987 Pacific Street Brooklyn, NY 11238

Listing agent Ben Lebouvich Show Phone

Listing office Century Homes Realty Group LLC E***@Gmail.com 3436 Union St Ste 201, Flushing, NY Show Phone

Listing date Nov 4, 2025

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MLS# 932031 Listing URL

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Investment Insights

Based on property information with market context.

This consolidated site in Brooklyn, NY, presents a development opportunity with the option to combine two lots into a single, larger zoning lot. This consolidation allows for a more efficient, higher-yield development strategy, including the option to pursue a boutique mixed-use condominium project or a larger-scale residential development with affordable housing. By merging the parcels, a project can fully leverage the total combined acreage and frontage under the applicable zoning, maximizing buildable potential and design efficiency. The property, with a lot size of 0.126 acres, is surrounded by new residential growth, with over 1,000 recently completed apartments within a few blocks and more than 4,000 additional units in the pipeline. It also benefits from transit access, including multiple subway lines (A, C, J, M, Z, 2, 3, 4), the LIRR, and major bus routes, and is located five blocks from the Barclays Center. The property is zoned for commercial and residential use.

Key Highlights

• Prime development opportunity with potential for high‑yield project.
• Flexibility to develop a boutique mixed‑use condominium or a larger residential development.
• Maximize buildable potential and design efficiency by merging the parcels.

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FAQs

What type of property is this?

Commercial land - Prime consolidated site near Barclays Center with significant development potential.

Where is this commercial land located?

The property is located at 987 Pacific Street 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: Prime development opportunity with potential for high‑yield project.; Flexibility to develop a boutique mixed‑use condominium or a larger residential development.; Maximize buildable potential and design efficiency by merging the parcels.