1545 PACIFIC ST Brooklyn NY 11213

Prime Investment Opportunity: Charming 7-Unit Brownstone in Vibrant Crown Heights

Discover this meticulously maintained brownstone in the heart of Crown Heights, Brooklyn—a neighborhood renowned for its tree-lined streets, historic architecture, and easy access to Prospect Park, cultural hotspots, and seamless subway connections to Manhattan. This classic 19.17’ x 45’ building sits on a generous 19.17’ x 100’ lot, offering timeless appeal with modern income potential in a high-demand area.

Boasting 7 spacious units, this rent-stabilized property is already a strong performer, generating $14,045 per month in current rent roll ($168,540 annually). With built-in upside, the legal rents reach $16,629 per month ($199,548 annually), providing savvy investors room to grow revenue through strategic management or allowable increases. One unit is currently vacant, presenting an ideal opportunity to either occupy it yourself as a luxurious owner-occupant setup—enjoying positive cash flow from the other six units—or lease it out to maximize returns.

Zoned R6 and classified as Tax Class 2B, this well-kept gem features low annual taxes of just $11,262, enhancing its profitability. Whether you’re seeking a hands-off cash-flowing asset or a live-in investment that pays for itself, this property delivers exceptional value at a compelling 7.5% cap rate.

Don’t miss your chance to own a piece of Brooklyn’s thriving real estate market—schedule a viewing today and unlock the full potential of this turnkey brownstone!

Newer tenants, high legal rents and high preferential rents. Good condition!