Duplex With Accessory Dwelling
For Sale
$1,050,000
1991 Pacific St, Brooklyn, NY 11233
Residential Income, Brooklyn, NY
Property Size2,994 SF
Lot Size0.04 Acres
Price / SF$350.70
Days on Market117
Property Features for 1991 Pacific St
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
7
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 2, Bathroom 3, Bedroom 2, Bedroom 4, Bedroom 5, Bedroom 6, Bathroom 1, Bedroom 7, Bedroom 3, Bedroom 1, Laundry Room, Bathroom 4
Subdivision
Crown Heights
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
Listed By:
Nina Sabag
855-305-DEAL
Added: Jul 2
Changed: Oct 19
Last Checked: Oct 26 at 4:06PM
MLS# 11866597
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.
This duplex at 1991 Pacific St includes an accessory basement unit and two additional apartments, creating three separate living spaces within 2,994 square feet. The basement unit has 2 bedrooms and 1 full bathroom. The first-floor residence contains 3 bedrooms and 2 full bathrooms, while the second-floor apartment offers 2 bedrooms and 1 bathroom and has been updated. Built-in closets and additional closet space are provided throughout the home.
The property occupies 0.0383 acres in Brooklyn, NY 11233. Shopping, schools, parks, public transportation, and major roadways are identified as nearby, providing access to common neighborhood services and transportation options. The home is described as well maintained and move-in ready, with a layout that supports owner occupancy, rental use, or multigenerational living.
The property occupies 0.0383 acres in Brooklyn, NY 11233. Shopping, schools, parks, public transportation, and major roadways are identified as nearby, providing access to common neighborhood services and transportation options. The home is described as well maintained and move-in ready, with a layout that supports owner occupancy, rental use, or multigenerational living.
Key Highlights
- 2,994 square feet with 0.0383 acres of land
- Three separate living spaces across the duplex and accessory basement unit
- Basement unit includes 2 bedrooms and 1 full bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$91,404
Cap Rate
8.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,828,080
$1.8M
Cap Rate 7%
$1,305,771
$1.3M
Cap Rate 9%
$1,015,600
$1.0M
Market Conditions
NOI Build-Up for 2,994 SF
Gross rent
$169.6K $56.64/SF
− Vacancy
−$3.4K −$1.13/SF
EGI
$166.2K $55.51/SF
− OpEx
−$74.8K −$24.98/SF
NOI
$91.4K $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%
$1,828,080
Cap Rate 7%
$1,305,771
Cap Rate 9%
$1,015,600
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 authorities.
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Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
3,862
Businesses Nearby
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Business Placement
Demographics for 11233, NY
75,399
Population
34,412
Households
2.2
Avg Household Size
35
Median Age
33%
College-Educated
86%
High-School Grad
1.3 sq mi
ZIP Area
57,999
Density / Sq Mi
$62,034
Median Household Income
$47,149
Median Earnings
$1,613
Median Rent
$1,013,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Three separate living spaces allow for owner occupancy, rental use, or multigenerational living.
Where is this duplex 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: 2,994 square feet with 0.0383 acres of land; Three separate living spaces across the duplex and accessory basement unit; Basement unit includes 2 bedrooms and 1 full bathroom
