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Consolidated Commercial Land Site
For Sale
$6,500,000

987 Pacific Street, Brooklyn, NY 11238

Land, Brooklyn, NY

Property SizeContact for details
Lot Size0.13 Acres
Days on Market295

Property Features for 987 Pacific Street

General Information

Property type Commercial Sale
Property subtype Other
Elementary school Brooklyn Arts And Science Elementary
Middle school New Heights Middle School
High school Contact Agent
Elementary school district Brooklyn 17
Middle school district Brooklyn 17
High school district Contact Agent
Standard status Active
APN 01125-0080, 01125-0081
Lot size 0.13 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 18923

Utilities

Sewer type Public Sewer
Listing Agency: Century Homes Realty Group LLC · EXIT Realty
Listed By: Ben Lebouvich
Added: Nov 4, 2025 Changed: Aug 19 Last Checked: Aug 26 at 1:06AM
MLS# 932031

Copyright © 2026 OneKey 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 commercial land assemblage includes two parcels totaling 0.126 acres. The lots may be combined into a single zoning lot, allowing the site to be evaluated as one development parcel. Possible concepts identified for the combined site include a boutique mixed-use condominium project or a larger residential development incorporating affordable housing.

The property is located at 987 Pacific Street in Brooklyn, NY 11238. Nearby residential growth includes more than 1,000 recently completed apartments within a few blocks, with over 4,000 additional units identified in the development pipeline. Transit options in the surrounding area include the A, C, J, M, Z, 2, 3, and 4 subway lines, the LIRR, and major bus routes. Barclays Center is five blocks away. Public sewer service is available.

Key Highlights

  • 0.126‑acre commercial land assemblage
  • Two parcels may be combined into a single zoning lot
  • Public sewer service available

Property Analytics

Current Use

Global Strongman Gym Gym & Fitness Center D and L Studio ... Recording Studio D&L Music Group Recording Studio Brown Bag Studio Recording Studio

Suggested Use

Top Pick Law Firm Auto Parts Store Nursing Home Carpet & Flooring Store (Bike/Boat/Book/etc) Store HVAC Service

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

Location Intelligence

Trade Area within ½ mile

6,230
Businesses Nearby
170k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 48% Shops & Services 40% Groceries 10% Electronics 2%
McDonald's Dining
56,606 visits/mo 0.4 miles
Shell Shops & Services
29,804 visits/mo 0.4 miles
Key Food Groceries
10,405 visits/mo 0.2 miles
Dunkin' Donuts Dining
9,793 visits/mo 0.3 miles
Popeyes Louisiana Kitchen Dining
9,352 visits/mo 0.3 miles

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

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - Two parcels may be combined into one zoning lot and are served by public sewer.
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: 0.126‑acre commercial land assemblage; Two parcels may be combined into a single zoning lot; Public sewer service available
More about this property
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