Residential Development Site in Crown Heights

1024 Pacific Street

Crown Heights

Cross Streets Classon Ave & Grand Ave
Building Dimensions 25 ft x 110 ft
Lot Dimensions 25 ft x 110 ft
Zoning R7A, C2-4
Subways
a
c
s
2
3
4
5
Buses
B14, B17, B45, B46, B49, B65, B71
Other Transportation
Long Island Rail Road
Request More Info
Would you like to know more?

I would like to be contacted:

Are you in a 1031 Exchange?

Development 1024 Pacific Street, Crown Heights
Mike Rafter
Have Mike contact you

Want Mike to contact you?

I would like to be contacted:

Are you in a 1031 Exchange?

Details

Existing Building SF 2,750
Lot SF 2,750
MIH MIH Options 1 & 2 Available

Overview

TerraCRG has been retained to exclusively represent ownership in the sale of the development site at 1024 Pacific Street in Crown Heights. The property is located within a recently rezoned area that now provides an R 7 A, C 2 4 zoning, giving this 25 ft x 110 ft lot 12 650 ZFA. The rezoned area is also designated for Mandatory Inclusionary Housing however, this can be waived for new developments less than or equal to 12 500 ZFA of residential area and 10 residential units or less.

This pocket of Crown Heights is changing fast. Major new developments within just one block are either already underway or in pre development. These include 1010 Pacific Street 175 rental units), 1050 Pacific Street (159 rental units), 979 Pacific Street (Building 1: 64 rental units & Building 2: 65 rental units), and 1034 1042 Atlantic Ave (Building 1: 174 rental units & Building 2: 36 rental units).

 

Attractions

The property is in a prime location as it is nearby Prospect Park, the Brooklyn Museum, Brooklyn Botanic Garden, and a short distance from the popular Franklin Avenue retail
corridor. Also nearby is 1000 Dean, one of the most sought after office spaces for creatives in Brooklyn. Convenient subway access is nearby at the Franklin Avenue stop, serving the C and S lines.

Prospect Park
Brooklyn Museum
Brooklyn Botanic Garden

Brooklyn Neighborhood Guides

Our neighborhood guides tell you everything you need to know about Brooklyn, from comprehensive market data to the best places to eat, shop and play.

Learn More >