Description
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 Courtesy of corcoran group
This information is not verified for authenticity or accuracy and is not guaranteed and may not
reflect all real estate activity in the market.
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