A central Crown Heights development site delivered on a silver platter: 1362 Pacific Street is a beautiful vacant brick 4 family with approved plans to expand and convert to a 7 unit condo, including parking. These plans involve building out over the drive way and extending back on a 30' x 107' lot. This extra wide and extra deep lot offers 7,812 square feet buildable. Current plans are for 6,800. Developers have been $900-$1,000 PSF for new dev sales in the area. The upside on this opportunity is unparalleled.
Located on Pacific St between New York Ave and Brooklyn Avenue, this block is teeming with restoration, ground up, and conversion activity. 1362 Pacific is four blocks from the Kingston C train, three blocks from the Brooklyn Children's Museum, and four blocks from the busy commercial corridor where Rogers Ave and Bedford Ave meet. Restaurants, bars and cafes nearby include Catfish, Café Rue Dix, Tinto Café, Two Saints, Marche, King Tai, Nostrand Ave Pub, Sweet Brooklyn Bar, and Super Power.
Reach out to discuss the current plans and status.
Listing Agent: Eric Volpe
Courtesy of: Douglas Elliman 664 Fulton St
Office Phone: 718.715.7000
Updated: 24th October, 2017 4:23 AM.
1362 Pacific St Brooklyn, NY