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
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.
Listing courtesy of Serhant ...More
Property Details
- Multi Family
Amenities
- Appliances: Washer Dryer Allowed
- Attendance: None
- Basement: Other
- Building: Green Building
- Cooling: Other
- Exterior: Private Outdoor Space Over60 Sqft
- Fireplace: Decorative
- Interior: Smoke Free
- Laundry: Building Other, Washer Hookup, In Unit
- Patio: Patio
- Pets: Building Yes, No
- View: Other
