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Multifamily

1581 Pacific Street

1581 Pacific St, Brooklyn, NY 11213

Listing Price: $1,600,000

Number of Units
4
GRM
44,296,788,482.84
Occupancy
100.0%
Price/Unit
$400,000
Price/Gross SF
$462.96
Gross SF
3,456

Investment Overview

Marcus and Millichap has been chosen to exclusively represent ownership in the sale of 1581 Pacific Street, a vacant Four-Family apartment building comprised of two one-bedroom apartments and two one-bedroom flex apartments with easy two-bedroom potential. The property is located on Pacific Street between Albany Avenue and Troy Avenue in the Crown Heights neighborhood of Brooklyn.

The subject property was built in 1910 and measures 18 feet wide by 48 feet deep and the lot extends 100 feet deep. The property is zoned R6.

The subject property is located within three blocks of the Kingston Throop Avenues "C" Train Station, providing easy access to Manhattan and the rest of Brooklyn.

Investment Highlights

  • Each Apartment Occupies Own Floor
  • Modern Apartments with Stainless Steel Appliances
  • Each Unit Features Original Mantels and Moldings
  • Fenced 40-foot Backyard Accessible with the Ground Floor
  • Protected Tax Class 2A - Only $11,053 Annually
  • Fully Vacant, Beautifully Gut-Renovated Four-Family Apartment Building

Exclusively Listed By

Listing Price: $1,600,000

Number of Units
4
GRM
44,296,788,482.84
Occupancy
100.0%
Price/Unit
$400,000
Price/Gross SF
$462.96
Gross SF
3,456

Investment Highlights

  • Each Apartment Occupies Own Floor
  • Modern Apartments with Stainless Steel Appliances
  • Each Unit Features Original Mantels and Moldings
  • Fenced 40-foot Backyard Accessible with the Ground Floor
  • Protected Tax Class 2A - Only $11,053 Annually
  • Fully Vacant, Beautifully Gut-Renovated Four-Family Apartment Building

Investment Overview

Marcus and Millichap has been chosen to exclusively represent ownership in the sale of 1581 Pacific Street, a vacant Four-Family apartment building comprised of two one-bedroom apartments and two one-bedroom flex apartments with easy two-bedroom potential. The property is located on Pacific Street between Albany Avenue and Troy Avenue in the Crown Heights neighborhood of Brooklyn.

The subject property was built in 1910 and measures 18 feet wide by 48 feet deep and the lot extends 100 feet deep. The property is zoned R6.

The subject property is located within three blocks of the Kingston Throop Avenues "C" Train Station, providing easy access to Manhattan and the rest of Brooklyn.

Exclusively Listed By

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