New York City · Commercial sale
680 Fulton Street Owner buys 686 Fulton Street in Brooklyn for $17.5 million
An apartment building at 686 Fulton Street, Brooklyn sold for $17,500,000 on September 29, 2026. See the seller and buyer net sheets for this sale.
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- Sale price
- $17,500,000
- Sold
- September 29, 2026
- Property type
- Apartment building
- Building area
- 36,047 sq ft
- Price per sq ft
- $485
- Year built
- 1907
An apartment building at 686 Fulton Street in Brooklyn sold for $17,500,000. That price is 82% above its market value of $9,636,000. The sale closed on September 29, 2026, according to city property records.
The building has 36,047 square feet of space. It sits on an 11,005-square-foot lot. The tax roll shows it was built in 1907. The deal works out to $485 per square foot.
The seller is Clermont Holding CO, LLC, The Joel I Wagman 1978 Trust, Fulton Street Associates LP, Ibec Properties, LLC, Barry Forwand, as Trustee, The Forwand Living Trust, Robert Fulton LLC, Fulton Street Sister LLC, Joel Wagman, as Trustee and Loraine Burshell. The buyer is 680 Fulton Street Owner LLC. The deed records the transaction.
This summary was written by AI from public sales records and checked by automated rules. The figures come from the record and the NetSheet.org rules engine. How we make these.
What were the closing costs in New York City?
By our estimate, the seller's two largest charges, not counting prorations, were $459,375 for the nYC real property transfer tax (commercial/other) and $70,000 for the nY State real estate transfer tax. Who pays what follows New York City custom.
How much did the seller net?
By our estimate, the seller netted about $17,141,810. That is before any broker commissions and any loan payoff.
How much cash did the buyer bring to closing?
A cash buyer would need about $17,776,908 at closing. That covers the full price and closing costs.
Run this net sheet with your numbers (free) See photos on Zillow
Source: NYC Department of Finance, ACRIS (NYC Open Data), document 2026100500172002. Property details: NYC Department of Finance. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.
