Discover the perfect canvas for your next project at 2226 Pacific Street, a rare and valuable find in Brooklyn's fast-growing Ocean Hill neighborhood.
This is an ideal opportunity for developers, investors, or even an owner-user looking for a property with incredible flexibility. The main draw is the expansive 32 x 107 ft lot, which is zoned R6 and offers an impressive 7,659 buildable square feet for a new ground-up development.
The property will be delivered fully vacant, saving you time and money. This allows you to start your project immediately, whether you plan to:
Renovate & Rent: The existing 1,998 sq ft, two-family structure (6 beds / 3 baths) is perfect for a modern renovation to capture the area's strong rental demand.
Condo Conversion: Reposition the building into high-end condos for resale in a booming market.
Ground-Up Development: Design and build a brand-new multifamily building to maximize the R6 zoning.
Assemblage: This site also offers the potential to be combined with neighboring lots for an even larger-scale project.
Located in a prime, transit-rich spot, this property is perfect for anyone looking for an easy commute. It's just moments from the A, C, J, Z, and L trains, with Broadway Junction nearby. Situated at the crossroads of Bed-Stuy, Crown Heights, and Bushwick, you'll be at the center of Brooklyn's most exciting development and retail growth.
At $950,000, this is a value-driven entry point at approximately $124 per buildable square foot, offering strong upside and multiple exit strategies.
Contact Mendy Realty today to explore this vacant, transit-oriented development site.
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.