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January 29, 2007

Condos of the Day: 1296 Dean Street

1296deanfront0107.jpg1296deanlr0107.jpg1296deanbath0107.jpg
There's not a lot of new construction going on in Crown Heights North these days (please let us know about any projects you do know of), but there are some brownstone conversions for condo hunters to look at. There's a new five-unit conversion in the beautiful five-story limestone house at 1296 Dean Street. Except for the fact that there are no preserved interior details (and, who knows, there may not have been any left to preserve), it looks like the developer did an okay job on the conversion. Nuthin' special, but nothing stupid either. The one- and two-bedrooms range in price from $450,000 to $550,000, which means the owner's looking to gross about $2.5 million, a solid million bucks more than the house would command on its own as a one- or two-family. Expect to see more of these. Anyone make it to the open house yesterday?
1296 Dean Street [Taj Properties] GMAP P*Shark
New Condo Development [Craigslist]




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Comments

I went to the open house. The limestone is a beautiful building. Apartments were pretty big two bedrooms. Neighborhood seems nice and quiet. Only drawbacks are the distance from the trains and small kitchens.

Posted by: Mr. Renovation at January 29, 2007 11:37 AM

I'm curious to see if the developer gets his price. It looks like a great building and a great block but the ppsf seems a little high for that area. Then again, it's hard to find any 2BRs in that price range so they may go quickly. Time will tell.

Posted by: Anonymous at January 29, 2007 11:43 AM

I've seen these listed for a while now. The price is pretty over the top, especially when you can still get a 2 br overlooking Eastern Parkway for under $400k.

Posted by: ImNotYourDaddy at January 29, 2007 12:06 PM

Only 1 full bath. I don't think so.

Posted by: Anonymous at January 29, 2007 12:21 PM

There is currently a gut-rehab of a 4 floor beautiful red brick and brownstone on Pacific bet Nostrand and Bedford.

Posted by: Anonymous at January 29, 2007 12:23 PM

What constitutes an acceptable walk to the subway is subjective. It's less than ten minutes from this house to the A train at Fulton and Nostrand. It could be a drawback for some, but for myself, I wouldn't see it as a problem.

Posted by: Hal at January 29, 2007 12:31 PM

where are the two bedrooms overlooking Eastern Parkway for under 400k?

Posted by: Anonymous at January 29, 2007 1:18 PM

Here's one for $449k. I looked at another place in the same building last week with friends..... but of course I flaked on the realtor. I'll try to find the link and post it later.

http://www.brownharrisstevens.com/detail.aspx?id=514356

Posted by: ImNotYourDaddy at January 29, 2007 2:20 PM

Totally randomn, but I was wondering if anyone could recommend a good coop accountant. I have been recently elected vice president of my coop board, and I am currently unsatisfied with the financials. As a result, I have taken it upon myself to find a better alternative. Any help you can give would be greatly appreciated.

Posted by: CoopAccounantSearch at January 29, 2007 4:35 PM

Beautiful, quiet block. One of very few 5 story homes in the area. Total gut job, which they have been working on for years. I wish I could have seen the house before they gutted it. It must have been a beauty.

Hard to believe they expect to sell anything with one picture of a marble wall in a bathroom? Wha?? That's supposed to bring people out into the cold to see an open house?

If the subway was closer, someone would be complaining it was too close and rumbling underfoot. As Hal said, it's not even a ten minute walk to the A at Fulton/Nostrand. That's not bad at all.

Posted by: Crown Heights Proud at January 30, 2007 12:40 AM

It is a very beautiful block, but I think you can do a bit better for the money. Four room/750 sq ft/EIKs in my 40 unit building cost less than this, have lower maintenance, and my neighborhood has more amenities and just as quick a commute. (And btw, it takes more than 15 min ride to get to Midtown from Nostrand Ave, as is claimed in the craiglist listing.)

Posted by: Anonymous at January 30, 2007 2:42 AM

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