Renovated 8-Unit Apartment
For Sale
Contact for pricing
1076 Dean St, Brooklyn, NY 11216
Fully renovated, three-story multifamily asset with free-market residential units.
Property Size3,360 SF
Price / SF$892.86
Days on Market125
Property Features for 1076 Dean St
General Information
Standard status
Active
Size
3,360 SF
Property subtype
Multifamily
Units
Unit Mix
8 x 1BR/1BA
Multifamily Units
8
Additional Details
Public Transit
Yes
Building Details
Buildings
1
Stories
3
Units
8
Tenancy
Multi
Listing Agency:
Asset Commercial Realty Group
Listed By:
Yuriy Ustoyev · License #NY
(718) 887-9090
Source:
Crexi
Added: Jun 18
Changed: Oct 10
Last Checked: Oct 20 at 5:36PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Asset Commercial Realty Group
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Investment Insights
Based on property information with market context.
Located at 1076 Dean St in Brooklyn’s Crown Heights neighborhood, this fully renovated apartment building contains 3,360 SF across three stories. The property includes eight residential units, each configured with one bedroom and one bathroom, providing a consistent multifamily layout.
The building is permanently exempt from rent stabilization and operates as a free-market property. Its location near the A and C subway lines provides transit access to Manhattan and other Brooklyn destinations. DHCR materials and floor plans are available upon request.
The building is permanently exempt from rent stabilization and operates as a free-market property. Its location near the A and C subway lines provides transit access to Manhattan and other Brooklyn destinations. DHCR materials and floor plans are available upon request.
Key Highlights
- 3,360 SF, three‑story apartment building at 1076 Dean St
- Eight residential units, each with one bedroom and one bathroom
- Fully renovated multifamily property
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$102,577
Cap Rate
3.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,051,540
$2.1M
Cap Rate 7%
$1,465,386
$1.5M
Cap Rate 9%
$1,139,744
$1.1M
Market Conditions
NOI Build-Up for 3,360 SF
Gross rent
$190.3K $56.64/SF
− Vacancy
−$3.8K −$1.13/SF
EGI
$186.5K $55.51/SF
− OpEx
−$83.9K −$24.98/SF
NOI
$102.6K $30.53/SF
Area
Brooklyn, NY
Vacancy
2.00%
Lease Rate
$56.64 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,051,540
Cap Rate 7%
$1,465,386
Cap Rate 9%
$1,139,744
Alternative Uses
Best Use
Apartment 5plus
$1.47M
$1.28M – $1.71M
NOI $102,577 @ 7.0% cap · market cap 3.42%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.78M
$2.43M – $3.25M
NOI $194,746 @ 7.0% cap · market cap 6.49%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
8
Residential units
Location Intelligence
Trade Area within ½ mile
6,479
Businesses Nearby
Explore this area
Business Placement
Demographics for 11216, NY
61,251
Population
28,825
Households
2.1
Avg Household Size
34
Median Age
56%
College-Educated
91%
High-School Grad
1.0 sq mi
ZIP Area
61,251
Density / Sq Mi
$95,000
Median Household Income
$61,389
Median Earnings
$2,180
Median Rent
$1,398,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - Fully renovated, three-story multifamily asset with free-market residential units.
Where is this apartment building located?
The property is located at 1076 Dean St Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,999,999.
What are key features of this property?
This property features: 3,360 SF, three‑story apartment building at 1076 Dean St; Eight residential units, each with one bedroom and one bathroom; Fully renovated multifamily property
