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    987 Pacific St Brooklyn, NY 11238

    For Sale
    $6,800,000

    COMMERCIAL - Brooklyn, NY

    Lot size:
    0.13 Acres
    Days on Market:
    16
    Last Refresh:
    Dec 5 at 1:06 am

    Property Features for 987 Pacific St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    01125-0080, 01125-0081
    Lot size
    0.13 Acres

    Utilities

    Sewer type
    Public Sewer

    Century Homes Realty Group LLC (718) 886-6800 [email protected]

    Listing agent Ben Lebouvich (516) 265-2727

    Listing date Nov 20, 2025

    MLS# 932031 Listing URL

    Copyright © 2025 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Brooklyn Development Opportunity Near Transit

    This consolidated site in Brooklyn, NY, offers a development opportunity with combined acreage and frontage under the applicable zoning. The property's zoning allows for the construction of a boutique mixed-use condominium development. The location is surrounded by major new residential developments, with over 1,000 new apartments recently completed within a few blocks and an additional 4,000+ units upcoming. Exceptional access to transit is available, including subway lines A, C, J, M, Z, 2, 3, and 4, the LIRR, and major bus routes. The site is situated only 5 blocks from Barclays Center. The lot size is 0.126 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Global Strongman Gym Gym D and L Studio ... Recording Studio D&L Music Group Recording Studio Brown Bag Studio Recording Studio

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.96109
    Latitude
    40.67981

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    FAQs

    What type of property is this?
    Commercial land - Prime commercial land for mixed-use development near Barclays Center.
    Where is this commercial land located?
    The property is located at 987 Pacific St Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $6,800,000.
    What are key features of this property?
    This property features: - Prime development opportunity with combined acreage and frontage.; - Zoning allows for boutique mixed-use condominium development.; - Exceptional access to multiple subway lines (A, C, J, M, Z, 2, 3, 4), LIRR, and major bus routes.
    (516) 265-2727
    Request Owner's contact information
    987 Pacific St Brooklyn, NY 11238
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    Brooklyn, NY 11238
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    987 Pacific St Brooklyn, NY 11238
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