540 Bainbridge St & 1076 Dean St
- Two fully renovated, free-market multifamily buildings in Ocean Hill and Crown Heights.
- 540 Bainbridge St: 6 residential units, 5,585 SF, three stories, Tax Class 2A.
- 1076 Dean St: 8 residential units, 3,360 SF, three stories, Tax Class 2B.
- Both properties are permanently exempt from rent stabilization.
- DHCR and floor plans available upon request.
- Located near multiple subway lines: Chauncey St [J, Z], Halsey St [J], and A/C lines.
- Strong tenant appeal with excellent access to public transportation.
Property Description
Asset CRG Advisors has been exclusively retained to market 540 Bainbridge Street and 1076 Dean Street, two fully renovated, free-market multifamily buildings located in the Ocean Hill and Crown Heights neighborhoods of Brooklyn. 540 Bainbridge Street is a 5,585 SF, three-story building consisting of six residential units: one 4-bedroom, 1.5-bath unit, one 3-bedroom, 1.5-bath unit, and four 3-bedroom, 2-bath units. 1076 Dean Street is a 3,360 SF, three-story building featuring eight one-bedroom, one-bathroom units. Both buildings are permanently exempt from rent stabilization, offering investors flexibility in rental pricing and management. DHCR documentation and floor plans are available upon request. Ideally located in two of Brooklyn’s most dynamic neighborhoods, the properties benefit from continued area development and strong rental demand. With access to multiple subway lines—including the J, Z, A, and C trains—tenants enjoy convenient transportation options to Manhattan and throughout Brooklyn, further enhancing the appeal of these assets as prime investment opportunities.
Key Property Information
| Listing Status: | Unavailable |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $5,499,999 |
| No. of Units: | 6 |
| Year Built: | 1907 |
| Lot Size: | 0.11 Acres |
| Opportunity Zone: | No |
| Price per unit: | $916,667 |
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