$12,000,000
Updated a year ago
Off Market

1084 Pacific Street

Crown Heights, Brooklyn | Classon Ave & Franklin Ave

20 Rooms16 Beds16 Baths49,520 Square FeetDevelopment Site

$12,000,000
floors1
Lot Size70'x130'
ZoneM1-1
Building TypeLow-Rise
RE Taxes$6,636
Price Per SF
$242

Property Description for 1084 Pacific Street

DEVELOPMENT SITE This site boasts exceptional potential, situated at the crossroads of Crown Heights, Ft. Greene, and Prospect Heights. The building lot spans 70 feet by 130 feet, with a slight irregularity in shape. Recent adjustments in zoning regulations now afford adept developers the opportunity to construct approximately 50,000 square feet of luxurious residential real estate. Presently, the site accommodates a well-established one-story funeral home with ample parking space. The location is bordered by Atlantic Ave, Franklin Ave, Classon Ave, and Dean St. Conveniently, it's positioned just three blocks away from the Franklin Ave C train, a mere five blocks from the Franklin Ave shuttle, and a short seven blocks from The Barclay Center. Significant developments in the vicinity include the Washington Tower, Prospect Place Condos, and 904 Street Condominiums. Notably, an approved development site at 953 Dean St is set for a substantial mixed-use development, totaling an announced 164,763 square feet. It's crucial to verify all square foot measurements independently for accuracy.

Listing History for 1084 Pacific Street

Now
10/15/2023
$12,000,000
Initial Price by Jason Christie
Compass
Launch

Building Details for 1084 Pacific Street

OwnershipDevelopment Site
Building TypeLow-Rise
AgePost-War
AccessWalk-up
Year Built2005
Floors1
Learn More About the Building

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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: 92958TH