Two-Lot Commercial Land
For Sale
$6,500,000
987 Pacific Street, Brooklyn, NY 11238
COMMERCIAL - Brooklyn, NY
Property SizeContact for details
Lot Size0.13 Acres
Days on Market282
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
(718) 886-6800
Listed By:
Ben Lebouvich
(516) 265-2727
Added: Nov 4, 2025
Changed: Aug 4
Last Checked: Aug 13 at 12:06AM
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 0.126-acre commercial land offering comprises two parcels that may be combined into a single zoning lot. The assembly creates a larger development site with the potential for a boutique mixed-use condominium project or a broader residential project incorporating affordable housing. Public sewer service is available.
The property is located at 987 Pacific Street in Brooklyn, NY 11238, near substantial residential construction. More than 1,000 apartments have been completed within a few blocks, with over 4,000 additional units in the pipeline. Transit options 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.
The property is located at 987 Pacific Street in Brooklyn, NY 11238, near substantial residential construction. More than 1,000 apartments have been completed within a few blocks, with over 4,000 additional units in the pipeline. Transit options 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.
Key Highlights
- Two parcels totaling 0.126 acres
- Potential to combine lots into one zoning lot
- Development concepts include mixed‑use condominiums or residential housing with affordable units
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
6,230
Businesses Nearby
170k
Monthly Visits Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Two parcels can be assembled into one zoning lot for mixed-use or residential development.
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: Two parcels totaling 0.126 acres; Potential to combine lots into one zoning lot; Development concepts include mixed‑use condominiums or residential housing with affordable units
