INVICTUS Property Advisors is pleased to announce the recent sale of 1114 Fulton Street, a NNN retail building with future redevelopment on the prime Fulton Street commercial corridor. The property is approximately 2,960 SF with a NNN lease in place until 2024. There is also a ICIP tax abatement on the property which is valid until 2031.
- 2,960
SF - $675
Price/SF - 9,172
BSF - 5.30%
Cap Rate - $2,602
ANNUAL TAX BILL
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INVESTMENT HIGHLIGHTS
exclusive agents
Josh Lipton
Manhattan Office
212 596 7579
Andrew Levine
Manhattan Office
212 596 7570
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