$13,900,000
Updated 7 years ago
Off Market

1432-1440 Pacific Street

Prospect Heights, Brooklyn | Kingston Ave & Brooklyn Ave

26,292 Square FeetIncome Property

$13,900,000
floors / apts4 / 28
Lot Size99'9"x300'
ZoneR6
Building TypeLow-Rise
Price Per SF
$529

Building Amenities

  • Voice Intercom

Property Description for 1432-1440 Pacific Street

GFI Realty Services, LLC is pleased to present the exclusive offering of 1432, 1436 & 1440 Pacific Street, three contiguous (4)-story walk-up apartment buildings with a combined total of 28 apartments; 26 are currently vacant, of which 18 are in need of a gut renovation. The buildings are located in the Crown Heights section of Brooklyn and approximately three blocks away from the commercial corridor along Fulton Street. Nearby mass transit is served by the A and C trains.

Listing History for 1432-1440 Pacific Street

Now
05/16/2019
POM by Yosef Katz
GFI Realty Services
2019

Building Details for 1432-1440 Pacific Street

OwnershipIncome Property
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Floors/Apts4/28
Learn More About the Building

Transit and Citi Bike

Subway

Kingston-Throop Avs
0.22 miles
Nostrand Av
0.47 miles

Railroad

Nostrand AvenueLong Island Rail Road
0.31 miles

Citi Bike

Brooklyn Ave & Dean St
0.09 miles
Bergen St & Kingston Ave
0.12 miles

Contact Agent

Contact Agent

Yosef Katz
GFI Realty Services

Prospect Heights | Brooklyn

Quick Profile

Prospect Heights is a small residential neighborhood surrounded by big attractions. It’s rich in culture and offers the perfect blend of old Brooklyn charm and modern-day hipness. 

Residents of this tight-knit community include young professionals, families and long-time residents. It’s a walkers paradise - just steps from Prospect Park and a short walking distance to neighborhoods like Downtown Brooklyn, Fort Green and Clinton. You’re close to culture too. Brooklyn Museum, Brooklyn Library, Brooklyn Botanical Garden, Brooklyn Academy of Music and the Barclays Center are all nearby.

Prospect Heights is bordered by Flatbush Avenue to the west, Washington Avenue to the east, Atlantic Avenue and Dean Street to the north and Eastern Parkway to the south.

Prospect Heights, like many areas of New York City, was first inhabited by indigenous tribes and eventually settled by the Dutch and turned into farmland. 

A significant part of the Revolutionary War was fought in Prospect Heights and the surrounding areas. Known as the Battle of Brooklyn, it was the first military engagement following the Declaration of Independence. Things didn’t go so well for American forces so they retreated and the British occupied Manhattan for several years after the Battle of Brooklyn.

In 1867, the opening of Prospect Park caused major housing growth in Prospect Heights. The middle-class neighborhood was soon populated by Jewish, Italian, and Irish workers. Many of which were shop-owners or employed as laborers in nearby factories.

Housing in Prospect Heights includes single-family row houses, historic townhouses, co-ops, and new luxury condos. The median listed price for a 1-bedroom in Prospect Heights is $680,000 with an average price per square foot is $944.

The neighborhood's commercial artery runs along Vanderbilt Avenue and Washington Avenue. The variety of businesses adds to the charm of the neighborhood. They include bars, pubs, restaurants and mom-and-pop stores of all types. The shops and eateries are a perfect alternative to the big-name attractions that bracket the neighborhood. It's a little bit of everything in this neighborhood. 

Subways are plentiful in Prospect Heights. Its proximity to Manhattan is another perk of the neighborhood. It's about a half-hour train ride. The B, D, N, Q, R, 2, 3, 4 and 5 subway lines all serve the Atlantic Avenue/Barclays Center station. 2, 3, 4, B and Q trains cover the neighborhood and the A and C trains are nearby too. 

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 74435TH