Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $4,000,000

· Sold at asking price · Closed July 20, 2015

SOLD: 1162 Pacific Street
SOLD $4,000,000
Sold Multi Family

$4,000,000

1162 Pacific Street

Crown Heights, Brooklyn

MLS® #RLS10061153

RLS at REBNY

Listing by The Corcoran Group

Studio

Bedroom

0

Bath

N/A

Sq. Ft.

1931

Year Built

Sale Details

Sale Price $4,000,000
Original List Price $4,000,000
First Listed At $4,200,000
Close Date July 20, 2015
vs. Asking Sold at asking price

Property Summary

Bedrooms Studio
Bathrooms 0
Year Built 1931
Neighborhood Crown Heights

Description

Exceptional, Exemplary Excellence1162 Pacific is an investors dream. This prime property with endless options, boasts 7,927 square feet graciously shared between four units refined and designed to perfection. With some units offering manicured outdoor spaces and exceptional common spaces, this building is everything but common. Whatever your intentions are, the returns on your investment will be gracious; lease and hold with a 5% return, or convert to condo and sell each unit individually. The options are yours, and size, features and location make every option great. 1162 Pacific could be anyones dream. While 7.9K square feet may be out of reach for one, its attainable for a group of friends looking for an investment or their dream homes. If two to four friends have aspirations for home ownership, joining forces could make this cool space their own. Whether theyre benefiting from a partial or full rent roll, and/or splitting expenses, everyone can own this 21.5 x 105 for a fraction of the cost. This property is amazing for one and still more than enough for a group of buyers. Notable Features: GE Energy Efficient Stainless Steel Kitchen Appliance Package, Euro-Styled Kitchen Cabinets with White Quartz Countertops, Solid Oak 3-1/4 Hardwood Flooring, Solid Core 1-3/4 Doors, Exposed Brick, Sound Insulated Floors w/ Greene Glue Compound & Sound Clip Technology, AI Phone Intercom System, and Storage and a Laundry Center in the Cellar equipped with Cable Ready Wiring. Location is everything and this property is located on the vibrant, historic Prospect Heights/Crown Heights border where theres no shortage of hot spots and trendy eateries in the area. Plenty of transportation options: A,C, 2,3 ,4,5 and Shuttle trains/ Long Island Rail Road. 1162 Pacific channels the past and present of Crown Heights, with its traditional brick faade and its modern, crisp interior. Its a modern take on classic and all the classics had happy endingsmake this unique investment your own.

Property Details

Type Multi Family
Year Built 1931

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Listing courtesy of Toni Martin at The Corcoran Group. Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.

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