914 Pacific Street, Brooklyn (Crown Heights), NY, 11238 | $4,950,000

Welcome to 914 Pacific Street , a 6, 180 sq. ft. , five-story, three-unit income-producing townhouse with a garage offering an exceptional blend of modern design, scale, and investment potential. This expansive 25' wide townhouse , set on a 110' lot features three thoughtfully designed residences and benefits from a 421-a tax abatement through 2035, resulting in exceptionally low real estate taxes and strong rental income.

The triplex , unit 1, will be delivered vacant. Designed with a seamless open layout and 10' ceilings, the main level features a sleek kitchen, a generous island with seating, and a defined dining area. Sliding doors open to a private landscaped garden, a tranquil oasis with custom circular stone seating and lush seasonal greenery, perfect for Zen relaxation and entertaining . The living area is expansive yet refined with gallery lighting highlighting for wall art, a powder room tucked away and direct access to the 310 sq. ft . parking garage equipped with an EV charger. The lower level offers exceptional flexibility, currently configured with an open floor space, a full bath, two rooms being utilized as home office spaces, laundry area, and separate storage. Your options are endless and easily suited for a media room, gym, guest quarters, or additional living space.
The upper level of the triplex features four well-proportioned bedrooms and two full baths. The primary suite opens to an oversized 10'x24' terrace with an outdoor ceiling fan, creating a peaceful retreat. The adjacent bath includes heated floors for added comfort. Next to the primary bedroom is an additional bedroom, currently used as a home office, offers a dressing area, and two additional spacious bedrooms are with oversized windows overlooking greenery. In total, this triplex unit is nearly 3, 000 sq. ft. in total.

Above, two full-floor rental residences provide immediate income. Each residence features oversized windows, allowing natural light to flow throughout the living spaces. Both units have two bedrooms, dishwashers, and in-unit washer/dryers. Unit 2, a sweeping 1200 sq. ft . living space, includes two full baths, a private balcony and accessible from both bedrooms. Unit 3, a generous 1800 sq. ft . , a duplex features two bedrooms, a 310 sq. ft. loft/flex space, third full bath, and expansive private roof deck. Eac h unit is separately metered, including electric and heat. The two rental units generate a market rate rent stabilized monthly income of $10, 015, $120, 190 annually.

Positioned in the vibrant Brooklyn neighborhood of Crown Heights on the Prospect Heights border, surrounded by popular dining, cafes, parks, and convenient transportation. 914 Pacific Street presents a rare and compelling opportunity to secure both a luxurious primary residence and a high-performing investment asset. A truly distinctive property in today's market.

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