1253 Pacific St

Fully Free Market: The property has no history of rent regulation
Owner User Opportunity: Finishes, garden access, neighborhood, and transit-oriented location make this an ideal candidate for a hybrid owner/user/investor living in one or more of the units and renting out the rest
Value-Add / Investment Opportunity: The property is in good condition, though renovations would result in improved rent roll and decentralizing utilities would reduce landlord expenses
Transportation Accessibility: The A, C, & S subway lines and the Long Island Railroad (Nostrand Ave stop) are within 3-5 blocks away, with access to Lower Manhattan and Broadway Junction within 15 minutes
Protected Tax Class: Tax class 2A limits RE tax increases to no more than 8% a year or 30% over 5 years

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