Ideal investment opportunity in the heart of Crown Heights at 1526 Pacific Street.
Great for the buyer looking for the high cap rate and the upside the area has. This rent stabilized building is an Eight unit property but currently confirmed as a 10 unit rental building. The total square footage of the property is 7.800 square feet with no such air rights or buildable capabilities. At $1,795,000.00, the current price per square foot is: $230! The current NET on this deal is $161,025.13 with a cap rate of 8.97%. Various units can be delivered vacant so capability for end user or developer with a long term play.
Rent Roll can be provided upon request and the building information is as follows:
Building Dimensions: 27 X 85
Lot Dimensions: 27 X 101.17
Zoning: R6
Active
$1,795,000
1526 Pacific St #B, Brooklyn, NY 11213
22beds
7,800sqft
Building
Built in 1931
-- sqft lot
$-- Zestimate®
$230/sqft
$-- HOA
What's special
- 445 days
- on Zillow |
- 197 |
- 9 |
Zillow last checked: 7 hours ago
Listing updated: July 29, 2025 at 06:04pm
Listing by:
Corcoran 347-446-4937,
Santo Rosabianca
Source: StreetEasy,MLS#: S1719440
Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 22
- Bathrooms: 8
- Full bathrooms: 8
Rooms
- Room types: Bike Room
Interior area
- Total structure area: 7,800
- Total interior livable area: 7,800 sqft
Property
Features
- Patio & porch: Other
- Exterior features: Courtyard
Details
- Special conditions: Resale
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Building
Condition
- Year built: 1931
Community & HOA
Community
- Subdivision: Crown Heights
Location
- Region: Brooklyn
Financial & listing details
- Price per square foot: $230/sqft
- Annual tax amount: $12,636
- Date on market: 5/29/2024
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