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10-Unit Multifamily Opportunity in Crown Heights

$2,300,000

1237 Dean Street, Brooklyn, NY 11216

Active
Last Updated: 02/03/2025

4,550 sqft

Building Size

2,178 acres

Lot Area

Details:
Building Size:    4,550 sqft
Lot Area:    2,178 acres
Units:    10
Year Built:    1931
Zoning:    R6 (C5)
Floors:    5
Description:

This exceptional 10-unit multifamily building is a rare find in the heart of Crown Heights. With 9 free-market units, all currently vacant, the property can be delivered fully vacant, offering an excellent opportunity for investors, developers, or owner-operators looking to reposition the asset. Additionally, the building includes an SRO with a Certificate of Non-Harassment, providing flexibility for future use.


Situated in a prime Brooklyn location, the property boasts easy access to multiple subway lines, including the 2, 3, 4, 5, A, C, J, Q, and Z trains, ensuring seamless connectivity throughout New York City. The surrounding neighborhood is rich with dining, shopping, and entertainment options, making it highly desirable for future tenants.


This is a high-potential value-add opportunity with strong rental upside in one of Brooklyn’s most sought-after areas. Whether you're looking to lease up quickly, convert units, or reposition the asset, this property provides the flexibility to execute your vision.

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