Prime Prospect Heights Investment Opportunity
Opportunity awaits with this three-story, multi-unit townhouse nestled in the heart of Prospect Heights-one of Brooklyn's most sought-after neighborhoods. This versatile multi-unit property presents a rare chance for both immediate rental income and long-term upside.
The building configuration:
-A spacious one-bedroom duplex on the first floor
-A rear-facing flexible two-bedroom unit on the first floor
-A charming floor-through two-bedroom on the second floor
-A top-floor three-bedroom residence offering excellent light and proportions
All units are in good condition with scope for cosmetic upgrades, providing immediate value-add potential. The current rent roll offers room for growth as is, and with light renovations, the property's income potential could be significantly enhanced. Additionally, for developers or investors eyeing a condo conversion, comparable properties in the area are achieving exceptional price-per-square-foot returns.
The building has all free market apartments, allowing for flexibility of use. Income and expense statements are available upon request.
Shown by appointment only. Don't miss this exceptional opportunity to own a piece of Prospect Heights.
Active
$2,650,000
656 Dean St, Brooklyn, NY 11238
8beds
2,700sqft
Rental Unit
Built in 1931
-- sqft lot
$2,689,200 Zestimate®
$981/sqft
$-- HOA
What's special
Cosmetic upgradesTop-floor three-bedroom residenceGood conditionSpacious one-bedroom duplexFlexible two-bedroom unitCharming floor-through two-bedroom
- 38 days
- on Zillow |
- 1,584 |
- 56 |
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