,380	10.762%	$180,950	$66,633	+12.36%
2023/24	$4,121,000	$1,854,450	$1,639,170	10.592%	$173,621	$59,304	+6.86%
2022/23	$3,182,000	$1,431,900	$1,431,900	10.646%	$152,440	$55,498	+11.23%
2021/22	$3,034,000	$1,365,300	$1,365,300	10.755%	$146,838	$49,896	-63.04%
2020/21	$3,949,000	$1,777,050	$1,262,430	10.694%	$135,004	$135,004	+15.30%
2019/20	$3,927,000	$1,767,150	$1,111,230	10.537%	$117,090	$117,090	+15.76%
2018/19	$2,878,000	$1,295,100	$962,010	10.514%	$101,146	$101,146	+30.35%
2017/18	$1,640,000	$738,000	$738,000	10.514%	$77,593	$77,593	-0.14%
2016/17	$1,633,000	$734,850	$734,850	10.574%	$77,703	$77,703	+82.65%

Permits

Permit information for 1245 Fulton Street, Brooklyn, NY

Filing date	Job type	Job status	Job description	Initial cost
12/02/2015	Alteration type 2
10/01/2015	Alteration type 2
09/04/2015	Sign
09/03/2015	Sign
09/02/2015	Sign

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID	Issue date	Type	Status
	09/18/2020	E-elevator elevatorrequired
	09/04/2019	E-elevator elevatorrequired
	08/27/2018	E-elevator elevatorrequired

*Most recent DOB violations on record for this property.

Listings

Neighborhood

Brooklyn commercial market stats

Review a detailed real estate market overview of Brooklyn and assess current trends, property values, property types sold and transaction volumes. View the median price per square foot in Brooklyn and compare it to other New York City boroughs.

Q2 2026 median price/sq. ft.

$533

1.5% Y-o-Y

Q1 2026 median price/sq. ft.

$471

-8.9% Y-o-Y

2025 median price/sq. ft.

$523

5.2% Y-o-Y

Check out recently sold homes in Brooklyn and see how their prices compare.

Risk

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

FEMA flood zones

Hurricane evacuation zones

Subway & traffic

Closest station

Nostrand Ave & Fulton St at NW Corner

Station lines

A-C

Distance (miles)

0.102

View subway map

Access the detailed traffic volume map for 1245 Fulton Street, Brooklyn, NY 11216 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity. View daily traffic map

Neighbors for 1245 Fulton Street, Brooklyn, NY

1239 Fulton St, Brooklyn 1249 Fulton St, Brooklyn 16 Arlington Pl, Brooklyn 1225 Fulton St, Brooklyn 18 Arlington Pl, Brooklyn 1235 Fulton St, Brooklyn 1227 Fulton St, Brooklyn 24 Arlington Pl, Brooklyn 14 Arlington Pl, Brooklyn 1233 Fulton St, Brooklyn 22 Arlington Pl, Brooklyn 8 Arlington Pl, Brooklyn 12 Arlington Pl, Brooklyn 10 Arlington Pl, Brooklyn 1237 Fulton St, Brooklyn 1231 Fulton St, Brooklyn 1223 Fulton St, Brooklyn 1221 Fulton St, Brooklyn 20 Arlington Pl, Brooklyn

Frequently asked questions

What is the year built for 1245 Fulton Street, Brooklyn, NY 11216?

The development at 1245 Fulton Street, Brooklyn, NY 11216 was built in 2016.

What is the market value of 1245 Fulton Street, Brooklyn, NY 11216?

The current market value of 1245 Fulton Street, Brooklyn, NY 11216 is $4,430,000.

What is the total square footage of 1245 Fulton Street, Brooklyn, NY 11216?

1245 Fulton Street, Brooklyn, NY 11216 has a total of 14,888 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.