$1,024,999
Updated 9 years ago
Sold

1774A Pacific Street

Crown Heights, Brooklyn | Utica Ave & Rochester Ave

14 Rooms8 Beds4 Baths3,400 Square FeetMulti-Family

$1,024,999
floors / apts4 / 2
Lot Size17'x107'
Built Size17'x50'
ZoneR6
Building TypeTownhouse
RE Taxes$8,000
Price Per SF
$301

This property was sold for $1,024,999 on 02/17/16.

Outdoor space and views

  • Backyard

Building Amenities

  • Voice Intercom
  • Outdoor Parking
  • Stoop Entry

Property Description for 1774A Pacific Street

Perfect for your "Home + Income" or an Investor!

Own this entire 4 story, 2 family townhouse, with 2 private parking spots in Crown Heights North for LESS than the cost of a condo in Prospect Heights.

Best of all, this completely up-to-date townhouse is next to the Utica EXPRESS A/C subway just 20 minutes from Manhattan.

Both units are huge -- 1,700 sq.ft. each -- with 4 bedrooms / 3 bathrooms and can rent for $4000 per month each and tenants pay ALL their own utilities.

Projected Income: $96,000
Projected Expenses:
Tax: $8,000
Water: $1,500
Insurance: $2,000
Misc.: $3,000
Projected Net Income: $81,500
Cap rate: Approx. 7.5%

This area just off Utica Avenue is undergoing fantastic redevelopment right now with a dozen large, new upscale apartment buildings that will continue to make your investment in Brooklyn grow and grow. Get ahead of the herd and don't miss your chance to buy a strong income producing home in this amenity rich neighborhood 20 minutes from Manhattan.

Listing History for 1774A Pacific Street

Now
02/17/2016
$1,024,999
Sold and Closed by Bren Salamon
Douglas Elliman
2016

Building Details for 1774A Pacific Street

OwnershipMulti-Family
Building TypeTownhouse
Service LevelVoice Intercom
AgePost-War
AccessWalk-up
Year Built2007
Floors/Apts4/2
Learn More About the Building

Transit and Citi Bike

Subway

Utica Av
0.23 miles
Ralph Av
0.47 miles

Citi Bike

Pacific St & Utica Ave
0.08 miles
Pacific St & Rochester Ave
0.09 miles

Contact Agent

Contact Agent

Bren Salamon
Douglas Elliman

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: 57441TH