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    OFF-MARKET
    Commercial real estate

    2337 Dean St, Brooklyn, NY 11233

    1,480 SF 0.06 ac lot
    Property ID
    US63-5820456
    Property summary
    AI-generated overview

    This 8-unit apartment building at 2337 Dean St, Brooklyn, NY 11233, presents a unique investment opportunity. The property, currently configured as a two-family building with two bedrooms and a full bath in each unit, requires renovations. The building has sustained fire damage and is situated on a 0.06-acre lot (24' x 107.17'). With 1,480 square feet of residential space, the property is zoned R6, offering significant potential for redevelopment. The existing structure could be demolished and replaced with a new 8-unit building, either for condos or rentals. The convenient location near shopping and transportation enhances its appeal. The total square footage is 2,572 square feet, spread across two floors. The asking price is $799,000. This property offers a compelling chance to capitalize on Brooklyn's thriving real estate market. While the current building needs significant work, the zoning and location make it an attractive prospect for investors seeking a hands-on project with substantial upside. The property's current configuration includes a total of seven rooms.

    Property profile
    Verified
    Property type Commercial real estate
    Total area 1,480 SF
    Lot 0.06 ac (2,614 SF)
    UPID US63-5820456
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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