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1666 Dean St
Brooklyn, NY 11213
Multifamily Property For Sale
·
8 Units
Executive Summary
1666 Dean Street is a well-positioned multifamily property located in the heart of Crown Heights, one of Brooklyn’s most dynamic and rapidly evolving residential neighborhoods. Situated between Schenectady and Utica Avenues, the property benefits from exceptional connectivity via the A, C, 3, and 4 subway lines, providing direct access to Downtown Brooklyn, Lower Manhattan, and Midtown. The surrounding area is characterized by a diverse residential population, historic brownstones, neighborhood retail corridors, and a growing collection of restaurants, cafés, and lifestyle-oriented businesses that continue to attract new residents and investment. Nearby destinations including Prospect Park, the Brooklyn Children’s Museum, Brooklyn Botanic Garden, the Brooklyn Museum, and the Barclays Center further enhance the neighborhood’s appeal while supporting strong long-term residential demand. With continued public and private investment throughout Central Brooklyn, limited multifamily supply, and strong demographic fundamentals, 1666 Dean Street represents an outstanding opportunity to acquire a well-located asset in one of New York City’s most resilient and steadily appreciating residential markets.
Property Facts
| Price Per Unit | $500,000 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.06 AC |
| Cap Rate | 5.12% | Building Size | 6,689 SF |
| No. Units | 8 | No. Stories | 4 |
| Property Type | Multifamily | Year Built | 2017 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Mid-Rise | ||
| Zoning | R6 - R6 zoning districts are widely mapped in built-up, medium-density areas in Brooklyn, Queens and the Bronx. | ||
| Price Per Unit | $500,000 |
| Sale Type | Investment |
| Cap Rate | 5.12% |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.06 AC |
| Building Size | 6,689 SF |
| No. Stories | 4 |
| Year Built | 2017 |
| Opportunity Zone |
Yes |
| Zoning | R6 - R6 zoning districts are widely mapped in built-up, medium-density areas in Brooklyn, Queens and the Bronx. |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 8 | - | - |
Property Taxes
| Parcel Number | 01348-0012 | Improvements Assessment | $454,050 |
| Land Assessment | $161,550 | Total Assessment | $615,600 |
Property Taxes
Parcel Number
01348-0012
Land Assessment
$161,550
Improvements Assessment
$454,050
Total Assessment
$615,600
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