497 Pacific Street

497 Pacific Street is a condo located in Boerum Hill, Brooklyn. The building was first built in 1922 and is 102 years old. It was first renovated and altered in 1986. The lot that the building was built on is 60 feet wide and 75 feet long. The official lot area is listed as 4,500 square feet. The building itself is 60 feet wide and 75 feet long. In total, 497 Pacific Street has a total floor area of 12,724 square feet. Of that, 12,724 square feet are used for residential purposes. There are a total of 12 units. Of those, 12 are residential units. There are no commercial units in this building. 497 Pacific Street has a total of 4 floors. Thankfully, the building is equipped with elevator service.

Interested in learning more about the building? There are many great amenities and features for residents in the building. Residents who own pets will be happy to hear that the building is pet-friendly. Both dogs and cats are allowed in the building! There are 39 closings on record, of which we have matching data for 6 listings. In the past 3 years, a listing in this building will typically remain on the market for about 95 days and tend to sell below the original asking price of $1,200,000 by 1.43%. Meaning, listings tend to sell at a median of $1,130 price per square foot. The transaction that took the longest to complete was unit 2B, listed on May 12, 2014 for $1,095,000. This particular unit ultimately sold 205 days later for $1,025,000. The most recent transaction was for unit 3C, which was first advertised on Mar 14, 2023, sold for $1,315,000 on Jun 06, 2023. Fun fact, the oldest transaction we have on record took place on Nov 20, 1986. See the full transaction history for 497 Pacific Street below.

Boerum Hill, where 497 Pacific Street is located, has a median asking price of $1,525,000 for condo buildings. Meanwhile, the building itself has a median asking price of $1,200,000. For interested buyers, that means the building's median asking price is around 0.21% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo buildings in the neighborhood.

Unfortunately, there are currently no active listings within the building but our inventory of available units for sale is constantly updating in real time. Check back frequently for updates.