1008 Pacific Street
Crown Heights, Brooklyn
Parcel ID (BBL): 3011330032
Owner: Clipper Equity
Acquired: November 18, 2019, $20.2 million
Debt: October 28, 2025, $84.5 million
Built: 2022
SF: 165,024
Dwelling units: 175
No. of buildings: 1
Class: Fireproof (Standard Construction Without Stores) (D3)
Floors: 9
Legacy BBLs: 3011330032
Transactions:
• Clipper Equity borrowed $84.5 million from Citibank and Morgan Stanley for 998-1010 Pacific Street, Crown Heights, Brooklyn on October 28, 2025.
• BCG Holdings on March 05, 2025 bought a loan with an original principal of $20 million from Valley National Bank, signed by Travis Lan, secured by 1010 Pacific Street, Crown Heights, Brooklyn, when owned by Clipper Equity.
• Clipper Equity borrowed $20 million from Valley National Bank for 998-1010 Pacific Street, Crown Heights, Brooklyn on September 22, 2023.
• Clipper Equity borrowed $60 million from Valley National Bank for 998-1010 Pacific Street, Crown Heights, Brooklyn on February 14, 2023.
• Clipper Realty borrowed $52.5 million from AIG for 1010 Pacific Street, Crown Heights, Brooklyn on August 16, 2021.
Development:
• Solomon Schwimmer filed plans for alteration in Crown Heights, Brooklyn, on March 16, 2022.
• Solomon Schwimmer filed plans for alteration in Crown Heights, Brooklyn, on March 16, 2022.
• Solomon Schwimmer filed plans for alteration in Crown Heights, Brooklyn, on December 21, 2021.
• Solomon Schwimmer filed plans for alteration in Crown Heights, Brooklyn, on October 22, 2021.
• Solomon Schwimmer filed plans for alteration in Crown Heights, Brooklyn, on October 12, 2021.
Violations:
According to city public data, the properties have received five housing violations and $200 in OATH penalties in the last year.