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987 Pacific Street, Brooklyn, NY 11238 Property Information

987 Pacific Street, Brooklyn, NY 11238 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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987 Pacific Street, Brooklyn, NY 11238 1
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Address

Primary address 987 Pacific Street
Neighborhood Prospect Heights
Zip code 11238
Borough Brooklyn
Block & lot 01125-0081

Sales & Tax Overview for 987 Pacific Street, Brooklyn

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Purchase date 01/21/2015
Purchase price $5,100,000
Tax class
Estimated property tax $25,237

Lot & Building Information for 987 Pacific Street, Brooklyn

Lot sqft 3,000
Lot dimensions 25 ft x 120 ft
Building class Predominant Retail with Other Uses (K4) i
Building sqft 6,000
Building dimensions 25 ft x 120 ft
Buildings on lot 1
Stories 2
Year built 1930
Construction type
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Zoning & Use for 987 Pacific Street, Brooklyn

Zoning
Commercial units 1
Retail sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 17
Community district 8
Closest police station 0.67 Miles
Closest fire station 0.41 Miles

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 987 Pacific Street, Brooklyn

New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:

Floor area ratio (FAR) for 987 Pacific Street, Brooklyn, NY 11238, including commercial and residential FAR, FAR as built and usable floor area.
Development maps such as planimetric, zoning, urban landscape, and HPD alternative enforcement program maps.
Violations for 987 Pacific Street, Brooklyn, NY 11238, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 987 Pacific Street, Brooklyn

How many sq. ft. does 987 Pacific Street, Brooklyn, NY 11238 have & what is the price per sq. ft?

This Predominant Retail with Other Uses (K4) located at 987 Pacific Street, Brooklyn, NY 11238 has a total of 6,000 square feet and a current price per square foot of $850.

What is the year built & the current market value of 987 Pacific Street, Brooklyn, NY 11238?

987 Pacific Street, Brooklyn, NY 11238 was built in 1930 and has a current tax assessor's market value of $533,000.

How many commercial spaces does this building have?

This building has 1 commercial spaces available for lease. There are 1 active listings at this address.

Ownership Information for 987 Pacific Street, Brooklyn

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Property owner name for 987 Pacific Street, Brooklyn, NY 11238
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Building contacts for 987 Pacific Street, Brooklyn, NY 11238
Building management:
Representatives (from permits):
Tenants:

Spaces for Lease in 987 Pacific Street, Brooklyn

No photo available
987 Pacific Street
Listing type For Lease
Listing date 12/10/2025
Last updated 04/07/2026
View Listing
Spaces
Suite name Space type Lease rate Available space Brokers
Full Building Warehouse/Distribution Listing price not available 3,000 Solomon Betesh
Active Listings For This Property:
For Lease No photo available
987 Pacific Street
987 Pacific Street, Brooklyn
Property Warehouse/Distribution
Availability 1 Spaces listed / 3000 Sqft
Price Listing price not available
Real Estate Reports:
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Past Sales & Property History for 987 Pacific Street, Brooklyn

Create a free account to view the complete sales history for 987 Pacific Street, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
01/21/2015 $5,100,000

Title Documents for 987 Pacific Street, Brooklyn

To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.

Date Type Amount Party 1 Party 2 Doc image
08/26/2024 - R UCC3 Continuation
(2024082200136001)
11/01/2019 - R Initial UCC1
(2019102800081004)
10/10/2019 - D
11/01/2019 - R
Assignment of Leases and Rents
(2019102800081003)
10/10/2019 - D
11/01/2019 - R
Agreement
(2019102800081002)
10/10/2019 - D
11/01/2019 - R
Mortgage
(2019102800081001)
10/07/2019 - D
01/17/2020 - R
Discharge of Tax Lien
(2019120900454002)
10/07/2019 - D
01/17/2020 - R
Discharge of Tax Lien
(2019120900454001)
07/21/2016 - D
08/11/2016 - R
Termination of Assign of L&R
(2016073100028004)
07/21/2016 - D
08/11/2016 - R
Assignment of Leases and Rents
(2016073100028003)
07/21/2016 - D
08/11/2016 - R
Agreement
(2016073100028002)
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R: Recorded date
D: Document date

Property Taxes for 987 Pacific Street, Brooklyn

Access detailed property tax data for 987 Pacific Street, Brooklyn, NY 11238. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $23,783
Estimated property tax: $25,237
Tax assessor's market value: $533,000
Assessed value: $239,850

Assessment History for 987 Pacific Street, Brooklyn

Here's the assessment & property tax history for 987 Pacific Street, Brooklyn, including the evolution of the total tax rate and corresponding property tax.

Year Market value Assessed value Taxable Tax rate % Base tax Property tax Year over year change
2025/26 $533,000 $239,850 $219,240 10.848% $23,783 $23,783 +23.70%
2024/25 $397,000 $178,650 $178,650 10.762% $19,226 $19,226 -3.04%
2023/24 $416,000 $187,200 $187,200 10.592% $19,828 $19,828 -28.27%
2022/23 $577,000 $259,650 $259,650 10.646% $27,642 $27,642 +11.34%
2021/22 $513,000 $230,850 $230,850 10.755% $24,828 $24,828 -3.13%

Permits for 987 Pacific Street, Brooklyn

The complete history of permits filed for 987 Pacific Street, Brooklyn, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.

Filing date Job type Job status Job description Initial cost
11/23/2016 Alteration type 2
10/09/2015 Alteration type 3
         
         
         
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Brooklyn Commercial Market Stats

Access a detailed real estate market overview of Brooklyn so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Brooklyn and compare it to other boroughs in New York City.

Median Price/Sqft Q3/2025
$495
3.7% YoY
Median Price/Sqft Q2/2025
$503
7% YoY
Median Price/Sqft 2024
$470
2.1% YoY

Check out recently sold homes in Brooklyn and see how their prices compare.

Risk

FEMA flood zone(s): X (See more on map)

Transportation

Distance to Subway
Closest station Washington Ave & Fulton Ave at SE Corner
Station lines C
Distance (miles) 0.28
View subway map
Bus Routes
Name Dean St/Grand Av
Line B65
Distance (miles) 0.076

Neighbors for 987 Pacific Street, Brooklyn

Here are the neighbors for 987 Pacific Street, Brooklyn, NY 11238.

Address Square feet Purchase date Purchase price
1110 Atlantic Ave, Brooklyn
568 Franklin Ave, Brooklyn 2,520 10/19/2010
997 Pacific St, Brooklyn 2,700 01/13/2012
1102 Atlantic Ave, Brooklyn 44,923 11/07/2012 $4,000,000
991 Pacific St, Brooklyn 2,700 04/24/2014 $1,130,000
625 Classon Ave, Brooklyn 06/12/2025
619 Classon Ave, Brooklyn 2,090 02/01/2016
995 Pacific St, Brooklyn 2,700 04/03/2017 $2,294,000
999 Pacific St, Brooklyn 2,700 12/06/2017
1015 Pacific St, Brooklyn 5,625 05/22/2024 $1,300,000
621 Classon Ave, Brooklyn 11/25/2015
1062 Atlantic Ave, Brooklyn 2,184 09/30/2014 $60,500
989 Pacific St, Brooklyn 2,500 01/21/2015 $5,100,000
993 Pacific St, Brooklyn 2,700 05/22/2014 $1
1013 Pacific St, Brooklyn 5,625 05/15/2008 $750,000
1001 Pacific St, Brooklyn 5,000 10/03/2025
1072 Atlantic Ave, Brooklyn 03/01/2021
1011 Pacific St, Brooklyn 7,004 03/04/2008 $1,000,000
629 Classon Ave, Brooklyn 4,620 09/19/2022 $2,130,000
627 Classon Ave, Brooklyn 1,980 04/20/2015
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