2337 Dean St, Brooklyn, NY 11233
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.