718-768-6888
1026 Pacific St, Brooklyn, NY for Sale
Flex - FOR SALE
1/3
null | Request Cap Rate

1026 Pacific St
Brooklyn, NY 11238
Crown Heights


HIGHLIGHTS

  • Three Lot Assemblage
  • 8,430 SF Total Lot Size
  • 37,431 Gross MIH ZFA
  • Dual Frontage (50ft on Pacific & 20ft on Classon)
  • Split Zoning in M1-2A/R6A & M1-3A/R7D
  • Prime Prospect Heights & Crown Heights Location

OVERVIEW

TerraCRG has been exclusively retained to represent ownership in the sale of 1024-1026 Pacific St & 622 Classon Ave, a three-lot assemblage for residential mixed-use development located within the recently rezoned area of prime Prospect Heights and Crown Heights. Situated between Classon Avenue and Grand Avenue, the property offers a compelling combination of immediate usability, strong zoning fundamentals, and long-term redevelopment upside. Three Lot Assemblage 8,430 SF Total Lot Size 37,431 Gross MIH ZFA Dual Frontage (50ft on Pacific & 20ft on Classon) Split Zoning in M1-2A/R6A & M1-3A/R7D Prime Prospect Heights & Crown Heights Location Overall, 1024-1026 Pacific Street & 622 Classon Avenue offer a balanced risk profile: near-term usability combined with clearly defined zoning upside in a neighborhood where warehouse space is becoming scarcer and the number of residential dwelling units is becoming more abundant.

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

~37,500 ZFA Mixed-Use Development Site

PROPERTY TYPE

Flex

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1900

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.19

LAND SF

8,430

ZONING

M1-2A/R6A, M1-3A/R7D

APN/PARCEL ID

01133-0053

ASK ABOUT THIS PROPERTY

Andrew ManasiaTerraCRG Brooklyn Commercial Real EstateMore Info
718-768-6888

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Andrew ManasiaTerraCRG Brooklyn Commercial Real EstateMore Info
718-768-6888

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.