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In our opinion, the no-man’s land south of Atlantic Avenue on western edge of Crown Heights is the most interesting, untapped area of Brownstone Brooklyn. There are some vast empty lots and a bunch of big ole commercial buildings just waiting to be turned into lofts. That’s why this new listing at Massey Knakal grabbed our attention: 140,000 square feet of warehouse space at 1000 Dean Street for $14,000,000. You don’t have to be a mathematician to figure out that the asking price comes out to $100 a foot. Ah, if we only had the $5 million or so that will be required for a downpayment! GMAP


What's Your Take? Leave a Comment

  1. I’d actually rather live in Gowanus. Steps-from-a-methadone-clinic doesn’t appeal to me. Though other parts of “Prospect Heights Adjacent” are very attractive.

    Sadly, both areas (Gowanus and “Prospect Heights Adjacent”) are still overvalued in my opinion.

    More right-sizing please.

  2. Foodster, By NYC standards, Gowanus is miles from here and certainly isn’t “steps” away! There’s also the entire AY footprint in between this site and the canal.

  3. Dean Street between Classon and Franklin Avenues is a little more than a mile and a half away, as the crow flies, from the Gowanus Canal.

  4. Folks, don’t forget it is steps from a one of the largest superfund sites in the country!

    http://www.epa.gov/region02/superfund/npl/gowanus/

    The Gowanus Canal, in Brooklyn, New York, is bounded by several communities including Park Slope, Cobble Hill, Carroll Gardens and Red Hook. The canal empties into New York Harbor. Completed in 1869, the Gowanus Canal was once a major transportation route for the then separate cities of Brooklyn and New York City. Manufactured gas plants, mills, tanneries, and chemical plants are among the many facilities that operated along the canal.

    As a result of years of discharges, storm water runoff, sewer outflows and industrial pollutants, the Gowanus Canal has become one of the nation’s most extensively contaminated water bodies. Contaminants include PCBs, coal tar wastes, heavy metals and volatile organics. The contamination poses a threat to the nearby residents who use the canal for fishing and recreation.

    On March 2, 2010, EPA added the Gowanus Canal to the Agency’s Superfund National Priorities List (NPL). Placing the Gownaus Canal on the list allows the Agency to further investigate contamination at the site and develop an approach to address the contamination.

  5. Zoning is indeed tricky in this area. I’m pretty certain these blocks btw Atlantic and Bergen (east of Grand) are all M1 which means no residential development.

  6. Looks like this is zoned industrial which may make conversion complicated. A lot of buildings in Bushwick have been converted to “Artist Lofts” which are not technically legal as residences but they have bathrooms and partial (no stove) kitchens.

  7. Yeah. It would be great to live in a loft there.

    It has great neighborhood services.

    Like the methadone clinic right next door and the one around the corner.