Overview

TerraCRG has been exclusively retained to represent ownership in the sale of 622 Classon Ave & 1026 Pacific St, a package of existing owner-occupied two-story warehouse buildings with future residential mixed-use development potential located within the recently rezoned area of prime Prospect Heights and Crown Heights. Situated just off Pacific Street between Classon Avenue, Dean Street, and Grand Avenue, the property offers a compelling combination of immediate usability, strong zoning fundamentals, and long-term redevelopment upside.

• 7,541 Total SF
• 21,636 ZFA with MIH Affordability
• Delivered Vacant
• 25 FT of Frontage on Pacific St & 20 FT on Classon Ave
• M1-3A/R7D & M1-2A/R6A (AAM) Zoning
• Access to multiple subway lines in Prospect Heights, Crown Heights, & Park Slope

Overall, 622 Classon Avenue & 1026 Pacific Street offer a balanced risk profile: near-term usability combined with clearly defined zoning upside in a neighborhood where warehouse space is becoming scarcer and the number of residential dwelling units is becoming more abundant.