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Pacific St Parcel 01209-0013
Brooklyn, NY 11201
Asking Price
$1.40M
Asset Type
Residential Land
Class
Class B
What's Special
Pacific St Parcel 01209-0013 | 2,143 SqFt <ul><li><strong style="color: rgba(33, 37, 41, 1)">Zoning Opportunity -</strong><span style="color: rgba(33, 37, 41, 1)"> The Pacific Street parcel is zoned R6 and offers 4,715 square feet of as-of-right residential buildable area at a 2.20 FAR. Through the Universal Affordability Preference under City of Yes, the site unlocks up to 8,357 SF at 3.90 FAR, with a total buildable envelope reaching 10,286 SF at 4.80 FAR.</span></li><li><strong style="color: rgba(33, 37, 41, 1)">485x Eligible - </s
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NOI
$80,000
Cap Rate
5.71%
DSCR
0.96
Underwater
Cash-on-Cash
-0.74%
Monthly Payment
$6,926.436
Annual Cash Flow
$-3,117.234
