NOT LISTED FOR SALE

1662 Dean St Brooklyn, NY 11213

Crown Heights Neighborhood

Estimated Value: $1,012,482 - $1,177,000

8 Beds
3 Baths
2,532 Sq Ft
$429/Sq Ft Est. Value

Last Sold April 26, 2024

Last sale price $975,000 $385 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $6,418/month

102 Days on Market

About This Home

As of April 2024

Building for sale: Crown Heights 3-units multifamily. Great investment opportunity or end use to live in plus two units as additional income stream and building wealth as the area keeps transforming!

Three Free Market Units currently occupied at competitive rent rates -- each unit has been recently renovated. Ideal location, just a few blocks away from Atlantic Avenue and conveniently located near the A, C, 3, & 4 Train lines and the MTA Long Island Railroad.

Building - 2532 SQFT / Lot - 19 ft x 75 ft

UNIT 1 - $2,200
UNIT 2 - $2,200
UNIT 3 - $2,200

Last Agent to Sell the Property

Avi Shalem

Brown Harris Stevens Brooklyn LLC License #10401233647 Listed on: 09/15/2023

Brown Harris Stevens Brooklyn LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,124

Year Built

  • Built in 2006

Lot Details

  • 1,425 Sq Ft Lot
  • Lot Dimensions are 75.00x19.00

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 3-Story Property
  • Laundry in unit

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Window Unit Cooling System

Community Details

  • 3 Units
  • Weeksville Subdivision

Listing and Financial Details

  • Legal Lot and Block 0010 / 01348

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,124

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Weeksville
  • Architectural Style: Walk-Up
  • Entry Level: 1
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Fireplace: No
  • Living Area Units: Square Feet
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 3
  • Bathrooms Integer: 3
  • Bedrooms: 8

Exterior Features

  • View: Other
  • View: No
  • Patio/Porch Features: None

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: In Unit
  • Green Building Features: Green Building
  • Cooling: Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Common Interest: None

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Area: 1425.0
  • Lot Size Dimensions: 75.00x19.00

Rental Info

  • Land Lease: No

Building Info

  • New Construction: No
  • Units: 3
  • Total Stories: 3
  • Year Built: 2006

Tax Info

  • Tax Block: 01348
  • Tax Lot: 0010
  • Tax Annual: 8124.0

Multi Family

  • Building Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2023
Closed on
Apr 16, 2024
Sold by
7 Railside Ave Llc
Bought by
1662 Dean Llc
Seller's Agent
Avi Shalem
Brown Harris Stevens Brooklyn LLC
List Price
$1,249,000
Sold Price
$975,000
Premium/Discount to List
-$274,000
-21.94%
Views
102
Current Estimated Value
$1,087,121

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,121
Avg. Annual Appreciation
7.47%
Original Mortgage
$689,500
Outstanding Balance
$679,178
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$407,943

Purchase Details

Closed on
May 18, 2017
Sold by
Codispoti Bruno
Bought by
7 Railside Ave Llc

Purchase Details

Closed on
Mar 27, 2012
Sold by
Bridgewater Cyril
Bought by
Cyril Bridgewater Llc

Purchase Details

Closed on
Jul 7, 2008
Sold by
1662 Dean Street Corp
Bought by
Bridgewater Cyril

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$556,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 7, 2007
Sold by
Moyal Rotem Victor
Bought by
1662 Dean Street Corp

Purchase Details

Closed on
Apr 5, 2007
Sold by
1662 Dean Street Corp
Bought by
Moyal Rotem Victor
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
1662 Dean Llc $975,000 --
1662 Dean Llc $975,000 --
7 Railside Ave Llc $3,774 --
7 Railside Ave Llc $3,774 --
Cyril Bridgewater Llc -- --
Cyril Bridgewater Llc -- --
Bridgewater Cyril $695,000 --
Bridgewater Cyril $695,000 --
1662 Dean Street Corp -- --
1662 Dean Street Corp -- --
Moyal Rotem Victor -- --
Moyal Rotem Victor -- --
Moyal Rotem Victor -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1662 Dean Llc $689,500
Closed 1662 Dean Llc $689,500
Previous Owner Bridgewater Cyril $556,000
Closed Moyal Rotem Victor $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2024 04/26/24 Sold $975,000 -21.9% $385 / Sq Ft
01/11/2024 01/11/24 Pending -- -- --
09/30/2023 09/30/23 For Sale $1,249,000 -- $493 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,737 $71,520 $16,980 $54,540
2024 $8,737 $61,860 $16,980 $44,880
2023 $8,335 $75,900 $16,980 $58,920
2022 $7,986 $76,440 $16,980 $59,460
2021 $8,419 $59,040 $16,980 $42,060
2020 $4,020 $53,160 $16,980 $36,180
2019 $7,584 $50,700 $16,980 $33,720
2018 $6,972 $34,200 $12,652 $21,548
2017 $6,796 $33,336 $9,951 $23,385
2016 $6,664 $33,336 $13,439 $19,897
2015 $3,500 $32,022 $16,758 $15,264
2014 $3,500 $30,210 $17,310 $12,900
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2024

    Avi Shalem

    Brown Harris Stevens Brooklyn LLC

    (917) 836-0974

    1 in this area

    17 Total Sales

    Avi Shalem
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10951992

Real Estate Board of New York (REBNY)

APN: 01348-0010

New York Kings County Brooklyn 11213 Crown Heights

1662 Dean St, Brooklyn, NY

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