NOT LISTED FOR SALE

Estimated Value: $1,528,388 - $2,979,000

Studio
-- Bath
2,688 Sq Ft
$813/Sq Ft Est. Value

Sale Details

Date Sold: November 15, 2019

Last sale price $1,265,000 $471 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $12,442 / mo

73 Days on Market

About This Home

As of November 2019

Four Story / Two Unit Brownstone in prime North Crown Heights steps from the coveted Nostrand A/C subway and famous Franklin Avenue restaurant row.

Build wealth and build the perfect home at the same time with this rare fixer-upper priced at just $1,299,000. Similar sized homes nearby have sold recently for over $2,600,000.

This diamond in the rough is priced to sell for half the price because it needs work, so bring your contractor. (If you are buying a primary residence and want to design your perfect home ask me about excellent purchase and construction financing in-one.)

1425 Pacific Street is a legal 2 family with exceptionally high ceilings though out. This home has great bones and is ready to be restored. The property is delivered vacant and features 3,750 feet including the high-ceilinged rec-room. (Additional buildable square feet approximately 1,500 sqft. Consult your architect.)

1425 Pacific Street is conveniently located steps from two of the most exciting Restaurant Rows in Brooklyn today, Franklin Avenue and Nostrand Avenue (see map). The area is a hive of activity with trendy restaurants, coffee shops, and bike shops. It's almost like buying near the Smith Street Restaurant Row in Boerum Hill, but for half the price(!) and with surprisingly more convenient transportation.

The area is also home to major new development such as The Dean (www.thedeanbk.com) and popular adaptive reuse development such as Berg'n (www.bergn.com) alongside neighborhood staples like King Tai (www.kingtaibar.com), Sweetbar (www.sweetbar.com), Nagels Bagels, The Breuklen, and Meme's.

North Crown Heights is a mass transit power-house with convenient transportation and popular bike lanes. To the north, just steps away, is the Fulton/ Nostrand Express A/C train (12 minutes to Manhattan and 20 Minutes to 14th Street). To the south, both the 3/4 Subways are less than a ten minute walk down bustling Nostrand Ave. Finally, the ultra-fast B44 goes straight to and from Williamsburg 24 hours a day, seven days a week.

Because of its incredible location, Pacific Street is still experiencing a re-birth for the record books. The south side of the street features restored pre-war apartment buildings and condominiums while the north side is an unbroken line 19th century brownstone townhouses. Most have been restored to their original glory over the last 10 years.

Last Agent to Sell the Property

Bren Salamon

Douglas Elliman Real Estate License #10301209524 Listed on: 05/03/2019

Douglas Elliman Real Estate

Property Details

Home Type

  • Multi-Family

Home Design

Interior Spaces

  • 4-Story Property

Community Details

  • 2 Units
  • Crown Heights Subdivision

Listing and Financial Details

  • Legal Lot and Block 50 / 1202

Property Details

Home Type

Multi-Family

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: Brooklyn Avenue
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Crown Heights
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 4

Garage/Parking

  • Garage: No

Building Info

  • Units: 2
  • Total Stories: 4

Tax Info

  • Tax Block: 1202
  • Tax Lot: 50

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 1, 2025
Sold by
Bought by
Current Estimated Value
$2,172,411

Purchase Details

Listed on
May 3, 2019
Closed on
Nov 13, 2019
Sold by
Bought by
Seller's Agent
Bren Salamon
Douglas Elliman Real Estate
List Price
$1,299,000
Sold Price
$1,265,000
Premium/Discount to List
-$34,000
-2.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.55%

Purchase Details

Closed on
Dec 17, 2018
Sold by
Bought by

Purchase Details

Closed on
Jul 20, 2015
Sold by
Bought by

Purchase Details

Closed on
Aug 27, 2008
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$449,137
Interest Rate
0.0658%

Purchase Details

Closed on
Oct 3, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Interest Rate
0.0649%

Purchase Details

Closed on
Feb 3, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,300
Interest Rate
0.0578%

Purchase Details

Closed on
Mar 21, 2003
Sold by
Bought by

Purchase Details

Closed on
Mar 3, 2003
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,950,000 None Listed On Document
$1,265,000 --
$8,250 --
$825,000 --
-- --
-- --
$450,000 --
$320,000 --
$176,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $449,137
Closed $384,000
Closed $332,300
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/15/2019 11/15/19 Sold $1,265,000 -2.6% $471 / Sq Ft
07/19/2019 07/19/19 Pending -- -- --
05/06/2019 05/06/19 For Sale $1,299,000 -- $483 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $8,504 $105,480 $22,500 $82,980
2025 $8,202 $99,540 $22,500 $77,040
2024 $8,202 $95,160 $22,500 $72,660
2023 $6,758 $87,600 $22,500 $65,100
2022 $6,528 $96,000 $22,500 $73,500
2021 $4,870 $88,380 $22,500 $65,880
2020 $2,317 $89,400 $22,500 $66,900
2019 $4,372 $82,080 $22,500 $59,580
2018 $3,963 $20,901 $8,294 $12,607
2017 $3,863 $20,420 $8,527 $11,893
2016 $3,546 $19,286 $6,849 $12,437
2015 $2,104 $18,460 $9,308 $9,152
2014 $2,104 $17,418 $10,542 $6,876
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10574289

Real Estate Board of New York (REBNY)

APN: 01202-0050

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