987-989 Pacific St - Residential LAND FOR SALE


Brooklyn, NY 11238- Crown Heights5,663 SF
$6,500,000 USD
516-265-2727
987-989 Pacific St, Brooklyn, NY for Sale
$6,500,000 USD
Residential LAND - FOR SALE
1/8
5,663 SF

987-989 Pacific St
Brooklyn, NY 11238
Crown Heights


OVERVIEW

This consolidated site offers a prime development opportunity, with the flexibility to combine the two lots into a single, larger zoning lot. This enables a more efficient, higher-yield development strategy, including the option to pursue either a boutique mixed-use condominium project or a larger-scale residential development with affordable housing. By merging the parcels, the project can fully leverage the total combined acreage and frontage under the applicable zoning, maximizing buildable potential and design efficiency. The property is surrounded by significant new residential growth, with over 1,000 recently completed apartments within a few blocks and more than 4,000 additional units in the pipeline. It also benefits from exceptional transit access, including multiple subway lines (A, C, J, M, Z, 2, 3, 4), the LIRR, and major bus routes, and is located just five blocks from the Barclays Center.

FOR SALE DETAILS

PRICE

$6,500,000 USD

PRICE/ACRE

$50,000,000/AC

PRICE/SF

$1,148 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Apartment Units, Apartment Units - Condo

LAND ACRES

0.13 AC

LAND SF

5,663 SF

OFFSITE IMPROVEMENTS

-

ZONING

M1-2A/R6-A

APN/PARCEL ID

01125-0080,01125-0081

ASK ABOUT THIS PROPERTY

Ben LebouvichCentury Homes Realty Group LLCMore Info
516-265-2727

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Ben LebouvichCentury Homes Realty Group LLCMore Info
516-265-2727

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