Marcus & Millichap - Tri Borough Multi-Family

1245 Dean Street

1245 Dean Street
, Brooklyn

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Price: $1,200,000
Building Size: 5,810 Square Feet
Property Type: Multi Family
Exclusive Listing Team:
Matt Fotis
Tel: 212-430-5206
Matthew(dotted)Fotis(at)marcusmillichap(dotted)com
INVESTMENT OVERVIEW:

The subject property, 1245 Dean Street, located between Nostrand Avenue and New York Avenue, is a five-story brownstone located in the Crown Heights North Historic District of Crown Heights. The building is built 20 feet by 50 feet with a 15 foot by 27 foot extension on the ground and parlor floors resting on a 20 foot by 100 foot lot (Block: 01207, Lot: 0048).  Ground Floor – 20 feet by 50 feet and a 15 foot by 27 foot extension. Parlor Floor – 20 feet by 50 feet and a 15 foot by 27 foot extension Third Floor – 20 feet by 50 feet. Fourth Floor – 20 feet by 50 feet. Fifth Floor – 20 feet by 50 feet.

The subject property offers both owner-users and investors the rare opportunity to purchase an extremely large brownstone townhouse in a consistently appreciating sub-section of Brooklyn with several potential redevelopment options. A significant amount of historical and original details remain intact within the property.