120 Dean Street New York City, NY 11201
Listing Courtesy of: REBNY / Corcoran Group

  120 Dean Street New York City, NY 11201

Active (64 Days)
$5,500,000
10
BED
4
BATH
3,936
SQFT

Description

120 Dean Street Brooklyn, New York 11201<br><br>Proudly presenting 120 Dean Street: This legal four (4)-unit property is in the heart of Boerum Hill. Situated on a gorgeous tree-lined block, do not miss the opportunity to make this your home or the next addition to your investment portfolio. Enjoy being moments away from local staples La Vara, Leyanda, Bar Tabac, June Wine Bar, Clover Club, Paisanos, Fish Tales, and so much more. Take advantage of the proximity to Smith/Court Streets and all the major transit lines (including Borough Hall). This location is as prime as it gets! Located in the epicenter of Boerum Hill, this property is truly a trophy location!<br><br>This landmark four (4)-unit townhouse is 21 ft x 43 ft and is situated on a 21.83 ft x 100 ft lot. Currently configured with an owner's duplex on the garden level and a finished basement. This unit is currently set up as a two (2)-bedroom and one (1)-bath with access to a beautiful backyard (52'0 x 21'10). The finished basement is a large space that is perfect for a rec room/playroom, media room, studio, home gym, or an extra bedroom (options are only limited by your imagination).<br><br>The second floor/parlor level apartment features two (2) bedrooms and one (1) bath. Both bedrooms are large enough to be fully furnished to your distinguished taste and can accommodate full bedroom furniture sets/king-size beds. The primary bedroom is 10'0 x 14'6 and the accompanying bedroom is 14'0 x 9'0. The sun-soaked living room (17'0 x 11'4) radiates good vibes and energy and overlooks the garden.<br><br>The third and fourth-floor apartments are configured as three (3)-bedrooms and one (1)- bath rental unit. All apartments are floor-through and receive multiple exposures. All units are move-in ready and can be rented on day one.<br><br>The rent roll can be significantly increased without a single renovation. Additional strategic renovations can increase the rent roll even further. This property is perfect for those looking to convert the building into a single-unit dream home in a dream location. The townhouse is also a great option for those looking to reside in one of the units while renting out the other apartments to support the mortgage. This is also an opportunity for savvy investors seeking an investment property in one of the most coveted neighborhoods in all of Brooklyn.<br><br>As an extra bonus, the bricks have been recently re-pointed, and the roof is only two (2)- years old. The owner's duplex can be delivered vacant upon closing (owner occupied). Two (2) of the Three (3) rental units have leases that expire 9/30/24 and one of the units' leases expires 10/31/2024.

MLS #:
RPLU-33422866528
Taxes
$15,912
Lot Size
2183 acres
Type
Townhouse
Year Built
1900
County
Kings County
Community
Boerum Hill

Listed By

David Kafko, Corcoran Group
Source
REBNY
Last checked May 9 2024 at 10:46 AM GMT+0000
Bathroom Details
  • Full Bathrooms: 4
Interior Features
  • Laundry: In Unit
  • Laundry: Washer Hookup
Subdivision
  • Boerum Hill
Heating and Cooling
  • Other
Basement Information
  • Other
Stories
  • 3
Living Area
  • 3,936 sqft
Additional Listing Info
  • Buyer Brokerage Commission: 2.5
Location
   
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
Apr 10, 2024
Price Changed
$5,500,000
-8%
-500,000
Mar 06, 2024
Original Price
$6,000,000
-
-

Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
%
Interest rate
%
Mortgage calculator estimates are provided by CENTURY 21 Real Estate LLC and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Copyright 2024 Real Estate Board of New York (REBNY). All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 5/9/24 03:46