$1,600,000
Updated 7 years ago
Sold

1379 Pacific Street

Crown Heights, Brooklyn | New York Ave & Brooklyn Ave

14 Rooms5 Beds4 Baths3,360 Square FeetMulti-Family

$1,600,000
floors / apts4 / 4
Lot Size20'x100'
Built Size20'x42'
ZoneR6
Building TypeTownhouse
RE Taxes$6,744
Price Per SF
$476

This property was sold for $1,600,000 on 07/08/19.

Outdoor space and views

  • Backyard

Building Amenities

  • Voice Intercom

Property Description for 1379 Pacific Street

Crown Heights Development Opportunity: Delivered Vacant, 4-Family, 20 x 100 Lot, Brick Townhouse with unused FAR! Built in 1910, this solid 4-Family Federalist-style townhouse presents a compelling opportunity to cashflow as-is or develop into a luxury 4-unit townhouse condominium. The property is zoned R6 and allows up to 4,400 buildable square feet. Currently, 3,360 square feet (20 x 42 building), a new owner could add another 1,040 square feet. The additional square footage could be added now or later. One possibility to add the additional square footage could be via 13 extension on all 4 floors to create 4 extra-large 20 x 55 floor-through units. Another option to add the square footage could be a garden extension and 5th floor setback penthouse. Even without an extension, modest renovation could generate significant rental upside. Fantastic Crown Heights location moments from Brower Park and the Brooklyn Childrens Museum, and three blocks to the A/C train, two blocks to LIRR and only a few short blocks to the 2, 3 and 4 trains. Located in the heart of a neighborhood that has quickly evolved into one of Brooklyns most dynamic, vibrant and exciting districts. The building is moments away from great cafes, shops and restaurants including: King Tai, Boeuf & Bun, Two Saints, Basil Pizza and Wine Bar, Lula's Bagel, Colina Cuervo BAKERIE, Cocoa Grinder, Super Foodtown, Restoration Plaza and much more. Broker/Owner.

Building Details for 1379 Pacific Street

OwnershipMulti-Family
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1910
Floors/Apts4/4
Learn More About the Building

Transit and Citi Bike

Subway

Nostrand Av
0.29 miles
Kingston-Throop Avs
0.32 miles

Railroad

Nostrand AvenueLong Island Rail Road
0.11 miles

Citi Bike

Brooklyn Ave & Dean St
0.12 miles
Herkimer St & New York Ave
0.14 miles

Contact Agents

Contact Agents

Luke Parikh
Corcoran

Crown Heights | Brooklyn

Quick Profile

Originally known as Crown Hill by the Lenape Indians that lived there, Crown Heights has evolved into a diverse neighborhood, occupied primarily by Hasidic Jews and one of the largest Caribbean populations to be found anywhere outside of the West Indies. 

Head over to Nostrand Avenue, one of the main West Indian commercial areas in the neighborhood, which is lined with stores that have been in those exact same places for generations, providing their goods and services to area residents. Kingston Avenue has similar commercial activities that support the Jewish community, and Franklin Avenue shows the most signs of change and gentrification, with an ever-expanding mix of yoga studios, coffee shops, and organic grocery stores that serve the influx of young professionals. No matter which of these areas you visit, you will find an interesting mix of businesses that you wouldn’t normally picture as existing side-by-side. It is all part of the cultural diversity of Crown Heights.

The neighborhood is bisected, from east to west, by Eastern Parkway, which is a beautiful, 3-mile-long boulevard lined with mature trees. This leafy oasis was designed by Frederick Law Olmsted, famed designer of Central Park, the Biltmore Estate in North Carolina, and the U. S. Capitol in Washington, D. C.

You will find a mix of low-rise apartment buildings, large middle-class elevator buildings, brownstones, and some luxury buildings. Century-old architecture stands next to modern residential developments in a visually interesting mix of styles, much as the diversity of the residents exists. People who would not normally meet and mix are forging new pathways to cultural understanding by working, living, and playing together in the same neighborhood.

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: 38728TH