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Nancy Moinian
Licensed Associate Real Estate Broker
REALTOR®

987 Pacific Street, Brooklyn, NY 11238

$6,500,000
  • 987 Pacific Street, Brooklyn, NY 11238 Main Photo

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Agent photo

Nancy Moinian
Text: (516) 445-8339

LOT SIZE 0.126 acres MLS#932031
STATUSActive PROPERTY TYPELand - Commercial SCHOOLContact Agent

Property Description

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 lines (A, C, J, M, Z, 2, 3, 4), the LIRR, and major bus routes, and is located just five blocks from the Barclays Center.

987 Pacific Street | MLS# 932031

This land located at 987 Pacific Street, Brooklyn, NY 11238 is currently listed for sale with an asking price of $6,500,000. The property has approximately 0.13 Acres. Pacific Street is located within the Contact Agent school district. Search Brooklyn real estate on nancymoinian.laffey.com today.

Property Features

Property Type: Land - Commercial
Lot Size: 0.13 Acres
Taxes: $18,922

Feature Descriptions

Current Use: Commercial, Vacant
Days on Site: 243
Number Of Lots: 2
On Market Date: 2025-11-04
Parcel Number: 01125-0080, 01125-0081
Rental Term: Monthly
Sewer: Public Sewer

Local Schools

High School: Contact Agent
Middle School: New Heights Middle School
Elementary School: Brooklyn Arts And Science Elementary
School District: Contact Agent

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Estimated Payment

$ 17,938.85 per month $14,466.18 Principal & Interest $1,576.83 Property Tax $1,895.83 Homeowner's Insurance

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Listed By / Shown By

Listing By

Agency Name: Century Homes Realty Group LLC
Agency Contact: 718-886-6800

Shown By

Agent Name: Nancy Moinian
Agent Phone:
Agency Title: Laffey Real Estate

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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 on this site was last updated 07/05/2026. The listing information on this page last changed on 07/05/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sun 07/05/2026 12:59:59 AM EST) or OneKey MLS (last updated Sun 07/05/2026 12:56:20 AM EST). Real estate listings held by brokerage firms other than Laffey Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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