Property profile

981 Pacific St Brooklyn, NY 11238

OFF-MARKET
Retail properties & Spaces
55,951 SF
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Property summary

AI-generated overview

This exceptional retail opportunity presents two brand-new, vanilla-boxed spaces totaling 55,951 square feet, located at 981 Pacific Street in the vibrant Prospect Heights neighborhood of Brooklyn, New York. Situated between Grand Avenue and Classon Avenue, this M1-1 zoned property offers unparalleled accessibility with proximity to the Franklin Avenue subway station (A, C, & S trains) and the B65 bus line. The spaces are available in flexible sizes ranging from 1,400 to 3,750 square feet, ideal for a variety of retail concepts. This thriving location boasts a diverse mix of established businesses, including McDonald's, Art Cafe + Bar, Finn's Corner, Bearded Lady, Sweetbee, The Fly, Friends and Lovers, Otway, Doris, Blink Fitness, Endless Life Brewing, and Cafe Calaca, ensuring high foot traffic and visibility. The property's strategic position within Kings County provides excellent access to a dense residential population and a bustling commercial corridor. This is a unique chance to establish a presence in a rapidly growing and highly desirable area of Brooklyn. The building's modern design and flexible space layouts offer significant potential for customization to suit individual business needs. Contact us today to learn more about this exciting opportunity.

Property profile

Verified
Property type Retail properties & Spaces
Total area 55,951 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

981 Pacific St Brooklyn, NY 11238
Brooklyn metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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