Assignments

Boutique Crown Heights Development Site

1404A Pacific Street, Brooklyn, NY 11216

1404A Pacific Street, Brooklyn, NY 11216

under contract

Asking
Sale Price
$
1400000
1400000

Property Details

Status
For Sale
Property Type
Residential Development Site
Price Summary
$
1400000
Sale Price
$
1400000
Buildable SF
4714
Building SF
4714
LOT SF
4714
Cap RATE
%
Zoning
R6

Highlights

  • Prime Crown Heights Location — Steps from the Kingston-Throop Avenues A/C station with easy access to Lower Manhattan.
  • Vacant Lot, Ready to Develop — No demolition required; proceed directly to design and filing.
  • 4,714 Residential BSF — R6 zoning, 2.2 FAR on a 2,143 SF lot; UAP bonus up to 8,357 BSF.
  • Community Facility Option — Up to 10,286 BSF available under the 4.8 CF FAR.
  • Offered at $1,400,000 — Competitively priced vacant development site in a high-demand Brooklyn market.

Property DEscription

Block 1209, Lot 13 presents a compelling development opportunity in one of Brooklyn's most active residential markets. Situated on a 20' x 107.17' lot totaling 2,143 SF, the site is zoned R6 with a 2.2 base FAR, yielding approximately 4,714 buildable SF for residential development—with UAP bonuses available up to 8,357 BSF. The R6 designation also accommodates community facility use, with up to 10,286 buildable SF available under the 4.8 CF FAR, offering flexibility for developers evaluating mixed-use or institutional programming. The property is delivered as a vacant lot, allowing a buyer to proceed directly to design and filing without the cost or delay of demolition. Crown Heights continues to attract strong developer and investor interest, driven by its transit access, established residential demand, and proximity to both Prospect Park and the broader Central Brooklyn market. Steps from the Kingston-Throop Avenues A/C station, the site offers convenient access to Lower Manhattan and beyond.

Map

Dean Abouelhassan
Senior Associate
(516) 532-5385
DA@landairnyc.com

Documents

Offering Memorandum
Data Room

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