Pacific St between Brooklyn Ave and Kingston Ave
Property Description
This Pacific Street parcel presents a rare infill development opportunity in the heart of Crown Heights, Brooklyn, situated within the landmarked Crown Heights North Historic District. The 2,143 SF lot is zoned R6 and offers approximately 4,714 square feet of as-of right residential buildable area at a 2.20 FAR — with significant upside available through the Universal Affordability Preference, which unlocks up to 8,357 square feet at a 3.90 FAR, and a total buildable envelope of 10,286 square feet at 4.80 FAR under City of Yes. The site is delivered vacant with no existing structure, streamlining the path to development. Located steps from the A/C subway at Kingston Avenue, with a Walk Score of 95 and Transit Score of 100, the parcel offers developers a compelling opportunity to deliver contextual residential density in one of Brooklyn's most sought-after neighborhoods.
Key Property Information
| Listing Status: | Unavailable |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Land/Development |
| Price: | $1,400,000 |
| Lot Size: | 0.24 Acres |
| Opportunity Zone: | No |
| Property Website | Click Here |
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Cap Rate Calculation
Step 4Final Deal Analysis
Similar Properties in the Area
Brokers
View All-
Remax Real Estate Professionals
Re/Max Real Estate Professionals
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout