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Residential Income Property with Roof Deck
New
For Sale
$1,495,000

1590 PACIFIC Street PH, Brooklyn, NY 11213

A duplex residence combines three bedrooms, a private balcony, and substantial outdoor space in a two-apartment building.

Property Size1,591 SF
Price / SF$939.66
Days on Market4

Property Features for 1590 PACIFIC Street PH

General Information

Standard status Active
Size 1,591 SF
Property subtype Duplex

Units

Unit Mix 1 x 3BR/2.5BA
Multifamily Units 1

Additional Details

HOA Fee $300
Public Transit Yes

Taxes and HOA fees

Annual Taxes $12,060

Building Details

Building Size 1,591 SF
Year Built 2013
Listing Agency: Brown Harris Stevens Residential Sales LLC
Listed By: Kaitlin Tsai
Source: Howardhannanyc
Added: Oct 23 Changed: Oct 25 Last Checked: Oct 24 at 2:58PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Brown Harris Stevens Residential Sales LLC

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Investment Insights

Based on property information with market context.

This duplex penthouse in a two-apartment building offers three bedrooms and 2.5 bathrooms, with 680 SF of private outdoor space. The main level includes a living room, kitchen with an oversized island, separate dining room, and half bath. Upstairs are the primary suite with walk-in closet and private balcony, two additional bedrooms, a full bathroom, and a laundry room. A private roof deck adds open views of Manhattan. The home was built in 2013.

The property is in Crown Heights, near the A and C trains at Utica Avenue. Restaurants, cafés, shops, Prospect Park, and the Brooklyn Museum are also nearby, with access to Manhattan.

Key Highlights

  • Duplex penthouse with 3 bedrooms and 2.5 bathrooms
  • 680 SF of private outdoor space, including a roof deck and balcony
  • Building contains two apartments

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$48,572
Cap Rate
3.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$971,440 $971.4K
Cap Rate 7%
$693,886 $693.9K
Cap Rate 9%
$539,689 $539.7K
Market Conditions
NOI Build-Up for 1,591 SF
Gross rent
$90.1K $56.64/SF
− Vacancy
−$1.8K −$1.13/SF
EGI
$88.3K $55.51/SF
− OpEx
−$39.7K −$24.98/SF
NOI
$48.6K $30.53/SF
Area
Brooklyn, NY
Vacancy
2.00%
Lease Rate
$56.64 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$971,440
Cap Rate 7%
$693,886
Cap Rate 9%
$539,689

Alternative Uses

Best Use
Apartment 5plus
$693.9K
$607.2K – $809.5K (±1% cap)
NOI $48,572 @ 7.0% cap · market cap 3.25%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.32M
$1.15M – $1.54M (±1% cap)
NOI $92,214 @ 7.0% cap · market cap 6.17%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

5,083
Businesses Nearby

Demographics for 11213, NY

67,217
Population
29,186
Households
2.3
Avg Household Size
34
Median Age
34%
College-Educated
84%
High-School Grad
1.1 sq mi
ZIP Area
61,106
Density / Sq Mi
$62,040
Median Household Income
$43,736
Median Earnings
$1,607
Median Rent
$1,184,400
Median Home Value

Frequently Asked Questions

What type of property is this?
Residential income property - A duplex residence combines three bedrooms, a private balcony, and substantial outdoor space in a two-apartment building.
Where is this residential income property located?
The property is located at 1590 PACIFIC Street PH Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: Duplex penthouse with 3 bedrooms and 2.5 bathrooms; 680 SF of private outdoor space, including a roof deck and balcony; Building contains two apartments
More about this property
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