Invictus Property Advisors is pleased to announce the successful sale of a 4-unit brick building located at 1362 Pacific Street in Crown Heights. This 20' wide property, situated on a 30' lot, presents an excellent opportunity for redevelopment.
The purchaser, a co-living group, plans to execute a horizontal extension, utilizing the additional lot width to expand the building's footprint and create a modern co-living space. With a focus on community living and shared spaces, this project will bring a new dynamic to the Crown Heights neighborhood. The classic brick façade, combined with the innovative co-living concept, promises to make this property a standout in the area.
The building is conveniently located near several subway lines, providing easy access to the rest of Brooklyn and Manhattan. The A and C lines are just a short walk away at the Nostrand Avenue station, and the Franklin Avenue station offers access to the 2, 3, 4, and 5 lines, making commuting and travel throughout the city incredibly convenient for future residents.
