465 Pacific Street
465 Pacific Street, Brooklyn, NY 11217
Boerum Hill, Brooklyn
BBL 3001857504 · BIN 3424212
- Year built
- 2017
- Type
- Condominium
- Units
- 30
- Floors
- 7
- Amenities
- Lobby attendants and a superintendent, a cellar fitness room, a children's playroom and a double-height recreation room with a catering kitchen on the second floor, a common roof terrace on the Atlantic Avenue wing, a common laundry room, a bike room with 25 spaces, storage lockers, and a 17-space ground-floor garage entered from Pacific Street. Two passenger elevators
- Landmark status
- Not an individual landmark; not in a historic district
- NYC Landmarks Preservation Commission and City Planning records, updated February 2026
- Doorman
- Full-time doorman
Every recorded sale at this building, 2017–2026
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf, 2025
- $1,770
- floor-adjusted, 1 sale
- Listing discount
- -1.8%
- Recorded sales
- 38
- On record
- 2017–2026
Own an apartment here? See what it would sell for.
A Private Pricing Opinion — what your apartment at 465 Pacific Street would likely sell for today, what it costs to sell, and what you’d walk away with — reviewed personally against condition, exposures, renovation quality, and the competition actually on the market.
465 Pacific Street is a through-block building on the first block east of the Boerum Hill Historic District. It reads as two buildings. A residential wing faces Pacific Street, a row-house street, and a second wing rises over retail on Atlantic Avenue at the Nevins Street corner. A courtyard separates them. Morris Adjmi Architects designed both: brick cavity walls with some metal-panel cladding above, and aluminum-and-glass storefronts at the base on Atlantic Avenue and Nevins Street. It is one condominium, one board and one lot on the tax roll.
The sponsor, Atlantic Pacific Development Partners LLC, cleared a one-story commercial building at 472 Atlantic Avenue in 2015 and built under a plan accepted in September 2015. Closings began on March 10, 2017, and all 30 residences had closed by July 25, 2017. The commercial unit sold in July 2017 to a separate owner. The last cabana sold in 2018. Every residence went to a separate buyer, and the sponsor holds nothing today.
The number that defines ownership here is the tax bill. The offering plan's tax opinion states that the residential, parking and cabana units would not apply for any exemption or abatement, and the Department of Finance exemption rolls reviewed carry none on them. There was no 421-a benefit to burn off. Owners have paid full taxes from the first assessed year, and at current assessments the bills are high. Only the commercial unit sought a benefit, under the Industrial and Commercial Abatement Program.
Architecture and unit composition
The residences run from the second floor to the seventh, in lettered lines (2A–5C, PHA, PHB) and numbered lines (201–602, PH1). Per the Department of Finance roll:
- Compact apartments, about 693 to 720 square feet (2C and 303).
- About 990 square feet (2B, 3B and 4C).
- About 1,130 to 1,370 square feet (301, 401, 501, 3C, 4B, 5C and G201).
- About 1,470 to 1,720 square feet, the largest group in the building.
- The large residences: 602 at about 1,964 square feet, garden residence G202 at about 2,162, PHA at about 2,385 and PH1 at about 2,929.
Outdoor space is the main differentiator. Per the architect's description in the plan, garden residences 2D, 2E, G201 and G202 have terraces at the second-floor level, and 4A, 4B, 4D, 5A, 5B, 5C, 602, PHA, PHB and PH1 have private terraces. PHA, PHB and PH1 have gas fireplaces. Some residences are duplexes with internal stairs. The plan bars enclosing terraces and bars using terraces or the recreation rooms for sleeping or living space.
Systems are unit-based. Each residence has its own variable-refrigerant-flow heating and cooling system, run off rooftop condensers, and its own electric meter. Hot water comes from gas-fired water heaters on the roof. The Atlantic Avenue wing's elevator runs from the cellar to the roof terrace. The Pacific Street wing's runs from the cellar to the seventh floor.
The garage has 17 spaces on the ground floor, entered from Pacific Street and unattended. The four cabanas sit on the Atlantic Avenue wing's roof, next to the common terrace, behind wood-slat fencing. Both are separately deeded, and the plan limits their purchase and use to residential owners.
The certificate of occupancy records a zoning lot of tax lots 2, 3, 4, 54 and 56, combined by an instrument recorded in 2015. That is the building's own original lot plus four neighboring lots on Nevins and Pacific Streets.
Building operations
Taxes are the full bill and always have been. At 2026/27 taxable assessments and a Class 2 rate of about 12.5 percent, our estimate from the roll is:
- about $12,000 a year for the 700-square-foot apartments
- about $17,000 at about 990 square feet
- about $19,300 to $24,700 for the 1,130-to-1,370-square-foot apartments
- about $25,300 to $29,900 for the 1,470-to-1,720-square-foot apartments
- about $34,600 for 602, $40,000 for G202, $43,100 for PHA and $55,700 for PH1
- roughly $950 a year for a parking unit and $670 to $1,300 for a cabana, both taxed in Class 4
These are estimates, not bills. Use the current bill for the unit.
The first budgets ran above the plan. The plan projected a first-year budget of about $587,000. The operating budget approved in February 2018, on file in The Roebling Research Library, raised residential common charges about 18 percent over that projection. Payroll was the largest increase. The plan staffed the building with a superintendent and lobby attendants covering 16 hours a day, seven days a week, and the 2018 budget carried four payroll positions. The commercial unit carries about 28.5 percent of the common interest but shares only in specified costs, including the superintendent, certain service contracts and insurance, and it pays all business improvement district charges. Current common charges, reserves and any assessment should come from the managing agent.
The retail has been reworked. A 2021 filing amended the certificate of occupancy to add childcare use in the commercial space on the cellar and ground floor, with the amended certificate finalized in January 2024. 2025 filings divide the commercial space into two separate spaces within the same footprint. A 2023 filing covers combining two residential condominium units. The tax roll still carries all 30 residential lots separately.
At seven stories, the building is subject to Local Law 11 façade inspections. Ask the managing agent for the most recent filed report and its rating.
Monthly carrying charges in recent sales
- Common charges + taxes, per room
- $606 per room a monthMedian of 3 recorded sales since October 2023Source: recorded sales, refreshed October 2026
- Common charges + taxes, per square foot
- $2.49 per square foot a monthMedian of 4 recorded sales since October 2023Source: recorded sales, refreshed October 2026
Common charges plus real estate taxes, combined into one monthly figure the way New York condominium listings show them. Add a mortgage payment for the monthly outlay. A summary of recorded sales, not a current bill; charges change.
Building staffing and amenities
- Doorman
- Full-time doormanSource: recent listing records
- Attended lobby
- YesSource: The Roebling Team's building profile
- Elevator
- YesSource: NYC Department of Buildings elevator records
- Amenities noted
- Fitness room, playroom, roof deck, garage, bike storage, storage, laundry roomSource: The Roebling Team's building profile
Staffing and amenities as our building profile and recent listing records describe them. A feature not listed is not confirmed absent. Outdoor space, parking and some facilities can belong to particular apartments or to a separate owner; confirm access for the specific apartment.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $25,553/yr
- Per unit / month range
- $0 – $71
- Modeled exposure split equally across 30 units (the residential count on the city's lot record). Not an assessed amount; condominium owners are typically charged by each unit's common-interest percentage.
Source: NYC LL84 benchmarking and PLUTO · The Roebling Research Library. City data last refreshed October 2026.
See full Local Law 97 analysis — emissions history, scenarios, methodology →Facade safety — Local Law 11
The latest available FISP filing classified the facade as Safe — no repairs were required at that inspection. A filed Safe grade is not a guarantee of current condition: owners still maintain the facade and, where required, observe parapets each year. Future inspection timing (Local Law 49 of 2025 changed the cycle framework from October 1, 2026), repair and any assessment decisions remain building-specific.
How to read this, and where it comes from
QEWI = Qualified Exterior Wall Inspector — a licensed professional engineer or registered architect who meets DOB’s FISP qualifications and signs the report (the independent expert, not the managing agent).
Source: NYC DOB facade filings (FISP) · The Roebling Research Library. City data last refreshed October 2026.
Recent sales
This is a resale-only building. The sponsor sold out in five months of closings in 2017, and resales since have run at a few a year, with a cluster in 2021. In the 24 months to September 2026 there were two resales. The garden residences, the terraced upper floors and the penthouses carry clear premiums over the interior lines. Because the building has always been fully taxed, no abatement step-up distorts comparisons between older and newer resales, which is not true of the 421-a buildings nearby. Unit-level transaction history is maintained in The Roebling Research Library and shared with clients during diligence.
Recent closings at this building, from The Roebling Research Library. Prices are the transfer amounts recorded with the NYC Department of Finance; apartment-level detail is checked against the building’s own file in The Roebling Research Library before publishing.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| Nov 19, 2025 | 4D | 3 BR · 2 BA · 1,485 sf | $2,628,000 | $1,770/sf | -0.8% |
| Aug 8, 2024 | PHB | 3 BR · 3 BA · 1,495 sf | $2,999,500 | $2,006/sf | +3.4% |
| Jul 23, 2024 | 4B | 3 BR · 3 BA · 1,367 sf | $2,525,000 | $1,847/sf | -0.8% |
| Apr 28, 2022 | 3B | 2 BR · 2 BA · 989 sf | $1,550,000 | $1,567/sf | +1.6% |
| Dec 20, 2021 | 3A | 3 BR · 3 BA · 1,574 sf | $1,900,000 | $1,207/sf | -4.8% |
| Nov 23, 2021 | 401 | 3 BR · 2 BA · 1,184 sf | $1,625,000 | $1,372/sf | -4.1% |
| Sep 27, 2021 | 5B | 3 BR · 2 BA · 1,693 sf | $2,400,000 | $1,418/sf | +0.0% |
| Aug 9, 2021 | 301 | 3 BR · 2 BA · 1,184 sf | $1,545,000 | $1,305/sf | -3.1% |
Market read. $/sf is measured on the latest sales with reliable square footage (2025): a median $1,770/sf (floor-adjusted) across 1 sale. The building has traded as recently as 2026. Median listing discount -1.8% over ask.
The retrade record
Lines that have traded more than once in the public record — the building’s appreciation arc, apartment by apartment.
Full closing history with price-per-square-foot over time, the complete retrade record, and every line that has traded.
Sales sourced from NYC Department of Finance recorded transfers (BBL 3-00185-7504; each condominium apartment is its own tax lot). Apartment-level facts (line, condition, asking-price context) curated and cross-verified in The Roebling Research Library. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price; square footage from recorded condo declarations and offering plans.
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What to know if you’re buying
Underwrite the tax bill first. The assessment roll shows no exemption; check the apartment's bill for any abatement. The tax on a 1,500-square-foot apartment here runs in the upper $20,000s a year on our estimate. Put the current bill into the carrying-cost model before comparing with 421-a buildings nearby.
Price parking and cabanas separately. Both are their own lots, with their own taxes and charges, and only residential owners may buy them.
Check the terrace. Outdoor space drives value here, and the plan bars enclosing it. Confirm the terrace's size, drainage and any repair history.
Get the policies in writing. Pets, leasing and the right of first refusal must come from the managing agent and the by-laws.
What to know if you’re selling
Lead with the package. Morris Adjmi design, a courtyard plan, deeded parking, rooftop cabanas and private outdoor space on 14 of the 30 residences. Market the terrace or garden if the apartment has one.
Answer the tax question up front. Buyers comparing with 421-a buildings will see a higher bill. The counterpoint is that there is no step-up coming.
Comparable buildings
- 467 Pacific Street: the 25-apartment prewar walk-up co-op on the same block, a separate lot
- 509 Pacific Street (The Hendrik): a Boerum Hill condominium with no residential abatement and an ICAP-eligible retail unit, the closest structural match
- 533 Pacific Street (Post House): a 41-unit Pacific Street condominium with no tax abatement
- 457 Atlantic Avenue (The Atlantic): a 21-residence condominium over Atlantic Avenue retail, whose 15-year 421-a has expired
- 10 Nevins Street (The Brooklyn Grove): a much larger Boerum Hill condominium, also taxed at full assessment
- 561 Pacific Street: ODA's 12-story condominium farther east on Pacific Street, with licensed parking
- 610 Warren Street: a 2017 Boerum Hill condominium with an active 421-a, for a carrying-cost contrast
- 215 North 10th Street: a Morris Adjmi condominium in Williamsburg over a commercial base, with no tax abatement
More Boerum Hill buildings
- 436 State Street — 1910 condominium
- 457 State Street — co-op
- 464 Warren Street (Grants' Mews), 464 Warren Street · Boerum Hill — 1989 condominium
- 467 Pacific Street — 1912 co-op
- 497 Pacific Street — 1922 condominium
- 509 Pacific Street (The Hendrik) — 2016 condominium
The neighborhood
For the full neighborhood — its buildings, character, and market — read The Roebling Team Guide to Boerum Hill.
How to read the facts on this page. Items attributed to an offering plan describe the building as it was offered at that filing — unit mix, square footage, the amenity program as planned. They are not a statement about how the building operates today. Tax and compliance figures are sourced separately to current City records and carry their own dates. House rules, staffing and fee policy can change by board resolution without any public filing: treat every policy line here as a starting point for diligence and confirm it with the managing agent. Where this page compares one building or neighborhood to another, that is our analysis of the recorded record — it names the measure, the period and the sample it rests on, and it is an observation about medians rather than a prediction about any particular apartment.
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646.939.7375 · c.cohen@compass.com