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.
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