299 Pacific Street, Brooklyn, NY 11201-6412

Boerum Hill, Brooklyn, New York 11201-6412

Listing ID Number

25132

Property Description

Cushman & Wakefield has been retained on an exclusive basis to arrange the sale of 299 Pacific Street, located on the north side of Pacific Street between Smith and Hoyt Street in Boerum Hill, Brooklyn, NY. The structure benefits from 25 feet of frontage along the north side of Pacific Street and 9,000 GSF, of which 2,250 SF is contributed to a usable basement. The 4-story property currently consists of 3 residential units and 1 commercial unit located on the street and basement level. The commercial space is built out as a educational facility and is permitted for Use Group 6.

The property will be delivered vacant, presenting the opportunity for investors to maintain the buildings existing mix-use status or for developers to execute townhouse/ condominium conversion in one of Brooklyn’s highly sought-after neighborhood.

299 Pacific Street is conveniently situated just two blocks away from A/C/G trains at Hoyt- Schermerhorn Station and from F/G trains at Bergen Street Station, offering a direct commute to Manhattan and throughout New York City. This offering presents a unique opportunity for developers and investors alike to capitalize on a property that is ideally located in one of Brooklyn’s most lively neighborhoods.

Overview

Building Type:Mixed-Use User Buildings

Documents

Contact

For further information or inspection, please contact Exclusive Agents:

No Agents Found


Property Images

Click the image for a high resolution version.

<     /     >

Property Map


Aerial View


The information contained herein has either been given to us by the owner of the property or obtained from sources that we deem reliable. We have no reason to doubt its accuracy but we do not guarantee it. All zoning, buildable footages and uses must be independently verified. Vacancy factors used herein are an arbitrary percentage used only as an example. It does not necessarily relate to actual vacancy, if any. The value of this investment is dependent upon these estimates and assumptions made above, as well as the investment income, the tax bracket, and other factors which your tax advisor and/or legal counsel should evaluate. THE PROSPECTIVE BUYER SHOULD CAREFULLY VERIFY EACH ITEM OF INCOME, AND ALL OTHER INFORMATION HEREIN.