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1425 Pacific Street - Crown Heights, New York

Property Details:
  • 1425 Pacific Street - Crown Heights, New York
  • Price: $1,299,000
  • Monthly Real Estate Tax: $307
  • Neighborhood: Crown Heights
  • Multi-Family
  • Approximate Sq. Feet: 3,825
  • Listing ID: 3782466

1425 Pacific Street - Crown Heights, New York

Four Story / Two Unit Brownstone in prime North Crown Heights steps from the coveted Nostrand A/C subway and famous Franklin Avenue restaurant row.

Build wealth and build the perfect home at the same time with this rare fixer-upper priced at just $1,299,000. Similar sized homes nearby have sold recently for over $2,600,000.

This diamond in the rough is priced to sell for half the price because it needs work, so bring your contractor. (If you are buying a primary residence and want to design your perfect home ask me about excellent purchase and construction financing in-one.)

1425 Pacific Street is a legal 2 family with exceptionally high ceilings though out. This home has great bones and is ready to be restored. The property is delivered vacant and features 3,750 feet including the high-ceilinged rec-room. (Additional buildable square feet approximately 1,500 sqft. Consult your architect.)

1425 Pacific Street is conveniently located steps from two of the most exciting Restaurant Rows in Brooklyn today, Franklin Avenue and Nostrand Avenue (see map). The area is a hive of activity with trendy restaurants, coffee shops, and bike shops. It's almost like buying near the Smith Street Restaurant Row in Boerum Hill, but for half the price(!) and with surprisingly more convenient transportation.

The area is also home to major new development such as The Dean (www.thedeanbk.com) and popular adaptive reuse development such as Berg'n (www.bergn.com) alongside neighborhood staples like King Tai (www.kingtaibar.com), Sweetbar (www.sweetbar.com), Nagels Bagels, The Breuklen, and Meme's.

North Crown Heights is a mass transit power-house with convenient transportation and popular bike lanes. To the north, just steps away, is the Fulton/ Nostrand Express A/C train (12 minutes to Manhattan and 20 Minutes to 14th Street). To the south, both the 3/4 Subways are less than a ten minute walk down bustling Nostrand Ave. Finally, the ultra-fast B44 goes straight to and from Williamsburg 24 hours a day, seven days a week.

Because of its incredible location, Pacific Street is still experiencing a re-birth for the record books. The south side of the street features restored pre-war apartment buildings and condominiums while the north side is an unbroken line 19th century brownstone townhouses. Most have been restored to their original glory over the last 10 years.


This listing courtesy of Douglas Elliman

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575 MADISON AVENUE, NEW YORK, NY 10022. 212. 891.7000 © 2019 DOUGLAS ELLIMAN REAL ESTATE. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE, THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT OR ZONING EXPERT. EQUAL HOUSING OPPORTUNITY. DRE # 01947727