Studio apartment for rent in Bedford-Stuyvesant

Positioned along one of Central Brooklyn's most active commercial corridors and within one of Brooklyn's fastest-growing neighborhoods, 1779 Fulton Street presents a rare mixed-use development opportunity. Situated on a 2,154 SF lot (25.62' 88.96') with 25 feet of frontage on Fulton Street, the property is zoned R7D/C2-4 and offers the ability to develop approximately 10,038 buildable residential square feet, creating an exceptional opportunity for developers looking to capitalize on the area's strong residential demand.Located in a highly walkable, transit-oriented neighborhood, the site is just minutes from the Utica Avenue, Ralph Avenue, and Kingston?Throop Avenues subway stations. Combined with strong neighborhood demographics, high pedestrian activity, and a well-established retail corridor, the property is ideally suited for a mixed-use project with ground-floor commercial space and residential apartments above, or another development permitted under the existing zoning.The property is currently improved with a renovated commercial storefront and two renovated studio apartments, providing interim income while plans and approvals are pursued for future redevelopment.Residential Development PotentialThe property's most significant value lies in its ability to accommodate approximately 10,038 buildable residential square feet under the current zoning. This residential development capacity provides the opportunity to deliver a modern apartment building in a neighborhood benefiting from continued investment, strong rental demand, and limited new housing inventory.Its combination of residential density, excellent transit access, and prominent Fulton Street frontage makes the site well-positioned for a high-quality residential or mixed-use development that can generate strong long-term value.Property HighlightsSale Price: $1,999,000Price per Residential Buildable SF: Approximately $199/SFLot Size: 2,154 SF (25.62' 88.96')Residential Buildable Area: Approximately 10,038 SFZoning: R7D/C2-425 feet of frontage on Fulton StreetExisting renovated commercial storefront with two renovated studio apartmentsExcellent access to multiple subway linesExceptional pedestrian traffic and neighborhood visibilityDense surrounding residential population and strong daytime employmentInvestment OpportunityDevelopment sites offering more than 10,000 buildable residential square feet along Fulton Street are becoming increasingly scarce. With flexible zoning, an established income-producing improvement, and outstanding transit connectivity, 1779 Fulton Street represents an opportunity to create a modern residential or mixed-use project in one of Brooklyn's most active and evolving commercial corridors.Whether developed as a rental apartment building, condominium project, or mixed-use asset with neighborhood-serving retail, the property offers the scale, location, and zoning flexibility to support a compelling long-term investment.