See Home Value
$1,899,000
Townhouse - Off Market

531 Pacific Street

BROOKLYN, NY 11217
bedrooms
Studio
bathrooms
0 Bath
$2,849,808
RealtyHop Estimate
50.07%
Since Jan 1, 2018
NY-New York
Primary Model

About This Property

Asking price Just Reduced!!

Subject property is a 4 story building. 2408sf as built.

FAR allows for an additional 1032sf.

Lot is 19.08 ft x 90 ft.

Property will be delivered vacant.

Property requires a full gut renovation.

Situated on a prime Brooklyn block located a short walk from Barclays Center and the Atlantic Terminal, you have easy access to world class entertainment and a multitude of transportation options for your daily commute.  

This stretch of Pacific Street is a mix of classic and nouveau Brooklyn: 2-3 family brownstone homes, development sites, and completed luxury condominiums.  Located right in the middle of the block, at 531 Pacific, the choice is yours.  

Should you renovate, extend, and create your dream home?

Or would you prefer to analyze the existing developments as comps for your own boutique condo development?

Either way, opportunity awaits in the middle of Pacific.  

Property sold as-is.  Interior photos available upon request.

Property is in good condition, but is not set up for immediate release as a rental/income property, and is best suited for end user or developer.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Townhouse
Property Taxes
-
HOA Dues
-
Year Built
1899
Last updated: 7 years ago ( #RLMX-03823003199437)

Price History

Date / Event Date Event Price
Dec 30, 2017 Listed by KWNYC Tribeca $1,899,000
Listed by KWNYC Tribeca

Property Highlights



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Condo
2 Beds
2.5 Baths
1,327 ft²
$1,428/ft²
$1,895,000 Jun 8, 2016
$1,895,000 Jul 1, 2018
$2,114/mo
Condo
2 Beds
2.5 Baths
1,337 ft²
$1,417/ft²
$1,895,000 Sep 7, 2016
$1,895,000 Jun 27, 2018
$2,130/mo
Condo
2 Beds
2 Baths
1,164 ft²
$1,647/ft²
$1,917,338 Aug 3, 2022
$1,917,338 Apr 14, 2023
$2,284/mo
Condo
3 Beds
2 Baths
1,416 ft²
$1,374/ft²
$1,945,000 Feb 2, 2018
$1,945,000 Dec 14, 2018
$2,235/mo
Condo
2 Beds
2 Baths
1,199 ft²
$1,518/ft²
$1,820,000 Sep 20, 2016
$1,820,000 Jun 27, 2018
$1,909/mo
Condo
2 Beds
2 Baths
1,193 ft²
$1,672/ft²
$1,995,000 Jun 3, 2016
$1,995,000 Jun 27, 2018
$2,122/mo
Condo
2 Beds
2 Baths
1,392 ft²
$1,361/ft²
$1,895,000 Dec 30, 2021
-
$3,530/mo
Condo
2 Beds
2 Baths
1,249 ft²
$1,517/ft²
$1,895,000 Mar 7, 2022
-
$2,650/mo
Condo
2 Beds
2 Baths
1,141 ft²
$1,643/ft²
$1,875,000 Jun 17, 2022
-
$2,166/mo
Condo
2 Beds
2 Baths
1,100 ft²
$1,693/ft²
$1,862,500 Jun 17, 2022
-
$2,064/mo
Condo
2 Beds
2 Baths
1,249 ft²
$1,461/ft²
$1,825,000 Mar 20, 2023
-
$2,315/mo
Condo
2 Beds
2 Baths
1,141 ft²
$1,599/ft²
$1,825,000 May 24, 2022
-
$2,070/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20171230
12/30/2017
Studio
-
-
$1,899,000
bedrooms
Studio
bathrooms
-
-
11/26/2018
Peter-Charles Bright
KWNYC Tribeca

Building Info

531 Pacific Street 531 Pacific Street, Brooklyn, NY 11217
  • 3 Units
More about this Building
531 Pacific Street
Want to find out who owns 531 Pacific Street, Brooklyn, NY 11217? Get detailed property transactions here .

About South Brooklyn


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