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987 Pacific Street

Brooklyn, NY 11238
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Acres0.13

Acre(Lot)

This consolidated site offers a prime development opportunity, with the flexibility to combine the two lots into a single, larger zoning lot. This enables a more efficient, higher-yield development strategy, including the option to pursue either a boutique mixed-use condominium project or a larger-scale residential development with affordable housing. By merging the parcels, the project can fully leverage the total combined acreage and frontage under the applicable zoning, maximizing buildable potential and design efficiency. The property is surrounded by significant new residential growth, with over 1,000 recently completed apartments within a few blocks and more than 4,000 additional units in the pipeline. It also benefits from exceptional transit access, including multiple subway line s (A, C, J, M, Z, 2, 3, 4), the LIRR, and major bus routes, and is located just five blocks from the Barclays Center.

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Detail Ic Property Details

Property Type : Land

Price : $6,500,000

AD Id : 64063977

MLS Id : 932031

Lot Size : 0.13 Acre(Lot)

County : Kings (Brooklyn)

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Feature Features

  • Lot Information

    Lot Size Acres: 0.126 Lot Size Square Feet: 5500

  • Listing Price Information

    Listing Price: $6500000 Original Price: $6800000

  • Tax Information

    Parcel Number: 01125-0080, 01125-0081 Tax Lot: 0080, 0081 Tax Block: 01125 Annual Tax: $18922.64

  • School Information

    Elementary School: Brooklyn Arts And Science Elementary
    Junior High School: New Heights Middle School
    Senior High School: Contact Agent
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
63 Irving Place, Brooklyn, NY, 11238 $499,999 -- -- -- 0.02 Acre(Lot)

The data relating to real estate for sale on this website comes in part from the Internet Data exchange of OneKey MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2026 OneKey MLS. All Rights Reserved

ByOwner last updated this listing 06/10/2026 @ 17:47

MLS: 932031 LISTED BY: Ben Lebouvich, Century Homes Realty Group LLC 718-886-6800 SOURCE: OneKey MLS

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