Bedford Stuyvesant

1425 Fulton Street

Mixed-Use Development Site At 1425 Fulton Street On The Market, Bedford-Stuyvesant

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.



370 Gates Avenue

Four-Family Residential Building Filed At 370 Gates Avenue, Bed-Stuy

Property owner Rafael Reihanian has filed applications for a four-story, four-unit residential building at 370 Gates Avenue, in western Bedford-Stuyvesant. The same developer filed for a similar building at the adjacent lot 368 Gates Avenue on Friday, and both buildings will measure nearly 5,000 square feet each. L&C Associates is designing, and a dilapidated two-story townhouse was recently approved for demolition.




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