Price Reduced 4.41%


Price History

$6,800,000
11/4/2025

$6,350,000
11/6/2025

$6,800,000
11/20/2025

$6,500,000
12/21/2025


987 Pacific Street, Brooklyn, NY, 11238

987 Pacific Street, Brooklyn, NY, 11238

This consolidated site offers a prime development opportunity, with the flexibility to combine the two lots into a single, larger zoning lot. This enables a more efficient, higher-yield development strategy, including the option to pursue either a boutique mixed-use condominium project or a larger-scale residential development with affordable housing. By merging the parcels, the project can fully leverage the total combined acreage and frontage under the applicable zoning, maximizing buildable potential and design efficiency. The property is surrounded by significant new residential growth, with over 1,000 recently completed apartments within a few blocks and more than 4,000 additional units in the pipeline. It also benefits from exceptional transit access, including multiple subway lines (A, C, J, M, Z, 2, 3, 4), the LIRR, and major bus routes, and is located just five blocks from the Barclays Center.


Status:

Active

Type:

Lot / Acreage

Acreage:

0.13

Est. Taxes:

$18,923

Assessment

$239,850

Current Use

Commercial, Vacant

Elementary School:

Brooklyn Arts And Science Elementary

Middle School:

New Heights Middle School

High School:

Contact Agent

School District:

Contact Agent

Days on Market:

134

MLS #:

932031


Community Info

School Info

Walk Score

Mass Transit

Yelp


Listing courtesy of Century Homes Realty Group LLC 718-886-6800