$2,550,000
Updated 6 years ago
Sold

688 Dean Street

Prospect Heights, Brooklyn | Vanderbilt Ave & Underhill Ave

4,224 Square FeetMulti-Family

$2,550,000
floors / apts4 / 3
Lot Size22'x110'
Built Size22'x40'
ZoneR6
Building TypeTownhouse
RE Taxes$4,548
Price Per SF
$604

This property was sold for $2,550,000 on 02/24/20.

Outdoor space and views

  • Backyard

Property Description for 688 Dean Street

Fantastic opportunity to mine a diamond in the rough in prime Prospect Heights close to everything.

This huge 22.5 foot wide, legal three-family brick townhouse in an amazing location offers so many possibilities! The building is 4224 square feet including the basement, and there are additional 1782 square feet of allowable usable floor area for a total of 6014 square feet on the 22.5 ft X 110 ft lot. (Residential FAR is 2.43; FAR as built is 1.71; Facility FAR is 4.8).

Bring your architect and ideas for this property requiring a major renovation--ideal for a condo conversion, huge single family house, spacious multi-floor owner home with rental income or retain its current configuration for owner occupancy and/or rental apartments. Depending upon renovation, potential monthly rental income could be more than $15,000. Enjoy the opportunity to cultivate the great outdoors in the spacious backyard for gardening and entertaining.

Gas heated, including tankless hot water system. Three separate gas and electric meters. Roof is 6 years old. Tax bill for June 2019 is $4665.

On a tree-lined street across from St. Joseph's Apartments for seniors, located near Atlantic Avenue Terminal with 11 subways, LIRR and many bus lines, this house on Dean Street is just a few houses away from Vanderbilt Avenue's restaurants and shops, close to Barclay Center, BAM, Prospect Park, Brooklyn's Central Library and so much more.

The property is being sold AS IS and will be delivered vacant. Shown by private appointment. Will co-broke with all NYS licensed agents and brokers.

Listing History for 688 Dean Street

Now
02/24/2020
$2,550,000
Sold and Closed by Jennifer Schwartz
Douglas Elliman
2020

Building Details for 688 Dean Street

OwnershipMulti-Family
Building TypeTownhouse
AgePre-War
AccessWalk-up
Year Built1915
Floors/Apts4/3
Learn More About the Building

Transit and Citi Bike

Subway

Clinton-Washington Avs
0.24 miles
7 Av
0.33 miles
Grand Army Plaza
0.38 miles
Bergen St
0.41 miles

Citi Bike

Bergen St & Vanderbilt Ave
0.05 miles
Underhill Ave & Pacific St
0.14 miles

Contact Agent

Contact Agent

Jennifer Schwartz
Douglas Elliman

Prospect Heights | Brooklyn

Quick Profile

Prospect Heights is a small residential neighborhood surrounded by big attractions. It’s rich in culture and offers the perfect blend of old Brooklyn charm and modern-day hipness. 

Residents of this tight-knit community include young professionals, families and long-time residents. It’s a walkers paradise - just steps from Prospect Park and a short walking distance to neighborhoods like Downtown Brooklyn, Fort Green and Clinton. You’re close to culture too. Brooklyn Museum, Brooklyn Library, Brooklyn Botanical Garden, Brooklyn Academy of Music and the Barclays Center are all nearby.

Prospect Heights is bordered by Flatbush Avenue to the west, Washington Avenue to the east, Atlantic Avenue and Dean Street to the north and Eastern Parkway to the south.

Prospect Heights, like many areas of New York City, was first inhabited by indigenous tribes and eventually settled by the Dutch and turned into farmland. 

A significant part of the Revolutionary War was fought in Prospect Heights and the surrounding areas. Known as the Battle of Brooklyn, it was the first military engagement following the Declaration of Independence. Things didn’t go so well for American forces so they retreated and the British occupied Manhattan for several years after the Battle of Brooklyn.

In 1867, the opening of Prospect Park caused major housing growth in Prospect Heights. The middle-class neighborhood was soon populated by Jewish, Italian, and Irish workers. Many of which were shop-owners or employed as laborers in nearby factories.

Housing in Prospect Heights includes single-family row houses, historic townhouses, co-ops, and new luxury condos. The median listed price for a 1-bedroom in Prospect Heights is $680,000 with an average price per square foot is $944.

The neighborhood's commercial artery runs along Vanderbilt Avenue and Washington Avenue. The variety of businesses adds to the charm of the neighborhood. They include bars, pubs, restaurants and mom-and-pop stores of all types. The shops and eateries are a perfect alternative to the big-name attractions that bracket the neighborhood. It's a little bit of everything in this neighborhood. 

Subways are plentiful in Prospect Heights. Its proximity to Manhattan is another perk of the neighborhood. It's about a half-hour train ride. The B, D, N, Q, R, 2, 3, 4 and 5 subway lines all serve the Atlantic Avenue/Barclays Center station. 2, 3, 4, B and Q trains cover the neighborhood and the A and C trains are nearby too. 

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 73948TH