Cushman & Wakefield (“C&W”) has been exclusively retained to arrange the sale of 1545 Pacific Street. The property is located in the heart of Crown Heights, one block from Atlantic Avenue. This residential building comprises seven units across three stories, totaling approximately 2,990 square feet.
The building features five studio apartments and two one-bedroom units, providing an efficient and versatile unit mix well-suited to the neighborhood’s strong renter demand. The property’s Tax Class 2B designation provides meaningful protections against rapid tax increases, offering ownership a layer of financial predictability and
stability.
1545 Pacific Street benefits from an exceptional location with immediate access to Atlantic Avenue — one of Brooklyn’s premier retail corridors. The property is also within close walking distance of the A and C train lines at the Kingston-Throop Avenue station on Fulton Street. This ensures strong commuter connectivity for residents
traveling throughout the borough and beyond.
This offering represents a compelling opportunity to acquire a centrally positioned residential asset with a strong in-place cap rate of 7%, stable in-place income, and long-term appreciation potential in one of Brooklyn’s most sought-after and rapidly evolving neighborhoods.