760 Dean St Brooklyn, NY 11238
- Investment properties
- 3,868 SF
- 0.02 lot acres
Current Use by Public Records
- Underhill Cafe Brooklyn / Greek Restaurant / American Restaurant
Property Details for 760 Dean St
- Year built
- 1930
- Lot size
- 0.02 lot acres
- Property size
- 3,868 SF
- Zone code
- R6B
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 01139-0009
- APU
- 11390009
Description
This exceptional mixed-use property in the vibrant Prospect Heights neighborhood of Brooklyn, NY, presents a lucrative investment opportunity. Located at 760 Dean Street, this fully renovated building boasts a fully equipped restaurant and three apartments, each currently generating $2,500 per month in rental income, resulting in 100% occupancy. The building features four separate heating systems, with tenants responsible for their own heating costs. The asking price for this turnkey operation is $4,250,000. The property's address is 760 Dean Street, Brooklyn, NY 11238, situated in Kings County. While the exact square footage is not specified, the building's combination of commercial and residential space offers significant potential for both immediate income and future appreciation. The current rental income stream provides a stable foundation for investors seeking a strong return on investment in a desirable Brooklyn location. This is a rare opportunity to acquire a fully operational and high-performing mixed-use property in a thriving neighborhood. The property's excellent condition and strong tenant occupancy make it an attractive investment for both seasoned and new investors. The building's location in Prospect Heights offers easy access to public transportation, local amenities, and the vibrant cultural scene of Brooklyn.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $450,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $340,000
- 6.5%
- $345,000
- 7%
- $375,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $345,000
- Geo Method
- $315,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $370,000
- Retail
- $430,000
- Mixed-Use
- $345,000
- Hospitality
- $365,000
- Educational
- $335,000
- Residential Income
- $370,000
- Energy
- $360,000
- Income-Based Land
- $360,000
- Food Service
- $410,000
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.965
- Latitude
- 40.6794
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
