New York, NY 11216

Property

Ownership: For Sale
Type: Unknown
Bedrooms: Studio
Lot Size: 0.1 Acres

Financials

Price:$1,500,000
Annual Taxes:$829
Listing Courtesy of Coldwell Banker Warburg

1404A Pacific Street offers a clean, vacant land development opportunity in the heart of Crown Heights one of Brooklyn s most active and supply constrained residential submarkets.

Description

1404A Pacific Street offers a clean, vacant-land development opportunity in the heart of Crown Heights—one of Brooklyn’s most active and supply-constrained residential submarkets. The property comprises a 20’ x 107.17’ lot totaling approximately 2,143 square feet and is zoned R6. As-of-right residential development permits approximately 4,714 zoning floor area, based on a 2.2 FAR. The site also presents meaningful upside through the Universal Affordability Preference (UAP) program, which may increase residential zoning floor area to approximately 8,357 square feet, subject to applicable program requirements and approvals. For developers pursuing alternative programming, the R6 district permits community facility development at a 4.8 FAR, supporting up to approximately 10,286 buildable square feet. This creates additional flexibility for a range of potential uses, including community, educational, medical, religious, or institutional facilities, as well as development strategies incorporating community-facility components where permitted. Delivered vacant, the site eliminates demolition costs, tenant relocation issues, and other predevelopment complications commonly associated with infill opportunities in Central Brooklyn. A purchaser can move directly into architectural planning, zoning analysis, and DOB filing—supporting a more efficient path to construction. Crown Heights continues to benefit from durable rental and condominium demand, strong transit connectivity, and ongoing residential investment. Located moments from the Kingston–Throop Avenues A/C subway station, 1404A Pacific Street provides direct access to Downtown Brooklyn, Lower Manhattan, and the broader city. Its proximity to Prospect Park, Bedford-Stuyvesant, and the wider Central Brooklyn residential market further supports its appeal for multifamily, affordable-housing, mixed-use, or community-facility development strategies.

Long Island MLS

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.