544 Pacific Street, New York City, NY 11217
Listing Courtesy of Compass
$2,495,000
Potential Rebate: $37,425
Overview
Great Condo Alternative! Here’s a rare opportunity to own a beautiful 18-foot wide, 4-story Boerum Hill brownstone with a move-in ready triplex and a sunny south-facing backyard for the cost of a condo. Originally built in the 1860’s as a single-family brownstone, 544 Pacific Street was later divided up into SRO units, and now has a certificate of occupancy as a 4-family home, dated 2020. An array of updates were made in 2019, including all new plumbing and electric across all four floors. With close to 90% of the building delivered vacant, there’s a path for conversion from SRO to free market. The building comes with a Certificate of No Harassment issued in 2025.
The current configuration features an owner’s triplex comprising the garden level, the parlor floor, and half of the third floor. There is also a full cellar, easily accessible from the triplex. The other half of the third floor includes a studio apartment, delivered vacant. On the top floor there are two units which share a hall bath. One unit will be delivered vacant; the other will be delivered with a rent-stabilized tenant.
The owner’s triplex features a stunning open kitchen with soaring ceilings and large windows. A glass door opens to a terrace perched over a verdant 54-foot deep backyard. This sun-drenched private refuge is a peaceful oasis from the bustle of Brooklyn, and a perfect place to relax, entertain, barbecue and enjoy everyday life.
544 Pacific Street’s C4-4D G zoning allows for construction of over 10,000 residential square feet. Whether you opt to build any of this square footage or not, these development rights are a nice added bonus, with tremendous appreciation potential in future years.
544 Pacific Street is conveniently located at crossroads of Boerum Hill, Park Slope, and Downtown Brooklyn. The renowned restaurants, cafes, boutiques, music venues and other amenities of these great neighborhoods are all close by. For a quick commute to Manhattan and the rest of the city, the 2, 3, 4, 5, N ,Q ,R, B, and D trains as well as the LIRR are nearby at Atlantic Terminal. Come see this versatile Brooklyn brownstone and make it the backdrop for your life in Brooklyn. Shown by appointment only.
Home Features
- •See Remarks
Estimated Monthly Payment
$14,201 per month
30 year fixed, 6.28% Interest
Estimated Rebate for this Home
One-time rebate at closing
$37,425
Monthly savings impact
$104/mo
💡 Estimated at 1.5% of purchase price
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: This calculator provides estimates for informational purposes only. Actual monthly payments, interest rates, taxes, and rebate amounts may vary. The rebate calculation is an estimate and subject to final terms. This information is not provided by the Real Estate Board of New York (REBNY).
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Listings
RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.
The Real Estate Rebate Team
Listing Courtesy of Compass
Data Source: TRESTLE #RLS20031510
Price Analysis
Compare average listing prices and value metrics for 544 Pacific Street against the surrounding Boerum Hill market.
Average List Price
Price Per SqFt
35.54% Lower
than the Boerum Hill price-per-sq-ft average
Units in this building are listed below the neighborhood average, potentially offering better value per square foot compared to surrounding properties.
Boerum Hill
Overview of Boerum Hill
Boerum Hill is the relaxed, artsy sibling of the brownstone belt. Sitting between Cobble Hill and Park Slope, it offers tree-lined streets of red-brick rowhouses and a vibrant shopping scene on Atlantic Avenue. For buyers seeking Boerum Hill Brooklyn real estate, it offers a perfect blend of residential quiet and commercial convenience.
Living in Boerum Hill is unpretentious but upscale. It feels lived-in. As a central Brooklyn NYC neighborhood, it offers the best access to transit and downtown Brooklyn while maintaining a low-rise village scale.
Real Estate & Housing Market
The market for homes for sale in Boerum Hill is strong. The neighborhood is known for having a higher concentration of red-brick townhouses (vs. brownstone) and many are still single-family homes.
New luxury condos along the Atlantic Avenue corridor have added modern options, creating a diverse housing stock.
Lifestyle & Community
The lifestyle in Boerum Hill is convenient. Atlantic Avenue is famous for its antique shops, Middle Eastern spice markets (Sahadi's), and trendy boutiques. Smith Street offers nightlife and dining.
The community is creative and professional. Actor Heath Ledger famously lived here, cementing its cool factor.
Transportation & Accessibility
Boerum Hill has arguably the best transit in Brooklyn. You are walking distance to Atlantic Terminal (all trains + LIRR) and the A/C/G at Hoyt-Schermerhorn and F/G at Bergen.
Commuting to Manhattan takes 10-15 minutes.
Parks, Schools & Amenities
While it lacks a massive park within its borders, it has smaller pleasant spaces, and residents often walk to nearby Brooklyn Bridge Park or Fort Greene Park.
Amenities are top-notch: easy access to the Barclays Center, City Point (Alamo Drafthouse, Trader Joe's), and the cultural BAM district.
Who This Neighborhood Is Best For
Boerum Hill is best for commuters, design lovers, and buyers who want a quiet street but instant access to the energy of Downtown Brooklyn.
