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~17,000 MIH ZFA Mixed-Use Development Site 1026 Pacific St 29,737 SF 100% Leased Flex Building Brooklyn, NY 11238 For Sale
Investment Highlights
- Three Lot Assemblage
- 37,431 Gross MIH ZFA
- Split Zoning in M1-2A/R6A & M1-3A/R7D
- 8,430 SF Total Lot Size
- Dual Frontage (50ft on Pacific & 20ft on Classon)
- Prime Prospect Heights & Crown Heights Location
Executive Summary
TerraCRG has been exclusively retained to represent ownership in the sale of 1026 Pacific Street, an existing owner-occupied two-story warehouse building with future residential mixed-use development potential. Located within the recently rezoned area of prime Prospect Heights and Crown Heights, the property sits just off Pacific Street near Classon Avenue, Dean Street, and Grand Avenue, offering a compelling combination of immediate usability, strong zoning fundamentals, and long-term redevelopment upside.
4,381 Existing SF
17,578 Gross MIH ZFA
25 FT of Frontage on
Pacific Street
Development Opportunity
Split Zoning in
M1-2A/R6A, M1-3A/R7D (AAM)
Prime Prospect Heights & Crown Heights Location
Overall, 1026 Pacific Street presents a balanced opportunity, combining near-term usability with clearly defined zoning upside in a rapidly evolving neighborhood.
4,381 Existing SF
17,578 Gross MIH ZFA
25 FT of Frontage on
Pacific Street
Development Opportunity
Split Zoning in
M1-2A/R6A, M1-3A/R7D (AAM)
Prime Prospect Heights & Crown Heights Location
Overall, 1026 Pacific Street presents a balanced opportunity, combining near-term usability with clearly defined zoning upside in a rapidly evolving neighborhood.
Property Facts
| Sale Type | Investment | Rentable Building Area | 29,737 SF |
| Property Type | Flex | No. Stories | 1 |
| Building Class | C | Year Built | 1900 |
| Lot Size | 0.19 AC | ||
| Zoning | M1-2A/R6A, M1-3A/R7D | ||
| Sale Type | Investment |
| Property Type | Flex |
| Building Class | C |
| Lot Size | 0.19 AC |
| Rentable Building Area | 29,737 SF |
| No. Stories | 1 |
| Year Built | 1900 |
| Zoning | M1-2A/R6A, M1-3A/R7D |
1 1
Exceptionally walkable
100/100
Somewhat drivable
30/100
Exceptional public transit
100/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 01133-0053 | Improvements Assessment | $217,956 CAD |
| Land Assessment | $30,601 CAD | Total Assessment | $248,557 CAD |
Property Taxes
Parcel Number
01133-0053
Land Assessment
$30,601 CAD
Improvements Assessment
$217,956 CAD
Total Assessment
$248,557 CAD
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~17,000 MIH ZFA Mixed-Use Development Site | 1026 Pacific St
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