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Condop · 1922
497 Pacific Street
497 Pacific Street, Brooklyn, NY 11217
Buildings·Condop

497 Pacific Street

497 Pacific Street, Brooklyn, NY 11217

BBL 3001857501 · BIN 3000995

At a glance
Year built
1922
Type
Condop
Units
11
Floors
4
Landmark
No
Considering a sale?

Own an apartment here? See what it would sell for.

A Private Pricing Opinion — what your apartment at 497 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.

497 Pacific Street is a small loft condominium on a row-house street. It is four stories on a 60-foot lot, the width of three typical brownstones, with eleven apartments. Listing records describe concrete floors and columns, ceilings of about ten to eleven feet, and original metal fire doors in the halls.

It is also an early Brooklyn condominium. The declaration was recorded in July 1986, and the Department of Finance numbers it condominium 63 in the borough. The sponsor used the J-51 program, the city's tax incentive for renovating older buildings. That benefit ran out around the turn of the century, so today's owners pay taxes at full assessment.

Same block, three buildings. Block 185 has two other buildings with Roebling pages, and they are easy to confuse with this one. 465 Pacific Street (lot 7504) is a 2016 new-construction condominium that runs through the block to Atlantic Avenue. 467 Pacific Street (lot 48) is a prewar walk-up co-op, where apartments transfer as shares. 497 Pacific is neither. It is a 1986 loft conversion with its own condominium regime on lot 7501.

Architecture and unit composition

The building is a four-story masonry industrial building converted to eleven apartments, about three per floor. Unit sizes run from about 850 to about 1,500 square feet on the Department of Finance roll, with apartment 1A the largest at about 2,000.

The commercial unit. In 2018–19 apartment 1A was divided to create an eating-and-drinking establishment on the first floor (DOB job 321717790, signed off December 23, 2019). An amended declaration recorded in November and December 2019 created unit 1C, now tax lot 1012, as a separate commercial unit of about 360 square feet. The residential count stayed at eleven. A buyer should read the amended declaration for how the commercial unit shares common charges and what uses it allows.

DOB's online records show apartment renovations, relocated air handlers in 2019, and sidewalk sheds in 2020–21, which usually signal façade work.

Building operations

This is a small condominium with no staff documented in public records. With no offering plan on file, the budget, reserves, insurance and house rules must all come from the managing agent. Ask specifically about the sidewalk-shed period and the most recent Local Law 11 façade cycle, including what the work cost and whether it was paid by an assessment.

Recent sales

497 Pacific Street trades in the Boerum Hill resale condominium market, where it competes as a loft: high ceilings and industrial construction against the newer condominiums on the same stretch of Pacific Street and the row-house apartments farther west. Two sales have closed in the last 24 months. Unit-level transaction history is maintained in The Roebling Research Library and shared with clients during diligence.

The retrade record

Lines that have traded more than once in the public record — the building’s appreciation arc, apartment by apartment.

3C+118%
$550,000 2007 → $1,150,000 2019 → $1,315,000 2023 → $1,200,000 2026
4B+19%
$1,305,000 2019 → $1,550,000 2025

Recent closings at this building, sourced from NYC Department of Finance records. Apartment-level detail (line, condition, asking-price context) verified upon consultation request.

DateUnitPrice
Mar 31, 20263C$1,200,000
Nov 25, 20254B$1,550,000
Jul 11, 20233C$1,315,000
Aug 22, 20194B$1,305,000
Jun 12, 20192C$995,000
May 31, 20193C$1,150,000
View all 13 recorded sales, sortable

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 3-00185-7501) and verified listing data. Apartment-level facts (line, condition, asking-price context) curated and cross-verified by The Roebling Team research desk. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price.

Buying here? Co-op closing costs typically run 2 to 3% of the price. See NYC co-op and condo closing costs, line by line.

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What to know if you’re buying

Taxes are already at full assessment. The J-51 benefit ended about twenty-five years ago. Primary residents should check eligibility for the city's co-op and condominium abatement.

Read the 2019 amended declaration. A restaurant-use commercial unit now shares the building. Check its share of common charges, permitted hours and uses, and any venting or noise provisions.

Confirm the elevator. Listing records describe a freight elevator; city tax records class the building as a walk-up. See what is actually there and who maintains it.

Get the façade history. The 2020–21 sidewalk sheds point to recent façade work. Find out whether it is finished and paid for.

What to know if you’re selling

Lead with the loft. Ceiling height, concrete construction and a 60-foot frontage are what separate this building from the condominiums around it.

Clear up the neighbors. Buyers and appraisers searching block 185 will find 465 and 467 Pacific. State the lot and the condominium number in the listing.

Comparable buildings

If you're considering 497 Pacific Street, also evaluate:

More Boerum Hill buildings

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.

Considering a move at 497 Pacific Street?

Request a private building brief with the relevant comparable sales, current and off-market availability, and an apartment-specific view of value.

Prefer to speak directly? Schedule a consultation →
Corey Cohen, Principal · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com