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About This Home

This 0-bedroom, 0-bathroom commercial at 987 Pacific Street in Brooklyn, NY is listed for $6,500,000. on a 0.13 acres lot.

Agent Description

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.

Key Features

  • 0.13 acre lot

Monthly Cost Estimate

$34,763/mo

20% down · 6.5% · 30 years

Principal$4,701
Interest$28,167
Insurance$1,896

Estimates only. Actual payments may vary.

Location

987 Pacific Street

Brooklyn, NY 11238

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 987 Pacific Street is listed at $6,500,000. The estimated monthly payment is $28,167 based on 20% down at 6.5% interest.

Key features include: 0.13 acre lot.

This property is listed by Ben Lebouvich and can be reached at 5162652727 or benrealestateny@gmail.com.

BL

Ben Lebouvich

Agent at Century Homes Realty Group LLC

(516) 265-2727

Listed by Century Homes Realty Group LLC

MLS# 932031· Source: listhub· Updated 157 days ago

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987 Pacific Street, Brooklyn, NY 11238

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