The sales launch at 1894 Pacific Street marks the latest chapter in this Crown Heights townhouse’s history. Permits for a one-story extension for the three-story townhouse were filed in spring 2016. At the end of that year, an entity known as Pacific Partners Realty bought the lot and property for $920K (per Acris). It has since been converted to a seven-unit boutique condominium where a J-51 tax abatement is in effect.
All homes come with high ceilings, recessed lighting, oversized double-pane windows, and their own storage space. Kitchens have been finished with sleek lacquer cabinetry, quartz countertops, and full-sized stainless steel appliances. Baths feature deep soaking tubs, radiant heated floors, and generous storage.
1894 Pacific Street is located on a quiet, tree-lined street. However, the dining and services of Atlantic Avenue and Fulton Street are a short walk away. The Ralph Avenue subway stop is only four blocks away, and there are several bus stops nearby.
One-bedrooms at 1894 Pacific Street start at $429K, and a two-bedroom is listed for $779K. According to CityRealty listings, this puts them reasonably in line with the Crown Heights median of $570K for one-bedrooms and $737K for two-bedrooms. An offering plan approved by the New York State Attorney General lists a sellout of $3.645 million.
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Michelle Mazzarella
Michelle is a contributing writer and editor for real estate news in New York City