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Two Pricey Condos Debut on Pacific Street in Crown Heights


Location: 1409 Pacific Street
Developer/Owner: Sharon Meisar, Pacific Homes LLC
Architect: AM/PM Design and Consulting
Size: Four stories, two units
Price: $749,000 and $1.099 million
Sales and Marketing: Ideal Properties Group

The new development craze in Crown Heights is pushing further into the depths of the Brooklyn neighborhood. A two-unit development at 1409 Pacific Street, between New York and Brooklyn Avenues, hit the market today, bringing a couple of pricey units to the eastern reaches of the 'hood. The building has a $749,000 two-bedroom duplex with a private backyard, and a $1.099 million triplex 3-4BR with a rooftop deck. The triplex is labeled as a 4BR, but the fourth bedroom has a skylight, not a real window. They have washer/dryers, hardwood floors, and large open kitchens with counter peninsulas.

The building is located pretty far east for units to crack the $1 million mark. For comparison, the most expensive unit in a new condo building on Washington Avenue, the western most border of the neighborhood, is $1.025 million. The two units at 1409 Pacific Street are spacious, but the layouts seem a bit odd, as the two units share the middle floor of the building. StreetEasy puts the neighborhood median at $899,000, but the east and west of Crown Heights differ so greatly. For example, there's a three-bedroom in a prime location on Eastern Parkway near the Brooklyn Museum on the market for $1.75 million, while another three-bedroom, located on Pacific Street not far from this building, is asking $869,000 (it's been on the market for 119 days).
· Listing: 1409 Pacific Street, #1 [Ideal Properties via StreetEasy]
· Listing: 1409 Pacific Street, #2 [Ideal Properties via StreetEasy]
· Mapping Crown Heights' Crazy Residential Building Boom [Curbed]