Log In/Sign Up
Your email has been sent.
~37,500 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 1024-1026 Pacific St & 622 Classon Ave, a three-lot assemblage for residential mixed-use development located within the recently rezoned area of prime Prospect Heights and Crown Heights. Situated between Classon Avenue and Grand Avenue, the property offers a compelling combination of immediate usability, strong zoning fundamentals, and long-term redevelopment upside.
Three Lot Assemblage
8,430 SF Total Lot Size
37,431 Gross MIH ZFA
Dual Frontage (50ft on Pacific & 20ft on Classon)
Split Zoning in M1-2A/R6A & M1-3A/R7D
Prime Prospect Heights & Crown Heights Location
Overall, 1024-1026 Pacific Street & 622 Classon Avenue offer a balanced risk profile: near-term usability combined with clearly defined zoning upside in a neighborhood where warehouse space is becoming scarcer and the number of residential dwelling units is becoming more abundant.
Three Lot Assemblage
8,430 SF Total Lot Size
37,431 Gross MIH ZFA
Dual Frontage (50ft on Pacific & 20ft on Classon)
Split Zoning in M1-2A/R6A & M1-3A/R7D
Prime Prospect Heights & Crown Heights Location
Overall, 1024-1026 Pacific Street & 622 Classon Avenue offer a balanced risk profile: near-term usability combined with clearly defined zoning upside in a neighborhood where warehouse space is becoming scarcer and the number of residential dwelling units is becoming more abundant.
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
Walk Score®
Walker's Paradise (96)
Transit Score®
Rider's Paradise (100)
Bike Score®
Biker's Paradise (95)
Property Taxes
| Parcel Number | 01133-0053 | Improvements Assessment | $157,050 |
| Land Assessment | $22,050 | Total Assessment | $179,100 |
Property Taxes
Parcel Number
01133-0053
Land Assessment
$22,050
Improvements Assessment
$157,050
Total Assessment
$179,100
1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
~37,500 ZFA Mixed-Use Development Site | 1026 Pacific St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.