1084 Pacific StBrooklyn, NY 11238

Property Details for 1084 Pacific St

Property type

Land

Description

This exceptional 12,380 square foot residential development site presents a remarkable opportunity in the heart of Brooklyn, New York. Located at 1084 Pacific Street, in Kings County, zip code 11238, this property is zoned for residential construction, offering significant potential for luxury apartment development. The asking price is $12,000,000, translating to a land value of $242 per square foot. Recent comparable sales in the immediate vicinity (within a five-block radius) include 1050 Pacific St (7/31/2023 sale of $26,000,000), 1048 Pacific St (2/15/2022 sale of $3,643,438), 951 Dean St (4/14/2022 sale of $2,500,000), 953 Dean St - 643 Classon St (12/21/2021 sale of $4,730,000), and 527 Grand Ave-956 Pacific St (12/27/2021 sale of $5,250,000). These sales demonstrate strong market demand and support the property's asking price. The site's prime location, just two blocks from Fort Greene and five blocks from Prospect Heights, places it within easy reach of vibrant Franklin Avenue and offers excellent access to public transportation and amenities. This 1031 exchange eligible property is ready for an investor to capitalize on the thriving North Brooklyn real estate market.

Location Insight

City

Brooklyn

County

Kings

State

New York

Latitude

40.6785

Longitude

-73.9568

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].