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Future New York

1894 Pacific Street Offers One-Beds from $429K and Tax Abatement

1894 Pacific Street interiors via Corcoran 1894 Pacific Street interiors via Corcoran
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.
1894-Pacific-Street-2 Kitchen
1894-Pacific-Street-3 Bedroom
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.
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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.
1894 Pacific Street #2A floor plan Floor plans via Corcoran
1894 Pacific Street #1A floor plan

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Content Specialist Michelle Merritt Michelle is a contributing writer and editor for real estate news in New York City