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1545 Pacific Street, Brooklyn, NY 11213 For Sale

DW
NY 10401384207
Cushman & Wakefield New York
KB
NY 10401384207
Cushman & Wakefield New York
DV
NY 10401278952
Cushman & Wakefield
NK
NY NY 10401356729
Cushman & Wakefield New York
JS
NY 10401375964
Cushman & Wakefield New York
Cushman & Wakefield New York
Listed by Cushman & Wakefield New York, Cushman & Wakefield
$1,725,000
83 days on market
Updated 21 days ago

1545 Pacific Street

Details
APN 1204-58
Property Type Multifamily
Square Footage 3,450
Units 7
Cap Rate 7.21%
Occupancy 100%
Tenancy Multi
Price per SqFt $522
Year Built 1931
Buildings 1
Stories 3
Lot Size (SqFt) 1,917
Zoning R6
Investment Type Owner/User

Crown Heights, Multifamily | 7.21% CAP | 7 Units

Marketing description

Cushman & Wakefield ("C&W") has been exclusively retained to arrange the sale of 1545 Pacific Street. The property is located in the heart of Crown Heights, one block from Atlantic Avenue. This residential building comprises seven units across three stories, totaling approximately 2,990 square feet.

The building features five studio apartments and two one-bedroom units, providing an efficient and versatile unit mix well-suited to the neighborhood's strong renter demand. The property's Tax Class 2B designation provides meaningful protections against rapid tax increases, offering ownership a layer of financial predictability and stability.

1545 Pacific Street benefits from an exceptional location with immediate access to Atlantic Avenue - one of Brooklyn's premier retail corridors. The property is also within close walking distance of the A and C train lines at the Kingston-Throop Avenue station on Fulton Street. This ensures strong commuter connectivity for residents traveling throughout the borough and beyond.

This offering represents a compelling opportunity to acquire a centrally positioned residential asset with a strong in-place cap rate of 7.21%, stable in-place income, and long-term appreciation potential in one of Brooklyn's most sought-after and rapidly evolving neighborhoods.

Listing Contacts

DW
NY 10401384207
Cushman & Wakefield New York
KB
NY 10401384207
Cushman & Wakefield New York
DV
NY 10401278952
Cushman & Wakefield
NK
NY NY 10401356729
Cushman & Wakefield New York
JS
NY 10401375964
Cushman & Wakefield New York
Cushman & Wakefield New York
Listed by Cushman & Wakefield New York, Cushman & Wakefield

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Additional Information

Name
Dylan Walsh
License
10401384207
Brokerage
Cushman & Wakefield
Brokerage Phone
9178875441
Brokerage Address
1290 6th Avenue
Name
Kieran Baker
License
10401384207
Brokerage
Cushman & Wakefield
Brokerage Address
1290 6th Avenue
Name
Dimitri Venekas
License
10401278952
Brokerage
Cushman & Wakefield
Name
Nick Kolbus
License
NY 10401356729
Name
Jeremy Stern
License
10401375964
Brokerage
Cushman & Wakefield
Brokerage Phone
212 389 6734
Title
Real Estate Sales Person
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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