Multifamily Housing - For Sale
1997 Pacific Street Brooklyn, NY 11234
Details & Description
Price: $3,350,000
  • Property Type Multifamily for Sale
  • Lot Size Acres 0.000
  • Building Sq Ft 8,060
  • Building Price per Sq Ft $415.63
Asset CRG Advisors, LLC has been exclusively retained to market 1997 Pacific Street, a nine-unit mixed-use building consisting of seven apartments and two stores in the Crown Heights neighborhood of Brooklyn.The building is situated on the corner 2,250 square foot lot and consists of 8,060 square feet. 5 out of the seven apartments have been renovated in the last few years. The property is located between Buffalo Avenue & Ralph Avenue.The property is well positioned with great access to public transportation, located near Ralph Avenue [A,C] Train Station & Utica Avenue [A,C] Train Station. The property is also located near multiple [B47], [B15, B65], [B46] bus stations.Ownership has set the asking price at $3,350,000.
Property Highlights
 Array
Additional Photos
Listing Agents
Sadya Liberow

O: 646-363-6175
M: 347-762-4055
sadya@assetcrg.com
While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

1997 Pacific Street

Brooklyn, NY 11234

Listing ID: 300757
$3,350,000
For Sale
  • Property Type Multifamily for Sale
  • Lot Size Acres 0.000
  • Building Sq Ft 8,060
  • Building Price per Sq Ft $415.63
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Property Highlights
 Corner mixed-use building consisting of 7 Apartments and 2 Stores for Sale in Crown Heights neighborhood of Brooklyn.
 Building consists of 8,060 square feet.
 Property is located near Ralph Avenue [A,C] Train Station.
 Property is also located near Utica Avenue [A,C] Train Station.
Description

Asset CRG Advisors, LLC has been exclusively retained to market 1997 Pacific Street, a nine-unit mixed-use building consisting of seven apartments and two stores in the Crown Heights neighborhood of Brooklyn.

The building is situated on the corner 2,250 square foot lot and consists of 8,060 square feet. 5 out of the seven apartments have been renovated in the last few years. The property is located between Buffalo Avenue & Ralph Avenue.

The property is well positioned with great access to public transportation, located near Ralph Avenue [A,C] Train Station & Utica Avenue [A,C] Train Station. The property is also located near multiple [B47], [B15, B65], [B46] bus stations.

Ownership has set the asking price at $3,350,000.

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Brooklyn Area Market Trends

Listing Demographics for 1997 Pacific Street Brooklyn, NY 11234

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

1-Mile 3-Miles 5-Miles
Total Population177,0181,246,4162,630,811
Population Median Age373737
Population by Age0-9 Yrs21589 (12%)156681 (12%)330279 (12%)
10-19 Yrs19974 (11%)142216 (11%)290016 (11%)
20-29 Yrs33793 (19%)222432 (17%)427234 (16%)
30-39 Yrs27924 (15%)211171 (16%)447889 (17%)
40-49 Yrs22612 (12%)154079 (12%)333956 (12%)
50-59 Yrs21000 (11%)143181 (11%)307361 (11%)
60-69 Yrs15796 (8%)112744 (9%)257042 (9%)
70+ Yrs14330 (8%)103912 (8%)237034 (9%)
Median HH Income$46,538$58,890$67,889
Total Household Income< 24K22450 (32%)122101 (25%)223914 (22%)
25-49K14210 (20%)89499 (18%)175490 (17%)
50-74K9298 (13%)70417 (14%)140737 (14%)
75-99K7556 (10%)55677 (11%)116644 (11%)
100-199K12243 (17%)100922 (21%)232700 (23%)
200K+3927 (5%)37873 (7%)114064 (11%)
Highest Education LevelNo Diploma20845140483294926
Diploma or GED37279243186459578
Some College19243129981247577
Assoc. Degree856655858113759
Bachelors Degree23359183434442383
Higher Degree12355106383285390
Total Housing Units75,325518,6171,091,137
--Owner-Occupied14,226113,491295,714
--Renter-Occupied55,458362,998707,833
Owner-Occupied Values< 100K65742149670
100-199K48221028014
200-299K372361613138
300-399K976901720781
400-499K7401411029949
500K+1100080431214162
Total Working Age Population143,2071,000,8282,117,632
In Work Force87,822644,0821,370,395
Not In Work Force55,384356,746747,237
Workforce Employed79,827596,9521,283,667
Workforce Unemployed7,98746,82386,167
Civlian Workforce87,814643,7761,369,834
Military Workforce8306561
Total Households69,684476,4891,003,547
Family Households38,820275,641591,142
Non-Family Households30,864200,848412,405
Married Couple14,807138,753359,589
Other Family24,013136,887231,552
Married w/Child5,93059,724155,562
Single Male w/Child1,8289,07815,994
Single Female w/Child8,80945,13773,151

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
New York18,976,457+219,378,102+420,146,131+220,604,030
Queens County2,229,37902,230,722+92,436,549+52,565,268
Kings County2,465,326+22,504,700+92,738,283+52,863,996
New York County1,537,195+31,585,873+61,688,894+21,727,631

Total Working Age Population:

Total Households:

Total Working Age Population:

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Total Working Age Population:

Total Households:

No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Listing Location & Map Views
Other Multifamily Housing Listings for Sale Nearby
Address Price Sq Ft Acres
1564 Prospect Place, Brooklyn, NY $1,850,000 6000 -
538 Bainbridge Street, Brooklyn, NY $1,800,000 5585 -
2156 Fulton St, Brooklyn, NY CALL 25000 -
266 Malcolm X Boulevard, Brooklyn, NY $1,950,000 6760 -
2380 Pacific Street, Brooklyn, NY $1,500,000 3000 -
455 Marcus Garvey Boulevard, Brooklyn, NY $1,450,000 4125 -
366 Utica Avenue, Brooklyn, NY $899,000 3040 0.05
58 De Sales Place, Brooklyn, NY $999,000 4500 -
70 Linden St, Brooklyn, NY $23,500,000 130000 -
816 Eastern Pkwy, Brooklyn, NY CALL 17000 -
Closest Commercial Airports
Airport Distance (mi)
La Guardia Airport (LGA) 7
John F Kennedy International Airport (JFK) 8
Newark Liberty International Airport (EWR) 13
Listing Agent
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