$995,000
Updated 4 years ago
Off Market

1506A Pacific Street

Crown Heights, Brooklyn | Kingston Ave & Albany Ave

2,161 Square FeetDevelopment Site

$995,000
Lot Size20'x117'
ZoneR6
Building TypeVacant Lot
RE Taxes$1,458
Price Per SF
$460

Building Amenities

  • Elevator

Property Description for 1506A Pacific Street

Consider the unlimited possibilities to build on this R6 zoned vacant conveniently located in Crown Heights. The building specs include 20.17’ x 107.17’ max buildable square footage on 2100 of 5251 sq ft that the lot sits on and an allowable FAR of 2.43 and a facility FAR of 4.8. With this, there is potential to build an outstanding multi-family, single family, or condos which can yield a considerable amount of return on the investment. This property sits perfectly within Crown Heights, one of the most centrally located and culturally rich neighborhoods in New York. It’s hard to imagine such distinctive architecture and incredibly beautiful houses exist only 30 mins away from Midtown Manhattan. Crown Heights is situated in the middle of everything as its short distance away from the Long Island Rail Road, A/C Subway at Tompkins stop. Nearby on Fulton Street is filled with banks, restaurants, gyms, and markets. Also, you are close to neighborhood attractions like the Brooklyn Botanic Garden, Prospect Park, Brooklyn Children’s Museum and the Barclay’s Center (home of the Brooklyn Nets).

Listing History for 1506A Pacific Street

Now
09/30/2022
Expired by Harun Sharif Henry
MYNY Residential
09/03/2022
$995,000 [-$105,000] [9.5%]
Price Drop by Harun Sharif Henry
MYNY Residential

Building Details for 1506A Pacific Street

OwnershipDevelopment Site
Building TypeVacant Lot
Learn More About the Building

Contact Agent

Contact Agent

Harun Sharif Henry
MYNY Residential

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: 86947TH