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,… Read More 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. Read Less
Listing Courtesy of: Beatriz Moitinho, Serhant
Listing Snapshot
Days Online
46
Last Updated
Property Type
MultiFamily
Beds
8
Full Baths
5
Partial Baths
1
Square Ft.
1,000
Lot Size
0.05 Acres
Year Built
1905
MLS Number
RLS20032783
30 Days Snapshot Of 11216
$2.46M
+94%
(avg) sold price
4
-42%
homes sold
86
-37%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Entry Level: 1, Features: GreenBuilding, Living Area Units: SquareFeet, Rooms Total: 10, Structure Type: Townhouse
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