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Sold for $691,210
  • $691,210

    1588 Pacific St, Brooklyn, NY 11213

    5beds
    3,667sqft
    MultiFamily
    Built in 2004
    -- sqft lot
    $1,954,200 Zestimate®
    $188/sqft
    $5,663 Estimated rent

    Home value

    $1,954,200

    $1.70M - $2.25M

    $5,663/mo

    Zestimate® history
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    Owner options

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    $5,663/mo

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    $5,663/mo

    Rent Zestimate®

    Refinance and save

    $4,097/mo

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    $4,097/mo

    Est. payment

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    What's special

    Large bedroomLarge home office spaceEn-suite bathroomTurf grassRaised deckLaundry roomPrimary suite
    1588 Pacific is a two family brick townhouse built in 2004 with a total of 5 bedrooms, 6 full bathrooms, and 3 floors of living space plus a fully finished cellar. Built 55 feet deep on a 107 foot lot, this home can be used in a multitude of ways and enjoyed by both investors and end users. The owners triplex has three large bedrooms and three full bathrooms, a laundry room and a private backyard. The parlor level kitchen, living and dining room are North facing and receive a plethora of sunlight! On the rear of the home, a large bedroom with access to the fully manicured backyard with a flowering peach tree providing shade and treats on hot summer days. A raised deck and turf grass makes it low maintenance and tidy, and offers the perfect landscape for summer barbecues! Upstairs, the primary suite has an en-suite bathroom, and a large home office space that could also be used as a walk in closet- there is plenty of space for both! The second bedroom has access to a separate full bathroom in the hallway. Upstairs, a large two bedroom apartment that has a washer & dryer would rent for approx. $3,000. The triplex would rent for approximately $7,500. Annual taxes: $7,624/year. With a little over 1,000 sq ft of buildable, a projected $10,500 of monthly income- this could be the perfect investment opportunity for a savvy investor at a 6.1% cap rate. Close to the A, C, 3 & 4 trains at Utica Ave and easy street parking, 5 minutes from Brooklyn Children's Museum, and a plethora of parks and green spaces.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 6
    • Full bathrooms: 6
    Cooling
    • Central
    Interior area
    • Total interior livable area: 3,667 sqft

    Property

    Lot
    • Size: 1,786 sqft
    Details
    • Parcel number: 013400034

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 2004

    Community & neighborhood

    Location
    • Region: Brooklyn

    Price history

    DateEventPrice
    5/13/2024Sold$691,210-56.8%$188/sqft
    Source: Public Record Report a problem
    5/5/2023Listing removed--
    Source: StreetEasy Report a problem
    3/22/2023Listed for sale$1,599,000-7.3%$436/sqft
    Source: StreetEasy Report a problem
    2/20/2023Listing removed--
    Source: StreetEasy Report a problem
    11/29/2022Listed for sale$1,725,000-1.4%$470/sqft
    Source: StreetEasy Report a problem
    10/31/2022Listing removed--
    Source: StreetEasy Report a problem
    10/18/2022Price change$1,750,000-1.4%$477/sqft
    Source: StreetEasy Report a problem
    9/15/2022Listed for sale$1,775,000-1.4%$484/sqft
    Source: StreetEasy Report a problem
    8/30/2022Listing removed--
    Source: StreetEasy Report a problem
    8/9/2022Listed for sale$1,800,000+100%$491/sqft
    Source: StreetEasy Report a problem
    12/19/2019Sold$900,000+84%$245/sqft
    Source: Public Record Report a problem
    11/16/2004Sold$489,000+579.2%$133/sqft
    Source: Public Record Report a problem
    1/27/2004Sold$72,000$20/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$8,514 +4.7%$91,560 +22.8%
    2024$8,130 $74,580 -17.2%
    2023-- $90,120 +22.2%
    2022-- $73,740 +7.1%
    2021-- $68,820 -17.5%
    2020$7,568 +6%$83,460 +20.6%
    2019$7,140 +7.3%$69,180 +117.4%
    2018$6,657 +2.6%$31,824
    2017$6,487 +5%$31,824 +0.8%
    2016$6,176 $31,584 +6%
    2015$6,176 +85.5%$29,797 +6%
    2014$3,330 $28,111 +6%
    2013-- $26,520 -3.9%
    2012-- $27,600 -8%
    2011-- $30,000 -12.7%
    2010-- $34,365
    2009-- $34,365 +0.8%
    2008-- $34,107 +6%
    2007-- $32,177 +6%
    2006-- $30,356 +6%
    2005-- $28,638 +1320.5%
    2004-- $2,016 +0.9%
    2003-- $1,999 +6%
    2002-- $1,886 +6%
    2001-- $1,780 +6%
    2000-- $1,680

    Find assessor info on the county website

    Neighborhood: Crown Heights

    Nearby schools

    GreatSchools rating