1509 Pacific Street, Brooklyn, NY, USA

Crown Heights, Brooklyn

Vacant, Renovated Eight-Family in Crown Heights

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Asking Price

$3,200,000

Lot SF

2,043 SF (approx.)

Gross Residential SF

6,800 SF (approx.)

Stories

Walk-Up / Elevator

Walk-Up

Renovated Eight-Unit Building
Four-story brick multifamily with a desirable unit mix
Building Delivered 100% Vacant
The building will be delivered vacant at closing, offering a blank slate for lease-up or repositioning
Attractive Crown Heights Location
5-minute walk to the Kingston-Throop A/C subway station. Also, steps from Brower Park and the Brooklyn Children’s Museum
Tax Class 2A
Tax Class 2A limits assessment increases to 8% per year (capped at 30% over five years), helping maintain lower and more predictable operating expenses
Strong Long-Term Fundamentals
A rare opportunity to establish a presence in Crown Heights, one of Brooklyn’s most rapidly appreciating neighborhoods, with sustained renter demand and strong market momentum