1248 Pacific Street, Brooklyn, NY 11216 Property Information
1248 Pacific Street, Brooklyn, NY 11216 Property Information
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- Documents
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- Neighborhood
Address
| Primary address | 1248 Pacific Street |
| Neighborhood | Crown Heights |
| Zip code | 11216 |
| Borough | Brooklyn |
| Block & lot | 01206-0037 |
Sales & Tax Overview for 1248 Pacific Street, Brooklyn
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Tax class | Register |
| Estimated property tax | $40,078 |
Lot & Building Information for 1248 Pacific Street, Brooklyn
| Lot sq. ft. | 3,947 |
| Lot dimensions | |
| Property type | Over Six Families without Stores (C1)
|
| Building sqft | 9,488 |
| Building dimensions |
| Buildings on lot | 1 |
| Stories | 4 |
| Year built | 1905 |
Area Overview
| School district | 17 |
| Community district | 8 |
| Closest police station | 0.81 Miles |
| Closest fire station | 0.52 Miles |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
Other Property Data for 1248 Pacific Street, Brooklyn
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About 1248 Pacific Street, Brooklyn
1248 Pacific Street, Brooklyn, NY 11216 was built in 1905 and has a total of 9,488 square feet.
What is the assessed value of 1248 Pacific Street, Brooklyn, NY 11216 and the property tax paid?Assessed at $371,250, the tax amount paid for 1248 Pacific Street, Brooklyn, NY 11216 is $45,664. For the next year, the tax amount for 1248 Pacific Street, Brooklyn, NY 11216 is estimated at $40,078.
When was 1248 Pacific Street, Brooklyn, NY 11216 last sold?1248 Pacific Street, Brooklyn, NY 11216 was last sold in 02/12/1998.
How many residential units does this building have?This building has 16 residential unit(s). There are 1 active listings at this address.
Ownership Information for 1248 Pacific Street, Brooklyn
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Spaces for Sale in 1248 Pacific Street, Brooklyn
| Listing type | For Sale |
|---|---|
| Listing date | 03/18/2026 |
| Last updated | 05/06/2026 |
| Lot size | 30781 Acre |
Investment Highlights
Ariel Property Advisors presents 1227-1231 Pacific Street, a unique and architecturally significant development opportunity at the nexus of Bed-Stuy and Crown Heights.
Spanning 3 tax lots, the Property is a 30,781 square foot block-through parcel with 189.75’ of frontage along Pacific Street and 119.67’ feet of frontage along Atlantic Avenue between Bedford Nostrand Avenues.
The site consists of two existing buildings totaling approximately 22,671 square feet, including a vacant church designated as an NYC Individual Landmark by the Landmarks Preservation Commission, as well as a third building that is slated for demolition and effectively represents a vacant development parcel. Notably the buildings on lot 72 and lot 80 are not subject to landmark designations.
Premier Development Potential
Following the 2025 approval of the Atlantic Avenue Mixed-Use Plan (AAMUP) rezoning, the Property’s potential has been dramatically unlocked. It now offers approximately 181,317 buildable square feet as-of-right, allowing for:
• Mixed-Use Flexibility: Suitable for high-density residential, commercial, or community facility projects.
• Flexible Execution: The scale of the site allows developers to pursue one massive flagship development or a curated combination of smaller, phased projects.
• Strategic Air Rights: Under the “City of Yes” initiative, development rights from lot 16 only can be transferred to eligible receiving sites on the surrounding blocks, providing a path to value realization beyond the physical footprint.
A Dynamic & Connected Location
Located in one of Brooklyn’s most sought-after corridors, the Property is surrounded by the borough’s signature culture, nightlife, and green spaces. The site enjoys exceptional transit connectivity, which is provided by the A/C subway and LIRR stations at Nostrand Avenue, the C/S train at Franklin Avenue and the B44-SBS, B65, and B45 buses.
With its rare scale, landmark prestige, and the massive density afforded by the recent rezoning, 1227-1231 Pacific Street is a cornerstone opportunity in the ever-evolving Brooklyn landscape.
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Past Sales & Property History for 1248 Pacific Street, Brooklyn
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No recorded sales for this property.
Title Documents for 1248 Pacific Street, Brooklyn
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D: Document date
Property Taxes for 1248 Pacific Street, Brooklyn
Access detailed property tax data for 1248 Pacific Street, Brooklyn, NY 11216. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025-2026 |
| Property tax: | $45,665 |
| Estimated property tax: | $40,078 |
| Tax assessor's market value: | $825,000 |
| Assessed value: | $371,250 |
Assessment History for 1248 Pacific Street, Brooklyn
Here's the assessment & property tax history for 1248 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 | $825,000 | $371,250 | $367,110 | 12.439% | $45,665 | $45,665 | +7.81% |
| 2024/25 | $753,000 | $338,850 | $338,850 | 12.5% | $42,356 | $42,356 | +7.53% |
| 2023/24 | $717,000 | $322,650 | $322,650 | 12.502% | $40,338 | $39,390 | -1.98% |
| 2022/23 | $901,000 | $405,450 | $373,950 | 12.267% | $45,872 | $40,184 | +1.95% |
| 2021/22 | $883,000 | $397,350 | $368,640 | 12.235% | $45,103 | $39,415 | -8.46% |
Permits for 1248 Pacific Street, Brooklyn
The complete history of permits filed for 1248 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.
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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.
Check out recently sold homes in Brooklyn and see how their prices compare.
Risk
| FEMA flood zone(s): | X (See more on map) |
Transportation
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Distance to Subway
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| Closest station | Nostrand Ave & Fulton St at SE Corner | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Station lines | A-C | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.198 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Bus Routes
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| Name | Nostrand Av/Pacific St | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Line | B44 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.019 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Neighbors for 1248 Pacific Street, Brooklyn
Here are the neighbors for 1248 Pacific Street, Brooklyn, NY 11216.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 1250 Pacific St, Brooklyn | 10,548 | 09/19/1985 | |
| 1242 Pacific St, Brooklyn | 9,415 | 05/05/1993 | |
| 1189 Dean St, Brooklyn | 3,000 | 05/01/2021 | |
| 1187 Dean St, Brooklyn | 3,390 | 08/08/2019 | $1,850,000 |
| 1246 Pacific St, Brooklyn | 9,545 | 03/01/2010 | |
| 1222 Pacific St, Brooklyn | 2,560 | 11/05/2020 | |
| 616 Nostrand Ave, Brooklyn | 16,800 | 02/12/1998 | |
| 1240 Pacific St, Brooklyn | 9,735 | 06/29/2023 | $5,750,000 |
| 622 Nostrand Ave, Brooklyn | 8,000 | 01/08/2002 | |
| 1181 Dean St, Brooklyn | 4,000 | 07/18/2013 | $950,000 |
| 1244 Pacific St, Brooklyn | 9,415 | 03/01/2010 | |
| 1236 Pacific St, Brooklyn | 29,712 | 02/26/2015 | $9,400,000 |
| 1224 Pacific St, Brooklyn | 14,120 | 04/26/2018 | |
| 1185 Dean St, Brooklyn | 3,390 | 03/26/2018 | $1,800,000 |
| 1183 Dean St, Brooklyn | 4,000 | 04/13/2023 | |
| 1191 Dean St, Brooklyn | 4,000 | 04/18/2023 | $111,000 |
| 1179 Dean St, Brooklyn | 4,000 | 06/15/1984 | |
| 1234 Pacific St, Brooklyn | 29,772 | 08/31/2020 | $5,585,336 |
| 1228 Pacific St, Brooklyn | 14,120 | 06/09/1995 | |
| 1220 Pacific St, Brooklyn | 2,560 | 05/29/1986 |