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1321 Fulton Street

Updated Aug 27, 2026

Bilt advertisement
Chicken Stop Acquires Mixed-Use Property At 1321 Fulton Street From Juan Solano & Lilia Solano For $1.95M
SOLDMixed-use

Chicken Stop Acquires Mixed-Use Property At 1321 Fulton Street From Juan Solano & Lilia Solano For $1.95M

1321 Fulton Street

$1,950,000

$601/SF

Building Size

3,240 SF

Asset Type

Mixed-use

Closing

Aug 14, 2026

About this deal

AI

This mixed-use property located at 1321 Fulton Street in Brooklyn, featuring 4 apartments and 1 retail unit, sold for $1,950,000. The property comprises a total of 3,240 square feet, resulting in a price per unit of $390,000 and a price per square foot of $601.

Summary of transaction details:

  • Property Type: Mixed-use (4 Apartments & 1 Retail)
  • Transaction Amount: $1,950,000
  • Units: 5
  • Square Footage: 3,240
  • Price Per Unit: $390,000
  • Price Per Square Foot: $601
  • Seller: Juan Solano & Lilia Solano

The buyer, representing Chicken Stop, expressed gratitude for the acquisition, noting the hard work and dedication of their entire team. Special acknowledgments were made to their attorney, Vassos Law Firm, and Ponce Bank for their roles in facilitating the transaction. The buyer also mentioned plans for expanding Chicken Stop into additional locations in the future.

Players

Juan Solano

1321 Fulton AE LLC

Seller

$2M

vol

1 deal

Seller
Ponce Bank
Ponce BankLender

Brooklyn Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

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Deal FAQ

About $601 per square foot on a published $2M for 3,240 square feet (2026).

Visit Juan Solano to view all their deals.

Browse Brooklyn mixed use sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

8.13%

Cash-on-Cash

-2.32%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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