Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $447,500

· Closed August 5, 2024

Closed For Sale Co-op

$447,500

$597 per sq ft

345 Montgomery Street #3C

Crown Heights, Brooklyn

MLS® #RLS10962867

RLS at REBNY

Listing by Compass

1

Bedroom

1

Bath

750

Sq. Ft.

1928

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 750 sq ft
Year Built 1928
Ownership Co-op
Maintenance $895/mo
Neighborhood Crown Heights
Floor 3 of 6

Property Highlights

  • Character: Pre-war building (1928)

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 3
Baths 1 Full
Floor 3 of 6
Pets Yes, CatsOk, DogsOk
Year Built 1928
Living Area 750 sq ft
Structure Type HighRise,MultiFamily
Furnished Unfurnished
Parcel # 01296-0064-00345-000-000003C
Block/Lot 01296/0064

Listing History

Event Date Price Change
Listed Apr 1, 2024 $475,000 -
Currently May 8, 2026 $447,500 -5.8%

Description

Grab a piece of urban legend in this Breathtaking 1928 Pre-War Hotel. The Dearborn has been rumored to be the away hotel for visiting teams playing the Brooklyn Dodgers for years. As soon as you open the cast-iron doors, you are met with a gorgeous Art-Deco-inspired lobby and a beautiful courtyard maintained as a labor of love by the shareholders. Walking into the actual apartment from the doorway is a blinding experience. It is located on the southwest corner of the building. Your bedroom has south-facing windows perfect for waking up for brunch each weekend. The living room has southern and western exposures that provide sunlight throughout the day. The apartment needs to be restored by the new owner. Underneath, the carpet are the original parquet floors that need some love and attention. The bathroom and kitchen can be updated to your bespoke taste. Located directly between the President and Sterling Street 2/5 train stations make it quick to get to Barclay’s Center/Downtown Brooklyn and Manhattan. Prospect Park, Brooklyn Botanical Garden, and Grand Army Plaza are nearby for enjoyment. The Dearborn is surrounded by several restaurants close to the building. Here are some favorites Cafe Rue Dix on Bedford, Chavela’s on Franklin, Allan’s Bakery on Nostrand, and Glou on Rogers. This apartment will not last.

Features & Amenities

Interior Features

Common On Floor Common Area

Building Information

Building Data View Compliance & Permits
Total Units 102
Stories 6
Structure HighRise,MultiFamily

Financial Details

Maintenance $895/mo
Original Price $475,000
Sale Price $447,500
Previous Price $475,000

Crown Heights is a dynamic and architecturally rich neighborhood in central Brooklyn. Famous for its grand boulevards and impressive collection of pre-war apartment buildings and brownstones, the area offers a sense of scale and history. Residents enjoy proximity to the Brooklyn Museum, the Botanic Garden, and a active restaurant scene along Franklin and Nostrand Avenues, making it a popular choice for those seeking space and culture.

Crown Heights Live Market Data

View Neighborhood

Active Listings

93

Median Asking Price

$1.50M

Median $/Sqft

$1,036

Avg Days on Market

N/A

New This Week

4

Price Reduced

23%

Sold (30 Days)

14

Median Sale Price

$1.35M

Live data from RLS at REBNY • Updated 5/8/26, 1:15 AM EST

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Location

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345 Montgomery Street #3C, Crown Heights, Kings County

Virtual Tour

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1928
Year Built
98 years old
6
Floors
102
Residential Units
R7-1
Zoning District
Elevator Apartments

Tax & Assessment

Assessed Value: $3,964,050
Land Value: $373,950
Exemptions: $44,968

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 23,756 SF
Building Area: 105,675 SF
Built FAR: 4.45
Allowed FAR: 3.44

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed monthly maintenance are $895 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $0, or roughly $0 per month. Verify the current assessment with your attorney before closing.

This property has 1 bedroom and 1 full bathroom.

The listed interior living area is 750 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1928, making it approximately 98 years old.

This listing is a co-op (stock cooperative). Buyers purchase shares in a corporation rather than real property, and the board must approve all sales.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $447,500 for 750 sq ft, the asking price per square foot is approximately $597. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS10962867
First Listed: 4/1/2024
On Market: 4/1/2024
Price Changed: 8/7/2024
Closed: 8/5/2024
Contract Date: 4/1/2024

Listing Courtesy of Compass - Hakim Edwards

Listing Contact: (347) 489-2247

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/8/2026 at 5:15 AM UTC

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