1695 Dean offers a rare opportunity to own a newly renovated two-family townhouse in the heart of historic Crown Heights. This attached brick home, originally built in 1920 and fully renovated, spans 1,556 square feet and sits on a generous 2,313 square foot lot. With a low annual property tax of just $1,884.80 and a price per square foot of $577, this property is an excellent choice for both end-users seeking space and comfort, as well as investors looking to capitalize on a high-growth area.
The home is configured as two full-floor, fair-market residential units, both of which are currently vacant and move-in ready. Each floor features a well-appointed two-bedroom, one-bathroom apartment, offering flexibility for rental income, a live-with-income setup, or multi-generational living. The interior has been tastefully updated to meet modern standards, with a brand-new water heater installed and a boiler that was replaced within the last four years.
Zoned R6, the property offers a substantial floor area ratio (FAR) of 2.43, which would make a great investment for a developer or end user looking to expand and maximize the site’s value. The building class is B3 (converted one-family), and its current residential configuration is fully compliant with city zoning.
Located on a quiet, tree-lined street, 1695 Dean Street is within easy reach of the A and C subway lines via the nearby Utica Avenue and Ralph Avenue stations, offering quick access to Manhattan and surrounding Brooklyn neighborhoods. The area is known for its rich history, strong sense of community, and proximity to Lincoln Terrace Park, local cafes, and cultural landmarks.
Whether you're looking for a turnkey investment or a personal residence with income potential, 1695 Dean Street combines thoughtful renovation, low operating costs, and strong upside in one of Brooklyn’s most exciting neighborhoods.
In contract
Price cut: $69K (6/21)
$830,000
1695 Dean St, Brooklyn, NY 11213
4beds
1,556sqft
Multi Family
Built in 1920
-- sqft lot
$-- Zestimate®
$533/sqft
$-- HOA
What's special
Attached brick homeQuiet tree-lined streetThoughtful renovationBrand-new water heaterWell-appointed two-bedroom one-bathroom apartment
- 88 days
- on Zillow |
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