REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 6,500,000
Est. payment /mo
Active
987 Pacific ST Brooklyn, NY 11238
5,488 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 932031
Rental Info No
Annual Tax Amount $18,922
Lot Size 5,488 Sqft
Acres 0.126
Source onekey2
Property Description
This consolidated site offers a prime development opportunity, with the flexibility to combine the two lots into a single, larger zoning lot. This enables a more efficient, higher-yield development strategy, including the option to pursue either a boutique mixed-use condominium project or a larger-scale residential development with affordable housing.
By merging the parcels, the project can fully leverage the total combined acreage and frontage under the applicable zoning, maximizing buildable potential and design efficiency.
The property is surrounded by significant new residential growth, with over 1,000 recently completed apartments within a few blocks and more than 4,000 additional units in the pipeline. It also benefits from exceptional transit access, including multiple subway lines (A, C, J, M, Z, 2, 3, 4), the LIRR, and major bus routes, and is located just five blocks from the Barclays Center.
By merging the parcels, the project can fully leverage the total combined acreage and frontage under the applicable zoning, maximizing buildable potential and design efficiency.
The property is surrounded by significant new residential growth, with over 1,000 recently completed apartments within a few blocks and more than 4,000 additional units in the pipeline. It also benefits from exceptional transit access, including multiple subway lines (A, C, J, M, Z, 2, 3, 4), the LIRR, and major bus routes, and is located just five blocks from the Barclays Center.
Location
State NY
County Kings (brooklyn)
Interior
Fireplace No
Building
Sewer Public Sewer
Schools
Elementary Schools Brooklyn Arts And Science Elementary
Middle Schools New Heights Middle School
High Schools Contact Agent
School District Contact Agent
Others
Senior Community No
Special Listing Condition None
Listed by Century Homes Realty Group LLC • Ben Lebouvich
Nearby Locations