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1227 DEAN Street
1227 DEAN Street
1227 DEAN Street
1227 DEAN Street
1227 DEAN Street
1227 DEAN Street
1227 DEAN Street
1227 DEAN Street
1227 DEAN Street
1227 DEAN Street
1227 DEAN Street
1227 DEAN Street
1227 DEAN Street
1227 DEAN Street
1227 DEAN Street
1227 DEAN Street
1227 DEAN Street
1227 DEAN Street
1227 DEAN Street
1227 DEAN Street
1227 DEAN Street
1227 DEAN Street
1227 DEAN Street
1227 DEAN Street
1227 DEAN Street
1227 DEAN Street

1227 DEAN Street

1227 DEAN Street, Brooklyn, NY 11216

$3,000,000

  • 8 BEDROOMS
  • 5 FULL BATHS
  • 1 HALF BATH

Property Description

Welcome to 1227 Dean Street. A stately and fully renovated four-family brownstone in the heart of Crown Heights, blending historic charm with real investment potential.

The home measures 20.5x 50 and sits on a beautiful tree-lined block. The spacious owner's duplex spans the garden and parlor floors, offering three bedrooms, two full baths, and bright, open living spaces. Original brownstone details-mantels, woodwork, and moldings-have been carefully preserved throughout. The finished basement adds flexibility, perfect for a media room, gym, or home office. A large private garden offers rare outdoor space. Laundry is already installed. This unit is move-in ready and can be delivered furnished.

On the third floor, you'll find a fully renovated three-bedroom, one-bath apartment with bay windows and stainless steel appliances. It's currently rented for $4,250/month.

The top floor features two thoughtfully renovated one-bedroom units bringing in a combined $4,950/month. All tenants have signed leases, and there's potential to increase total rental income by at least $1,100/month. Fully rented, the building can bring in up to $18,000/month, delivering a 6.3% cap rate.

Location is unbeatable-just three blocks from the A and C trains, two blocks from local buses, and surrounded by popular restaurants, cafes, and groceries. Nostrand Avenue, right around the corner, brings energy to the area with local favorites and daily conveniences. Manhattan is just minutes away.

Whether you're an investor or looking to live in the duplex and rent the rest, 1227 Dean is a rare opportunity in one of Brooklyn's fastest-growing neighborhoods.

Overview

Property Type
Multi-family
Location
1227 DEAN Street, Brooklyn, NY 11216
MLS ID
RLS20032783
Listing Last Updated

Property Features & Amenities

Interior

Total Bedrooms
8
Full Bathrooms
5
Half Bathrooms
1
Appliances
Washer Dryer Allowed
Other Interior Features
Smoke Free

Exterior

Stories
1
Air Conditioning
Other
Other Exterior Features
Private Outdoor Space Over 60 Sqft

Details

Neighborhood
Crown Heights
View Description
Other

Financial

Price
$3,000,000
Real Estate Tax
$15,612/yr

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    The Neighborhood

    Crown Heights

    Crown Heights spans a huge cross-section of central Brooklyn, running from the Brooklyn Botanic Garden on one edge all the way to East New York on the other. The neighborhood, full of Brooklyn old-timers and newcomers alike, is as busy, vibrant, and eclectic as it is wide.

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