Updated 9 days ago

751 Dean Street

Prospect Heights, Brooklyn | Underhill Ave & Vanderbilt Ave

16 Rooms7 Beds7.5 Baths5,065 Square FeetMulti-Family

$2,995,000
floors / apts4 / 4
Lot Size21'3"x75'
ZoneR6B
Building TypeLow-Rise
RE Taxes$66,966
Price Per SF
$591

Building Amenities

  • Video Intercom
  • Garden
  • Sprinkler System

Property Description for 751 Dean Street

MULTI-FAMILY INVESTMENT OPPORTUNITY IN PRIME PROSPECT HEIGHTS

751 Dean Street is a tremendous value-add opportunity for a savvy investor in prime Prospect Heights. Much of the heavy lifting has already been completed and is ready for someone to take over and turn into high-end rentals or a 4-unit condo conversion.

-Approved Plans for 4 residences
(Unit 1) 1 Bed + Office/2.5 Bath Duplex With Private Garden
(Units 2-4) Full Floor 2 Bedroom/2 Bathroom
-Currently Four Family 22' x 45' (Building Size)
Work includes approved plans, Pella windows, installed sprinkler system, rough plumbing, electric

751 Dean Street is a rare opportunity to own a grand four-family home in one of Brooklyn's most desired neighborhoods and is conveniently located between Vanderbilt & Washington Avenue. 751 Dean Street is within minutes from Barclays Center, Atlantic Terminal, Prospect Park and some of Prospect Heights' finest offerings.

$290,000 Potential Gross Income As Four Family Rental
Average PPSF for similar condos in the area: $1,400-$1,500+
$5.5M-$5.8M Projected Condo Sell Out

Current property taxes are not accurate and in midst of being reclassified
Contact us today for a setup and more information

Listing History for 751 Dean Street

Now
01/16/2024
$2,995,000
Initial Price by Daniel Kandinov
Corcoran
Launch

Building Details for 751 Dean Street

OwnershipMulti-Family
Building TypeLow-Rise
Service LevelVideo Intercom
AgePost-War
AccessWalk-up
Year Built2014
Floors/Apts4/4
Learn More About the Building

Transit and Citi Bike

Subway

Clinton-Washington Avs
0.24 miles
7 Av
0.41 miles
Grand Army Plaza
0.43 miles
Franklin Av
0.46 miles

Citi Bike

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

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: 93811TH