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1285 Dean St 8 Unit Apartment Building $4,800,000 ($600,000/Unit) Brooklyn, NY 11216
Investment Highlights
- Fully vacant pre-war building featuring eight expansive units, each approximately 1,400 square feet, offering significant redevelopment potential.
- Located in the heart of Crown Heights, surrounded by diverse dining, boutique shopping, and cultural attractions.
- Positioned near parks and green spaces, enhancing residential appeal for future occupants.
- Solid structural framework with high ceilings and spacious layouts, ideal for modern upgrades while maintaining historic character.
- Excellent access to public transportation, providing convenient connectivity throughout Brooklyn and Manhattan.
- Rare opportunity to acquire a historic property in a dynamic and growing Brooklyn neighborhood.
Executive Summary
1285 Dean Street (Brooklyn-New York) presents a rare opportunity to invest in and/or own a pre-war, eight-unit four story/3 floor walk-up in a prime Crown Heights Brooklyn location. Delivered fully vacant, each unit spans approximately 1,400 square feet, offering exceptional potential for redevelopment or customization. Though in need of renovation, the building's high ceilings, spacious layouts, and solid structure provide the perfect foundation to create modern residences while preserving classic charm. Surrounded by vibrant dining, shopping, parks, and convenient transit, this is an ideal investment or end-user opportunity to reimagine a historic property in a thriving neighborhood.
Property Facts
Amenities
Unit Amenities
- Kitchen
- Refrigerator
- Range
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 8 | - | - |
1 1
Exceptionally walkable
100/100
Somewhat drivable
30/100
Exceptional public transit
100/100
Very bikeable
80/100
Property Taxes
| Parcel Number | 01208-0074 | Improvements Assessment | $1,096,650 |
| Land Assessment | $20,250 | Total Assessment | $1,116,900 |
Property Taxes
Parcel Number
01208-0074
Land Assessment
$20,250
Improvements Assessment
$1,096,650
Total Assessment
$1,116,900
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1285 Dean St
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