Updated1/5/2017
Added1/18/2016
About this Property
Accepted offer. Contract out. This Prospect Heights multi-family features a location that cannot be beat. Move-in ready, 888 Pacific Street features 3 two bedroom apartments in good condition. With a few slight cosmetic upgrades, it will easily offer a cap rate of over 5% on an annual rent roll of approximately $120,000. Ideal for both investor and an end user as the ground floor apartment (which includes a finished basement) will become vacant on Feb 1st. The remaining two apartments are on month-to-month leases. Zoning also appears to allow for mixed-use, therefore the possibilities are endless. Location-wise, 888 Pacific street's prime position in Prospect Heights puts you close to the Barclay Center, Clinton Hill, Fort Greene and Park Slope. As well as Prospect Park and the Brooklyn Museum. It's also close to the second largest transportation hub in all of NYC, Atlantic Terminal, with access to the 2,3,4,5,B,D,F,N,Q,R AND LIRR trains. The C train is also nearby. Lifestyle-wise, you are at the epicenter of the finest that Brooklyn has to offer. Highlighted by Flatbush Farm, Habana Outpost Brooklyn, Tom's Restaurant & the Vanderbilt, there are too many eateries, local and chain shops to list. All of this, and the multi-billion dollar Pacific Park development and its endless amenities will be just two blocks away. (pacificparkbrooklyn.com) You will not find a better building in all of Brooklyn at this price point.
Details
  • Status:No Longer Available
  • Size:2040 Sq Ft
  • Type:Townhouse
  • Tax:$ 1752
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