772 Dean Street
2 Buildings. 1 Lot. A Tantalizing Mixed-Use Opportunity in Prime Prospect Heights.
Showings on Wed and Sunday by appointment only.
772 Dean Street is a one-of-a-kind offering with endless possibilities as a development project, an income-producing investment, a live-and-rent primary residence, a future small business, and so much more.
The property occupies a large 25' x 126' lot with two independent brick buildings separated by private outdoor spaces. Combined, the buildings include a ground-floor commercial space, two self-contained 1-bedroom apartments, and a charming 4-bedroom carriage house.
This unique parcel sits on a tree-lined street moments from major subway lines, Prospect Park, Brooklyn Museum, Barclays Center, and lively dining and nightlife scenes.
BUILDING 1: A MIXED-USE DREAM ON DEAN 2608SF
Rises three stories with two move-in ready 1-bedroom, 1-bathroom apartments and a ground-floor commercial space with a lower-level basement and an enclosed backyard patio. The commercial space was previously home to the popular neighborhood social club, Ode to Babel.
Each sun-splashed apartment features an open-plan living room, dining room, and windowed kitchen. Bedrooms have built-in closets and sash windows, and bathrooms feature deep tubs with glass shower enclosures.
BUILDING 2: A HIDDEN CARRIAGE HOUSE 1906SF
A gated entry path leads to a lovely courtyard and a charming redbrick carriage house. Set back from the street, the house is incredibly private and pin-drop quiet.
Highlights include 4 large en-suite bedrooms, a sky lit staircase, a basement-level entertainment/media room, a laundry room with a side-by-side washer and dryer, and a galley kitchen that flows out to a private deck. The basement has an additional bathroom, and the entire house has split systems cooling and baseboard heating.
NEIGHBORHOOD: PRIME PROSPECT HEIGHTS
A diverse selection of restaurants, cafes, and bars are seconds away. Leland Eating and Drinking House, Ozakaya, Olmsted, Ciao Gloria, gertrude's, Cruz del Sur, The Fly, and D'Antan are just a few local options. Clinton Hill is to the north and Prospect Park is a few blocks south. Atlantic Terminal Mall and Barclays Center are also nearby.
Accessible subway lines include the 2, 3, 4, 5, B, D, Q, N, R, and C
Commercial Space vacantOur family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$2,999,999
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $2,399,999 | $2,399,999 | $2,399,999 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.000% | 5.875% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.963% | 5.983% | 5.805% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $12,884 | $14,197 | $19,770 |
Total Monthly Payment | $13,009 | $14,322 | $19,895 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.