$5,500,000
Updated 2 years ago
Off Market

120 Dean Street

Boerum Hill, Brooklyn | Smith Street & Hoyt Street

19 Rooms10 Beds4 Baths3,936 Square FeetMulti-Family

$5,500,000
floors / apts4 / 4
Lot Size21'x100'
Built Size22'x43'
ZoneR6B
Building TypeTownhouse
RE Taxes$16,887
Price Per SF
$1,397

Outdoor space and views

  • Backyard

Building Amenities

  • Voice Intercom
  • Garden

Property Description for 120 Dean Street

120 Dean Street Brooklyn, New York 11201

Proudly presenting 120 Dean Street: This legal four (4)-unit property is in the heart of Boerum Hill. Situated on a gorgeous tree-lined block, do not miss the opportunity to make this your home or the next addition to your investment portfolio. Enjoy being moments away from local staples La Vara, Leyanda, Bar Tabac, June Wine Bar, Clover Club, Paisanos, Fish Tales, and so much more. Take advantage of the proximity to Smith/Court Streets and all the major transit lines (including Borough Hall). This location is as prime as it gets! Located in the epicenter of Boerum Hill, this property is truly a trophy location!

This landmark four (4)-unit townhouse is 21 ft x 43 ft and is situated on a 21.83 ft x 100 ft lot. Currently configured with an owner's duplex on the garden level and a finished basement. This unit is currently set up as a two (2)-bedroom and one (1)-bath with access to a beautiful backyard (52'0" x 21'10"). The finished basement is a large space that is perfect for a rec room/playroom, media room, studio, home gym, or an extra bedroom (options are only limited by your imagination).

The second floor/parlor level apartment features two (2) bedrooms and one (1) bath. Both bedrooms are large enough to be fully furnished to your distinguished taste and can accommodate full bedroom furniture sets/king-size beds. The primary bedroom is 10'0" x 14'6" and the accompanying bedroom is 14'0" x 9'0". The sun-soaked living room (17'0" x 11'4") radiates good vibes and energy and overlooks the garden.

The third and fourth-floor apartments are configured as three (3)-bedrooms and one (1)- bath rental unit. All apartments are floor-through and receive multiple exposures. All units are move-in ready and can be rented on day one.

The rent roll can be significantly increased without a single renovation. Additional strategic renovations can increase the rent roll even further. This property is perfect for those looking to convert the building into a single-unit dream home in a dream location. The townhouse is also a great option for those looking to reside in one of the units while renting out the other apartments to support the mortgage. This is also an opportunity for savvy investors seeking an investment property in one of the most coveted neighborhoods in all of Brooklyn.

As an extra bonus, the bricks have been recently re-pointed, and the roof is only two (2)- years old. The owner's duplex can be delivered vacant upon closing (owner occupied). Two (2) of the Three (3) rental units have leases that expire 9/30/24 and one of the units' leases expires 10/31/2024.

Building Details for 120 Dean Street

OwnershipMulti-Family
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1900
Floors/Apts4/4
Learn More About the Building

Transit and Citi Bike

Subway

Bergen St
0.13 miles
Hoyt-Schermerhorn Sts
0.23 miles
Hoyt St
0.33 miles
Jay St-MetroTech
0.4 miles
Borough Hall
0.41 miles

Citi Bike

Dean St & Hoyt St
0.05 miles
Pacific St & Smith St
0.1 miles

Contact Agent

Contact Agent

David Kafko
Corcoran

Boerum Hill | Brooklyn

Quick Profile

Boerum Hill is a tiny, quiet, primarily residential neighborhood in Brooklyn. There are broad tree-lined streets that are filled with elegant three and four-story brownstones and townhouses, mostly built between 1840 and 1870. There is a definite family vibe to the neighborhood, but young professionals are moving in, and with them are coming trendy bars to cater to their desire for some measure of nightlife, without having to linger in Manhattan. These new bars and restaurants are being sandwiched in amongst existing shops on both Atlantic Avenue and Smith Street, which are the main commercial areas in Boerum Hill. 

Boerum Hill offers a convenient location that is still able to maintain its small-neighborhood feel. Shopkeepers value their customers and remember their regulars. It continues to do what it was designed to do, namely provide small-town living in the very shadow of the big city. Boerum Hill is an easy commute to other parts of the city, making it easy to come home every day to the peace and tranquility of Boerum Hill while commuting to a job anywhere in the city.

The neighborhood is quite walkable and you can take the time to catch up with your neighbors while visiting on their stoops. Shopping on Atlantic Avenue is stress-free with no high pressure. You can meet with friends at any of the many coffee shops and while away pleasant hours in conversation. The dining scene on Smith Street is similarly laid-back. Don’t expect that there will be quite as much to see or do as there is in Manhattan, but there are a decent number of interesting bars and restaurants providing a measure of nightlife. The trade-off is worth it, as Boerum Hill provides a quiet, peaceful place to live and raise a family.

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: 94782TH