Four-Story Multifamily
For Sale
$4,500,000
Pending
166 Pacific Street, Brooklyn, NY 11201
Residential Income, Brooklyn, NY
Property Size5,010 SF
Lot Size0.06 Acres
Days on Market141
Property Features for 166 Pacific Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
5
Full bathrooms
5
Rooms
Bedroom 3, Bathroom 3, Bathroom 5, Bathroom 4, Bedroom 1, Bathroom 2, Bathroom 1, Bedroom 4, Bedroom 2
Subdivision
Cobble Hill
High school district
000000
Standard status
Pending
Size
5,010 SF
Lot size
0.06 Acres
Building Details
Architectural style
Other
Buildings
1
Listing Agency:
Compass
(646) 982-0353
Listed By:
Sarah Slavin
Added: Jun 9
Changed: Oct 27
Last Checked: Oct 27 at 8:06AM
MLS# 11816346
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Located at 166 Pacific Street in Brooklyn, this multifamily townhouse contains 5,010 square feet across four floors. The 25-foot-wide building occupies a 25' x 100' lot and is currently constructed to a depth of 45 feet. The first and second floors each include a 17-foot extension, creating additional existing floor area within the structure. The property is delivered vacant and presents a configuration suitable for reconfiguration or further expansion, subject to applicable requirements.
The building sits in the Cobble Hill Historic District between Court Street and Clinton Street, near neighborhood restaurants, shops, and other local amenities. The Parking Club is located down the block, providing a nearby parking option in the surrounding neighborhood.
The building sits in the Cobble Hill Historic District between Court Street and Clinton Street, near neighborhood restaurants, shops, and other local amenities. The Parking Club is located down the block, providing a nearby parking option in the surrounding neighborhood.
Key Highlights
- 5,010 square feet across four floors
- 25‑foot‑wide townhouse on a 25' x 100' lot
- Existing 45‑foot building depth
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$152,950
Cap Rate
3.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,059,000
$3.1M
Cap Rate 7%
$2,185,000
$2.2M
Cap Rate 9%
$1,699,444
$1.7M
Market Conditions
NOI Build-Up for 5,010 SF
Gross rent
$283.8K $56.64/SF
− Vacancy
−$5.7K −$1.13/SF
EGI
$278.1K $55.51/SF
− OpEx
−$125.1K −$24.98/SF
NOI
$153.0K $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%
$3,059,000
Cap Rate 7%
$2,185,000
Cap Rate 9%
$1,699,444
Alternative Uses
Best Use
Apartment 5plus
$2.19M
$1.91M – $2.55M
NOI $152,950 @ 7.0% cap · market cap 3.40%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$4.15M
$3.63M – $4.84M
NOI $290,380 @ 7.0% cap · market cap 6.45%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Open Analytics
Location Intelligence
Trade Area within ½ mile
11,919
Businesses Nearby
Explore this area
Business Placement
Demographics for 11201, NY
69,703
Population
36,155
Households
1.9
Avg Household Size
35
Median Age
79%
College-Educated
96%
High-School Grad
1.4 sq mi
ZIP Area
49,788
Density / Sq Mi
$169,285
Median Household Income
$113,681
Median Earnings
$3,207
Median Rent
$1,131,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Multifamily property - Vacant townhouse within the Cobble Hill Historic District, with existing extensions on the first and second floors.
Where is this multifamily property located?
The property is located at 166 Pacific Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: 5,010 square feet across four floors; 25‑foot‑wide townhouse on a 25' x 100' lot; Existing 45‑foot building depth
