House of the Day: 1171 Dean Street
This four-story house at 1171 Dean Street in Crown Heights just hit the market with an asking price of $595,000 and the full disclosure that it’s a handy-man special. With plenty of original detail, it definitely has potential. Now here’s the weird thing: This house changed hands for $850,000 two years ago according to Property…
This four-story house at 1171 Dean Street in Crown Heights just hit the market with an asking price of $595,000 and the full disclosure that it’s a handy-man special. With plenty of original detail, it definitely has potential. Now here’s the weird thing: This house changed hands for $850,000 two years ago according to Property Shark! So either someone’s taking a serious bath or there’s some mortgage fraud going on. Regardless, it’ll be interesting to see how a how in this condition in this area will sell in today’s market.
1171 Dean Street [Mark David] GMAP P*Shark
Brownstoner:
Of all the blocks in my 1950s boyhood neighborhood, Crown Heights, this is closest in scale, texture and architectural quality to Chicago’s famed Gold Coast.
Those Queen Anne numbers with shingled gable roofs are knockouts! And around the corner is the Imperial Apartments, recently and terrifically renovated, Brooklyn’s rival in style to the Dakota.
When I visited this block recently, it looked as handsome as I remembered, even though some houses await restoration. A quiet block in an increasingly desirable and expensive neighborhood. And with Landmarks designation, sure to improve.
For everybody? Apparently not. But for the committed long-term buyer (rather than the good-time speculator), not bad at all.
Nostalgic on Park Avenue
Yeah 3.08 I call bullsh*t too. I wouldn’t have known there was anything beautiful around this area… but then I put it on my jogging route and I can tell you, having been there (unlike you I suspect) that there are some really beautiful houses. Some parts of Dean have extraodinary examples of architecture.
…and it felt safe to me. It is a little run down, but it was clearly once a grand area and will be again one day when money and reasources flow back into the area.
Dude’s it Brooklyn, you can get killed anywhere in Brooklyn, no matter the neighorhood
The house I have been waiting for! I will go and see it.
“With the new higher FHA limits, I think a buyer could get a mortgage and a rehab loan.”
Ha!
I’m so glad people who live in the neigborhood know what their talking about… To the young couple looking for a house go check it out…. 4 family house for this price and a brown stone….. Please you can’t go wrong. I have friends who bought in that neighborhood and rennovated the home and the garden the place is a gem the block just got landmarked… I wish I had money to get the home… you can get yr money back with the rental apartment… As a matter of fact I’m going to check it out….
Property Shark lists it as a three-family. There’s no CofO on the NYC buildings site.
I agree with MM — this is a great area and that’s why I’m looking there. I’ve spent many weekends and evenings walking around the area and as safe as I do in Manhattan. As the boarded up houses come to life, it will only get better.
OK, I know, I opened up the “a bit sketchy” comment. What I was trying to point out is that the homes on the block are in transition, not that it was crime ridden.
I think Crown heights is swell….I however prefer southern Crown to northern. Course I’m biased…
Those who downplay the dangers of this neighborhood should really check themselves. Your desire to prop up your own property values could easily get someone killed.
This is a very, very dangerous place and extreme caution should be exercised. If you’re ready for this sort of challenge, then by all means proceed, but know what you’re getting into.