NY > Brooklyn > Crown Heights
Brooklyn, NY 11216,1227 DEAN Street
Brooklyn, NY 11216,1227 DEAN Street
Brooklyn, NY 11216,1227 DEAN Street
Brooklyn, NY 11216,1227 DEAN Street
Brooklyn, NY 11216,1227 DEAN Street
Brooklyn, NY 11216,1227 DEAN Street
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Wed
25
Jun
Thu
26
Jun
Fri
27
Jun
Arun Lam Govada

Arun Lam Govada

+1(929) 383-6832
Listing Courtesy of Serhant
$ 3,000,000
Est. payment | /mo

8 Beds

6 Baths

Save
$ 3,000,000
Est. payment | /mo
Save

8 Beds

6 Baths

OPEN HOUSE

Sat Jun 28, 12:00pm - 2:00pm

Sun Jun 29, 12:00pm - 2:00pm

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Subdivision Crown Heights

MLS Listing ID RLS20032783

Bedrooms 8

HOA Y/N No

Year Built 1905

Annual Tax Amount $15,612

Property Sub-Type Multi Family

Property Description

Welcome to 1227 Dean Street. A stately and fully renovated four-family brownstone in the heart of Crown Heights, blending historic charm with real investment potential. The home measures 20.5x 50 and sits on a beautiful tree-lined block. The spacious owner's duplex spans the garden and parlor floors, offering three bedrooms, two full baths, and bright, open living spaces. Original brownstone details-mantels, woodwork, and moldings-have been carefully preserved throughout. The finished basement adds flexibility, perfect for a media room, gym, or home office. A large private garden offers rare outdoor space. Laundry is already installed. This unit is move-in ready and can be delivered furnished. On the third floor, you'll find a fully renovated three-bedroom, one-bath apartment with bay windows and stainless steel appliances. It's currently rented for $4,250/month. The top floor features two thoughtfully renovated one-bedroom units bringing in a combined $4,950/month. All tenants have signed leases, and there's potential to increase total rental income by at least $1,100/month. Fully rented, the building can bring in up to $18,000/month, delivering a 6.3% cap rate. Location is unbeatable-just three blocks from the A and C trains, two blocks from local buses, and surrounded by popular restaurants, cafes, and groceries. Nostrand Avenue, right around the corner, brings energy to the area with local favorites and daily conveniences. Manhattan is just minutes away. Whether you're an investor or looking to live in the duplex and rent the rest, 1227 Dean is a rare opportunity in one of Brooklyn's fastest-growing neighborhoods.

Location

State NY

County Kings

Rooms

Basement Other

Interior

Interior Features Smoke Free

Cooling Other

Fireplaces Number 1

Fireplaces Type Decorative

Fireplace Yes

Appliance Washer Dryer Allowed

Laundry Building Other, Washer Hookup, In Unit

Exterior

Exterior Feature Private Outdoor Space Over 60 Sqft

View Y/N No

View Other

Porch Patio

Private Pool No

Building

Dwelling Type Townhouse

Story 1

New Construction No

Others

Pets Allowed Pets Allowed

Ownership None

Monthly Total Fees $1, 301

Special Listing Condition Standard

Pets Allowed Building Yes, No

REBNY IDX
RLS Data display by eXp Realty

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