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Sold for $691,210 on 05/13/24
  • $691,210

    1588 Pacific St, Brooklyn, NY 11213

    5beds
    3,667sqft
    MultiFamily
    Built in 2004
    -- sqft lot
    $903,800 Zestimate®
    $188/sqft
    $4,515 Estimated rent

    Owner options

    List your home for rent

    $4,515/mo

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    $4,515/mo

    Rent Zestimate®

    Refinance and save

    $3,932/mo

    Est. payment

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    $3,932/mo

    Est. payment

    What's special

    1588 Pacific is a two family brick townhouse built in 2004 with a total of 5 bedrooms, 6 full bathrooms, and 3 floors of living space plus a fully finished cellar. Built 55 feet deep on a 107 foot lot, this home can be used in a multitude of ways and enjoyed by both investors and end users. The owners triplex has three large bedrooms and three full bathrooms, a laundry room and a private backyard. The parlor level kitchen, living and dining room are North facing and receive a plethora of sunlight! On the rear of the home, a large bedroom with access to the fully manicured backyard with a flowering peach tree providing shade and treats on hot summer days. A raised deck and turf grass makes it low maintenance and tidy, and offers the perfect landscape for summer barbecues! Upstairs, the primary suite has an en-suite bathroom, and a large home office space that could also be used as a walk in closet- there is plenty of space for both! The second bedroom has access to a separate full bathroom in the hallway. Upstairs, a large two bedroom apartment that has a washer & dryer would rent for approx. $3,000. The triplex would rent for approximately $7,500. Annual taxes: $7,624/year. With a little over 1,000 sq ft of buildable, a projected $10,500 of monthly income- this could be the perfect investment opportunity for a savvy investor at a 6.1% cap rate. Close to the A, C, 3 & 4 trains at Utica Ave and easy street parking, 5 minutes from Brooklyn Children's Museum, and a plethora of parks and green spaces.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 6
    • Full bathrooms: 6
    Cooling
    • Central
    Interior area
    • Total interior livable area: 3,667 sqft

    Property

    Lot
    • Size: 1,786 sqft
    Details
    • Parcel number: 013400034

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 2004

    Community & neighborhood

    Location
    • Region: Brooklyn