Crown Heights Multi-Family
1544 Pacific Street, Brooklyn, NY 11213
MULTI_FAMILY - Brooklyn, NY
Property size:
3,640 SFLot size:
0.05 AcresPrice / SF:
$411/SF- Added:
- Mar 24, 2026
- Days on Market:
- 55
- Last Refresh:
- May 17 at 8:06 am
Property Features for 1544 Pacific Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R6
- Bedrooms
- 9
- Bathrooms
- 4
- Rooms
- Bedroom 6, Bedroom 8, Bedroom 7, Bathroom 2, Bathroom 4, Bedroom 3, Bedroom 9, Bedroom 2, Bathroom 1, Bathroom 3, Bedroom 1, Bedroom 4, Bedroom 5
- Interior features
- Refrigerator, Stove
- Basement
- Unfinished
- Standard status
- Active
- Size
- 3,640 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Annual Amount
- 13600
Building Details
- Year built
- 1910
- Floors in Building
- 3
- Number of units
- 3
- Flooring type
- Hardwood
- Building materials
- Wood Frame
- Roof type
- Flat
Listing agent Lee S Wasserman (718) 763-4110
Listing office Bergen Basin Realty LLC 3120 Quentin Rd, Brooklyn, NY (718) 787-4110
Listing date Mar 24, 2026
MLS# 499934
Listing URL
Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Prime Crown Heights location near museums, restaurants, cafes, and mass transit.
- High rental income potential, estimated north of $150,000 annually.
- Close proximity to multiple subway lines (A, C, 2, 3, 4, 5, D, N, Q, R) and the LIRR.
- 20‑foot wide, 3‑family townhouse offering significant space.
- Opportunity for instant equity after gut renovation.
- Suitable for conversion into a custom two‑family dwelling.
Overview
This multi-family townhouse is located in Crown Heights, Brooklyn, near museums, restaurants, cafes, and mass transit. The property is a 20-foot wide, three-family home centrally located near the LIRR, Atlantic Avenue-Barclays Center, and the A, C, 2, 3, 4, 5, D, N, Q, and R train stations. Bus access is available from B44 Nostrand Avenue/New York Avenue, B65 Dean Street/Bergen Street, B52 Gates Avenue, and B12 St. Marks Avenue. The property, situated on a 0.0492-acre lot, has a total size of 3640 square feet. It features multiple levels, a parlor floor, and cellar space. The property is zoned R6. The property is intended as a high-producing rental income property or a custom two-family dwelling. Note that the home is in need of a gut renovation and is sold in "as is" condition; prospective buyers should consult the building department website to check for active violations and consult with an architect and expeditor.
Financial Insights
Value Estimation Calculated for Multifamily LT 5
Conservative
$1.42M
NOI $127,479 @ 9.00% cap · cautious / downside scenario
Moderate
$1.82M
NOI $127,479 @ 7.00% cap · market / base-case scenario
Aggressive
$2.55M
NOI $127,479 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
Calculated for Multifamily LT 5
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $185.6k | $51.00 |
| − Vacancy | −$3.5k | −$0.97 |
| EGI | $182.1k | $50.03 |
| − OpEx | −$54.6k | −$15.01 |
| NOI | $127.5k | $35.02 |
3,640 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Use Scenarios
Best Use
Multifamily LT 5
$1.82M
$1.59M – $2.12M
NOI $127,479 @ 7.0% cap · market cap 8.50%
Second Best
Apartment 5plus
$1.59M
$1.39M – $1.85M
NOI $111,125 @ 7.0% cap · market cap 7.41%
Theoretical Best
Specialty Retail
$3.01M
$2.64M – $3.52M
NOI $210,974 @ 7.0% cap · market cap 14.07%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Triplexes
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.938192
- Latitude
- 40.676779
Nearby Similar for Sale
FAQs
What type of property is this?
Triplex - Prime Brooklyn location near transit, museums, and restaurants.
Where is this triplex located?
The property is located at 1544 Pacific Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,499,000.
What are key features of this property?
This property features: Prime Crown Heights location near museums, restaurants, cafes, and mass transit.; High rental income potential, estimated north of $150,000 annually.; Close proximity to multiple subway lines (A, C, 2, 3, 4, 5, D, N, Q, R) and the LIRR.
