Share This Listing

Message

960 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

987-989 Pacific St 0.13 Acres of Residential Land Offered at $9,417,388 CAD in Brooklyn, NY 11238

Save this listing!

Favourite this listing to get notified of price updates, new media and more

EXECUTIVE SUMMARY

This consolidated site presents a prime development opportunity, leveraging the combined acreage and frontage under the applicable zoning. The property’s zoning allows for the construction of a boutique mixed-use condominium development. Surrounded by major new residential development (over 1,000 new apartments recently completed within a few blocks, with an additional 4,000+ units upcoming). Exceptional access to transit, including subway lines (A, C, J, M, Z, 2, 3, 4), LIRR, and major bus routes. Situated only 5 blocks from Barclays Center.

ATTACHMENTS

Survey

PROPERTY FACTS

Price $9,417,388 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use Apartment Units - Condo
Total Lot Size 0.13 AC
Year Built 1930
Zoning M1-2A/R6-A - Located in the Atlantic Avenue Mixed Use Plan (AAMUP). The site’s zoning was changed from M1-1 to a contextual mixed-use district.

1 LOT AVAILABLE

Lot

Price $9,417,388 CAD
Price Per AC $72,441,445.50 CAD
Lot Size 0.13 AC

~5,500 Sq Ft. 2 adjacent lots (987 Pacific St. & 989 Pacific St.), to be sold collectively. M1-2A/R6-A mixed-use zoning. ~29,500 buildable Sq Ft. Mixed-use development site in Prospect Heights/Crown Heights. Delivery vacant.

Walk Score®
Walker's Paradise (97)
Transit Score®
Rider's Paradise (100)
Bike Score®
Biker's Paradise (92)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 01125-0081
  • 01125-0080
Land Assessment
$139,978 CAD
Improvements Assessment
$458,506 CAD
Total Assessment
$598,484 CAD
  • Listing ID: 38309139

  • Date on Market: 2025-11-03

  • Last Updated:

  • Address: 987-989 Pacific St, Brooklyn, NY 11238

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}