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INVESTMENT HIGHLIGHTS
- Free-market multifamily building consisting of 8 residential units located in the Crown Heights neighborhood of Brooklyn.
- The property is in a protected tax class (Tax Class 2B).
- DHCR and floor plans are available upon request.
- The property is built 3,360 SF across three stories and is fully renovated.
- The property is permanently exempt from rent stabilization.
- The property is located in close proximity to public transportation, including the A and C subway lines, enhancing tenant appeal and accessibility.
EXECUTIVE SUMMARY
Asset CRG Advisors has been exclusively retained to market 1076 Dean St, Brooklyn, NY 11216, a fully renovated, free-market multifamily building in Crown Heights. The 3,360 SF, three-story property consists of eight residential units, each featuring one bedroom and one bathroom. The building is permanently exempt from rent stabilization, offering investors flexibility in rental pricing and management. DHCR and floor plans are available upon request.
Ideally situated in Crown Heights, the property benefits from the neighborhood’s ongoing growth and strong rental demand. With proximity to the A and C subway lines, tenants enjoy seamless access to Manhattan and other parts of Brooklyn, further enhancing its appeal as a prime investment opportunity.
Located in the vibrant Crown Heights neighborhood of Brooklyn, 1076 Dean St is situated on a 2,200 square foot lot within an R6B zoning district. This area is known for its rich cultural diversity, historic architecture, and a strong sense of community. The property benefits from its proximity to various public transportation options, including the A and C subway lines, providing easy access to other parts of Brooklyn and Manhattan. The neighborhood offers a variety of local amenities, such as cafes, restaurants, and shops, contributing to its lively atmosphere. Recent years have seen significant growth and development in Crown Heights, making it an attractive location for residents and investors alike.
Ideally situated in Crown Heights, the property benefits from the neighborhood’s ongoing growth and strong rental demand. With proximity to the A and C subway lines, tenants enjoy seamless access to Manhattan and other parts of Brooklyn, further enhancing its appeal as a prime investment opportunity.
Located in the vibrant Crown Heights neighborhood of Brooklyn, 1076 Dean St is situated on a 2,200 square foot lot within an R6B zoning district. This area is known for its rich cultural diversity, historic architecture, and a strong sense of community. The property benefits from its proximity to various public transportation options, including the A and C subway lines, providing easy access to other parts of Brooklyn and Manhattan. The neighborhood offers a variety of local amenities, such as cafes, restaurants, and shops, contributing to its lively atmosphere. Recent years have seen significant growth and development in Crown Heights, making it an attractive location for residents and investors alike.
PROPERTY FACTS
| Price | $2,999,999 | Building Class | C |
| Price Per Unit | $375,000 | Lot Size | 0.05 AC |
| Sale Type | Investment | Building Size | 3,360 SF |
| No. Units | 8 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1931 |
| Apartment Style | Low-Rise | ||
| Zoning | R6 - Residential | ||
| Price | $2,999,999 |
| Price Per Unit | $375,000 |
| Sale Type | Investment |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.05 AC |
| Building Size | 3,360 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1931 |
| Zoning | R6 - Residential |
AMENITIES
SITE AMENITIES
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 8 | - | 420 |
1 1
Walk Score®
Walker's Paradise (94)
Transit Score®
Rider's Paradise (100)
Bike Score®
Biker's Paradise (94)
PROPERTY TAXES
| Parcel Number | 01211-0022 | Improvements Assessment | $532,800 |
| Land Assessment | $11,250 | Total Assessment | $544,050 |
PROPERTY TAXES
Parcel Number
01211-0022
Land Assessment
$11,250
Improvements Assessment
$532,800
Total Assessment
$544,050
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1076 Dean St
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