125 Fulton Street

BKREA has been retained on an exclusive basis to arrange the sale of 125 Fulton Street (“the Site”), a remarkable residential development opportunity located in Manhattan’s Financial District. The Site sits block through with 25' of frontage along Fulton Street and Ann Street with 118' of depth. The site is currently improved with a two-story restaurant. The existing lease includes a demolition clause, providing the owner with the flexibility to terminate the tenancy and clear the property to facilitate future development. The 2,954-square-foot lot is split zoned located in the C6-4(R10), C5-5(R10) LM, a designation that permits a residential Floor Area Ratio (FAR) of 10.0 (commercial FAR 10.0). This equates to a maximum as-of-right residential and commercial zoning floor area (ZFA) of approximately 29,540 square feet. Furthermore, the property lies within an Inclusionary Housing designated area, making it eligible for additional floor area through the purchase of off-site Universal Affordability Preference (UAP) certificates. This bonus would add 5,908 sq ft of residential ZFA, for a total development potential of 35,448 sq ft of residential space under current zoning regulations.125 Fulton Street