Three-Unit Residential Income
1991 pacific st Brooklyn, NY 11233
1991 pacific st, Brooklyn, NY, 11233
$1,050,000
For Sale
$1,050,000
MULTI_FAMILY - brooklyn, NY
Property Size2,994 SF
Lot Size0.04 Acres
Price / SF$350.70
Days on Market19
Property Features for 1991 pacific st
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 7
- Bathrooms
- 4
- Rooms
- Bedroom 7, Bathroom 2, Bedroom 5, Bedroom 6, Laundry Room, Bathroom 4, Bathroom 3, Bedroom 3, Bedroom 4, Bathroom 1, Bedroom 1, Bedroom 2
- Standard status
- Active
- Size
- 2,994 SF
- Lot size
- 0.04 Acres
Taxes and HOA fees
- Tax Annual Amount
- 9018
Building Details
- Floors in Building
- 3
Listing Agency
5 BORO REALTY CORP
(917) 705-0005
2153 UTICA AVE, BROOKLYN, NY
Listed by
Nina Sabag
855-305-DEAL
Added: Jul 2 Checked: Jul 20 at 3:06 am
MLS# 11866597
Listing URL
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.
Investment Insights
Based on property information with market context.
1991 Pacific Street presents a move-in-ready residential income property configured as three separate living spaces. The accessory basement unit includes 2 bedrooms and 1 full bathroom. The first floor offers 3 bedrooms and 2 full bathrooms. The second floor has an updated 2-bedroom, 1-bathroom apartment, with built-in closets and ample closet space throughout.
Located in Brooklyn, the property is described as conveniently near shopping, schools, parks, public transportation, and major roadways, supporting straightforward everyday access for occupants.
The home has been maintained throughout and is positioned for flexible use, including the option to occupy one unit while renting the others or consolidating the space to suit changing needs.
Located in Brooklyn, the property is described as conveniently near shopping, schools, parks, public transportation, and major roadways, supporting straightforward everyday access for occupants.
The home has been maintained throughout and is positioned for flexible use, including the option to occupy one unit while renting the others or consolidating the space to suit changing needs.
Key Highlights
- Move‑in‑ready two‑family home with an additional accessory basement unit for three separate living spaces
- Accessory basement unit: 2 bedrooms and 1 full bathroom
- First floor: 3 bedrooms and 2 full bathrooms
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $169.6k | $56.64 |
| − Vacancy | −$3.4k | −$1.13 |
| EGI | $166.2k | $55.51 |
| − OpEx | −$74.8k | −$24.98 |
| NOI | $91.4k | $30.53 |
2,994 SF · lease $56.64/SF/yr · vacancy 2.00% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.50M
$1.31M – $1.75M
NOI $104,855 @ 7.0% cap · market cap 9.99%
Second Best
Apartment 5plus
$1.31M
$1.14M – $1.52M
NOI $91,404 @ 7.0% cap · market cap 8.71%
Theoretical Best
Specialty Retail
$2.48M
$2.17M – $2.89M
NOI $173,532 @ 7.0% cap · market cap 16.53%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Move-in-ready two-family with an additional basement unit offering three separate living spaces.
Where is this triplex located?
The property is located at 1991 pacific st Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: Move‑in‑ready two‑family home with an additional accessory basement unit for three separate living spaces; Accessory basement unit: 2 bedrooms and 1 full bathroom; First floor: 3 bedrooms and 2 full bathrooms
