About this property

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/1.5 Bath Duplex With Private Garden

(Units 2-4) Full Floor 2 Bedroom/2 Bathroom

-Currently Four Family 22′ × 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*

Stories

Residential Units

Year Built

2014