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1385 Pacific Street

Townhouse | sold
Between New York Avenue and Brooklyn Avenue
WEB ID: 5723475
  • Annual Tax: $3,559
  • 14 BEDS
  • 8.5 BATHS
  • 5240 APPROX. SQFT
  • 4 FLOORS
  • 20 WIDTH
  • BUILT 1915

The Details

About 1385 Pacific Street

**Asking only $505/foot - 6% cap rate with over $155k in annual net income on this 2019 renovated 4-unit multifamily investment property in Western Crown Heights!!** The building is vacant with market-rate rentals. This property just underwent an extensive renovation down to the studs and has all new roof, electrical, plumbing, central heat/air, etc. All units have central air, washer/dryer un...

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    South of Atlantic Avenue (and Bed-Stuy) and east of Prospect Park, Crown Heights includes a huge swath of central Brooklyn. The neighborhood is often associated with two communities: a Caribbean community (which tends to be most concentrated in the northern half) and a Hasidic one (largely to the south and east, especially in the blocks around Kingston Avenue and south of Eastern Parkway). That said, these demographic boundaries aren’t strictly defined, and part of the appeal of Crown Heights is that it isn’t uncommon to find a bakery selling Jamaican patties next to one selling kosher pastries. Other New Yorkers also find a welcome here, including an increasing number of, for lack of a better term, hipsters. Crown Heights’ changing demographics have led to a number of new restaurants and bars, concentrated along Franklin Avenue and, to a lesser extent, Washington, the western boundary of Crown Heights.

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    about the building

    about the building

    1385 Pacific Street

    1385 Pacific Street

    Multi-Family Townhouse in Crown Heights

    Between New York Avenue and Brooklyn Avenue

    4 UNITS
    1915 BUILT

    Sales History

    Sales History for 1385 Pacific Street

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    Not sure if this fits your budget? There might be tax savings, so talk to an agent for details.

    • 30 Years Fixed
    • 20 Years Fixed
    • 15 Years Fixed
    • 7 Years Fixed
    • 5 Years Fixed
    • Principal & Interest$9,357.34
    • Property Taxes$296.58
    • Maintenance / Common Charges0