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Four-Family Brownstone with Backyard
For Sale
$2,495,000
Pending

544 Pacific Street, Brooklyn, NY 11217

Commercial Sale, Brooklyn, NY

Property Size3,240 SF
Days on Market483

Property Features for 544 Pacific Street

General Information

Property type Commercial Sale
Property subtype Other
Bedrooms 6
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 6, Bedroom 3, Bathroom 4, Bedroom 1, Bathroom 3, Bedroom 5, Bathroom 2, Bedroom 2, Bathroom 1, Bedroom 4
Subdivision Boerum Hill
High school district 000000
Standard status Pending
Size 3,240 SF

Amenities

backyard
terrace

Building Details

Architectural style Other
Listing Agency: Compass
Listed By: Paul Murphy · License #30MU1104939
Added: Jun 17, 2025 Changed: Sep 14 Last Checked: Oct 12 at 12:06AM
MLS# 11519411

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.

This 3,240-square-foot, 18-foot-wide brownstone is configured as a four-family home under a 2020 certificate of occupancy. The layout includes an owner's triplex spanning the garden, parlor, and part of the third floor, plus a studio on the remaining third-floor portion. Two additional apartments occupy the top floor and share a hall bathroom. One of the four units is rent stabilized, while the balance is delivered vacant or nearly vacant. The property also includes a full cellar and a private 54-foot-deep backyard accessed from a terrace.

Building systems were updated in 2019, including plumbing and electrical service throughout all four floors. C4-4D G zoning permits construction of over 10,000 residential square feet. The property also carries a Certificate of No Harassment issued in 2025. Located at 544 Pacific Street in Brooklyn, the building is near Atlantic Terminal, with access to the 2, 3, 4, 5, N, Q, R, B, and D trains and the LIRR.

Key Highlights

  • 3,240‑square‑foot, 18‑foot‑wide, 4‑story brownstone at 544 Pacific Street
  • Certificate of occupancy as a 4‑family home dated 2020
  • Owner's triplex, studio apartment, and two top‑floor units sharing a hall bath

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$113,470
Cap Rate
4.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,269,400 $2.3M
Cap Rate 7%
$1,621,000 $1.6M
Cap Rate 9%
$1,260,778 $1.3M
Market Conditions
NOI Build-Up for 3,240 SF
Gross rent
$165.2K $51.00/SF
− Vacancy
−$3.1K −$0.97/SF
EGI
$162.1K $50.03/SF
− OpEx
−$48.6K −$15.01/SF
NOI
$113.5K $35.02/SF
Area
Brooklyn, NY
Vacancy
1.90%
Lease Rate
$51.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,269,400
Cap Rate 7%
$1,621,000
Cap Rate 9%
$1,260,778

Alternative Uses

Best Use
Multifamily LT 5
$1.62M
$1.42M – $1.89M (±1% cap)
NOI $113,470 @ 7.0% cap · market cap 4.55%
Second Best
Apartment 5plus
$1.41M
$1.24M – $1.65M (±1% cap)
NOI $98,914 @ 7.0% cap · market cap 3.96%
Theoretical Best
Specialty Retail
$2.68M
$2.35M – $3.13M (±1% cap)
NOI $187,790 @ 7.0% cap · market cap 7.53%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Hayes Greenfield Theater & Performing Art Venue Creative Sound Play Training Center

Suggested Use

Top Pick Auto Parts Store Nursing Home Carpet & Flooring Store Pet Grooming Service Adult Day Care Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

9,658
Businesses Nearby

Demographics for 11217, NY

42,417
Population
21,590
Households
2
Avg Household Size
36
Median Age
73%
College-Educated
93%
High-School Grad
0.7 sq mi
ZIP Area
60,596
Density / Sq Mi
$158,314
Median Household Income
$95,067
Median Earnings
$2,800
Median Rent
$1,614,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Four-story configuration includes a triplex, studio, and two additional apartments with substantial recent system upgrades.
Where is this quadplex located?
The property is located at 544 Pacific Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,495,000.
What are key features of this property?
This property features: 3,240‑square‑foot, 18‑foot‑wide, 4‑story brownstone at 544 Pacific Street; Certificate of occupancy as a 4‑family home dated 2020; Owner's triplex, studio apartment, and two top‑floor units sharing a hall bath
More about this property
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