652 DEAN Street

Fabulous three unit home only minutes away from the Barclays center! This classic three unit brick townhouse built on an extra large lot makes for a wonderful home with rental income or a chance opportunity for an investor. The apartment on the second floor is currently vacant which allows for easy owner occupancy. All three apartments have been newly renovated, and include in unit washer/dryers, and outdoor space. The ground floor unit has access to a large backyard, while the upper two units each have a terrace. Convenient location AND outdoor space make for highly desirable apartments. The building is 20X50. The lot is 20X110. ~6% Cap Rate The current rents are: Apt 1 $3900.00/month Apt 2 $4000.00/month (market rent currently vacant) Apt 3 $4000.00/month The annual income is $142,800.00 The building's annual expenses are: Electric $755.00 Water $1,591.00 RE Taxes of $3,597.00. Located right off the corner of Vanderbilt Avenue, occupants will be just seconds away from Olmstead, Weather Up, Ample Hills, The Vanderbilt, Chuko Ramen, Tin Kettle, R&D Foods and Faun as well as numerous other local shops and restaurants. The Dean playground, which features a large sports field and basketball courts, is only a block away! A project is currently underway to build the Pacific Park development which will feature an 8 acre public park, designed by Thomas Balsey, including several playgrounds, a dog run, basketball and boccie courts, and beautiful green space/garden directly across the street. It is also just a few blocks away from Atlantic terminal and the LIRR making the commute to Manhattan and beyond a breeze! Short to Grand Army Plaza welcomes easy access to the Brooklyn Museum, Brooklyn Public Library, Botanic Gardens, and Prospect Park! There is simply no shortage of activities easily available to anyone who lives in the building.