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Active

1526 Pacific Street

Brooklyn NY, 11213

$1,795,000


$782.14 per sqft

Active

22 Beds

8 Baths

2,295 sqft

Town House

Ideal investment opportunity in the heart of Crown Heights at 1526 Pacific Street.
Great for the buyer looking for the high cap rate and the upside the area has. This rent stabilized building is an Eight unit property but currently confirmed as a 10 unit rental building. The total square footage of the property is 7.800 square feet with no such air rights or buildable capabilities. At $1,795,000.00, the current price per square foot is: $230! The current NET on this deal is $161,025.13 with a cap rate of 8.97%. Various units can be delivered vacant so capability for end user or developer with a long term play.

Rent Roll can be provided upon request and the building information is as follows:

Building Dimensions: 27 X 85
Lot Dimensions: 27 X 101.17
Zoning: R6

RPLU-33423005586

MLS ID

May 13, 2024

Listed

August 23, 2024

Updated

Map

1526 Pacific Street
Brooklyn NY, 11213

Interior Features

Total Stories

4


Bedrooms

22


Total Bathrooms

8


Full Bathrooms

8


Laundry Description

In Unit


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.07 Acres

Other Property Details

Taxes

$12,636


Tax Frequency

Annually


Garage

No


View

No


View Description

Other


County

Kings


Pool

No

Listed by Santo Rosabianca with Corcoran Group
Listing Contact: (347) 446-4937 

The IDX display contains information sourced from the Real Estate Board of New York as of 8/23/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2024 Real Estate Board of New York all rights reserved.

Data last updated on 8/23/2024 at 5:00 PM UTC

 

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