House of the Day: 1372 Dean Street
We’re loving the looks of this brick three-story house at 1372 Dean Street in the Crown Heights North Historic District. From the outside, that is. Who could resist that rounded tower? The inside, however, is looking a little worse for the wear and makes the asking price of $1,250,000 little more than a pipe dream…
We’re loving the looks of this brick three-story house at 1372 Dean Street in the Crown Heights North Historic District. From the outside, that is. Who could resist that rounded tower? The inside, however, is looking a little worse for the wear and makes the asking price of $1,250,000 little more than a pipe dream in this market, in our opinion. What’s more, this place is chopped up into a five units, which presents its own set of potential drawbacks. (Three of the apartments are currently rented.) On the positive side, there’s a driveway with room for two cars. We just don’t see how a place like this is going to clear a million bucks in this environment.
1372 Dean Street [Century 21] GMAP P*Shark
BTW…thanks to all for the investing info.
And I’m long term and cautious…work too hard for my $$…make that only one $.
Dean Street does some have amazing buildings but the problem is you can literally walk just go one block off of it and it changes for the worse dramatically. I wouldn’t worry too much about the “secret” getting out. Most people won’t want to live there and I see limited upside potential with those huge apartment buildings being so close to Dean.
Dave and all, 1265 Dean is still on the market, they had another open house this last Sunday. I personally think it needs to go down under a million, but whoever buys it will have a really beautiful house on a really beautiful block.
Historically speaking, much of CHN was built as a wealthy suburban enclave. The village of Bedford, and by extension, Bedford Corners, roughly at Bedford and Fulton Street, on up to where the Armory is now, at Bedford/Atlantic, was a stagecoach and freight transportation hub, centrally located between Manhattan and the communities of Long Island. The building of the Bklyn Bridge in 1883, and the Kings County Elevated Railway in 1888 brought wealthy and upper middle class residents to the area. Many of Brooklyn’s finest architects and builders built some of their best work here, men like Montrose Morris, Amzi Hill,JC Cady, George B. Chappell and Axel Hedman.
By the end of the 19th Century, many of the huge estates that lined St. Marks Ave had been replaced by upscale apartment buildings, and all of the streets had been filled in with elegant brownstones and limestones, and later, large full scale apt buildings, for the upper middle class residents of the area. A walk down most Crown Heights blocks will still show the many freestanding mansions and fine homes that are still here.
Like most neighborhoods, it’s risen, fallen, and is rising again. I’m glad to be here in its renaissance.
Amz Hill…Shhhhh! Don’t say gentrication too loud, they might hear. I hope to buy there before that happens.
Architecturally, the area is prime!!
Wow it really seems like Dean Street was built for the elite of turn of the century Brooklyn. The architecture of Northern Crown Heights is really something special. I am really surprised that this area of Brooklyn did not gentrify years ago. In any other city on the east cost this area would have would been overrun by yuppies by now like Camden Yards in Baltimore, Adams Morgan Washington DC or Brooklyn Hts…
Found the 1265 Dean St. Brownstoner link – was an Open House Pick. Not sure if it was ever the HOTD.
http://bstoner.wpengine.com/brownstoner/archives/2008/06/open_house_pick_191.php
Wasder – excellent point.
Hey What–when you had this listing (as you say in an earlier comment) what did you offer it at? Better not be anywhere close to this price or you will have been a part of the creation of the mutant bubble.
Brooklynnative, you’re absolutely right. I recognized it right away, but cannot seem to find what it was originally listed at.