1448 Pacific Street, Brooklyn, NY 11216

Brooklyn
Local realty services provided by:ERA Top Service Realty
1448 Pacific Street,Brooklyn, NY 11216
$2,449,500
  • 22 Beds
  • 8 Baths
  • 6,328 sq. ft.
  • Multi-family
  • Active
Listed by: anthony l. morris
Office: corcoran bk llc.
MLS#:506032
Source:BROOKLYN

Price summary

  • Price:$2,449,500
  • Price per sq. ft.:$387.09

About this home

1448 Pacific Street is an eight (8) -unit, four-story building of approximately 6,328 SF in Brooklyn's landmarked Crown Heights North Historic District. The late-19th-century facade features projecting bay windows, decorative brickwork, ornate rosette detailing, and a denticulated metal cornice, preserved by the district's landmark protections. The building has five (5) free-market and three (3) rent-stabilized apartments. Most of the projected upside comes from the free-market units, which currently rent between $2,300 and $3,045 per month and are projected at $4,000 at market-rate leasing. Investment Highlights Unit mix: (8) units: (5) free-market, (3) rent-stabilized Occupancy: 7 of 8 units occupied; rent-stabilized unit 1L is vacant Current rent roll: $213,363 per year (includes legal rent for vacant unit 1L) Operating expenses: $65,990 (June 2025-May 2026) Current NOI: $147,373, a 6.0% cap rate on scheduled rents Projected gross income: $308,319 Projected NOI:...

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Home facts

  • Year built:1931
  • Listing ID #:506032
  • Added:1 day(s) ago
  • Updated:November 11, 2026 at 09:40 PM

Rooms and interior

  • Bedrooms:22
  • Total bathrooms:8
  • Full bathrooms:8
  • Rooms Total:30
  • Flooring:Hardwood
  • Basement Description:Full
  • Living area:6,328 sq. ft.

Heating and cooling

  • Heating:Gas, Steam/Radiator

Structure and exterior

  • Roof:Flat
  • Year built:1931
  • Building area:6,328 sq. ft.
  • Lot area:0.06 Acres
  • Construction Materials:Limestone
  • Exterior Features:Back Yard
  • Foundation Description:Block
  • Levels:4 Stories

Finances and disclosures

  • Price:$2,449,500
  • Price per sq. ft.:$387.09
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