Consolidated Development Land
For Sale
$6,500,000
987 Pacific St, Brooklyn, NY 11238
Consolidated two-lot parcel offering flexibility to combine into a single larger zoning lot for development.
Property SizeContact for details
Days on Market42
Property Features for 987 Pacific St
General Information
Standard status
Active
Property subtype
Land
Taxes and HOA fees
Annual Taxes
$18,922
Listing Agency:
Century Homes Realty Group LLC
(516) 265-2727
Listed By:
Ben Lebouvich
(516) 265-2727
Source:
Elliman
Added: Jul 16
Changed: Aug 8
Last Checked: Jul 16 at 7:26PM
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 Century Homes Realty Group LLC
Investment Insights
Based on property information with market context.
This consolidated land site combines two lots, with flexibility to merge the parcels into a single larger zoning lot. That configuration is intended to support more efficient design and development planning, including the option to pursue a boutique mixed-use condominium project or a larger-scale residential development with affordable housing, subject to applicable approvals.
The property is positioned within an active residential growth area, with more than 1,000 recently completed apartments within a few blocks and additional units in the pipeline. Transit access is extensive, with multiple subway lines listed (A, C, J, M, Z, 2, 3, 4), the LIRR, and major bus routes, and it is described as about five blocks from Barclays Center.
Walk and transit scores are reported at 98 and 100, respectively, supporting a highly connected setting for future development.
The property is positioned within an active residential growth area, with more than 1,000 recently completed apartments within a few blocks and additional units in the pipeline. Transit access is extensive, with multiple subway lines listed (A, C, J, M, Z, 2, 3, 4), the LIRR, and major bus routes, and it is described as about five blocks from Barclays Center.
Walk and transit scores are reported at 98 and 100, respectively, supporting a highly connected setting for future development.
Key Highlights
- Consolidated two‑lot parcel with flexibility to combine into a single larger zoning lot for development.
- Development options mentioned include a boutique mixed‑use condominium or a larger‑scale residential project with affordable housing.
- Surrounded by new residential growth: over 1,000 recently completed apartments within a few blocks, plus 4,000+ additional units in the pipeline.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
6,230
Businesses Nearby
Explore this area
Business Placement
Demographics for 11238, NY
60,090
Population
29,588
Households
2
Avg Household Size
35
Median Age
71%
College-Educated
93%
High-School Grad
1.8 sq mi
ZIP Area
33,383
Density / Sq Mi
$132,957
Median Household Income
$85,179
Median Earnings
$2,511
Median Rent
$1,146,000
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Consolidated two-lot parcel offering flexibility to combine into a single larger zoning lot for development.
Where is this residential land & home lot located?
The property is located at 987 Pacific St Brooklyn, NY.
What is the asking price?
The asking price for this property is $6,500,000.
What are key features of this property?
This property features: Consolidated two‑lot parcel with flexibility to combine into a single larger zoning lot for development.; Development options mentioned include a boutique mixed‑use condominium or a larger‑scale residential project with affordable housing.; Surrounded by new residential growth: over 1,000 recently completed apartments within a few blocks, plus 4,000+ additional units in the pipeline.
