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Investment Highlights
- Vacant
- Fully Sprinkled
- 353 Bergen St - Landmarked
- School/Shelter
- Four-Story Buildings with Cellars
Executive Summary
13,500 SF Prospect Heights Vacant Specialty / Institutional / Community Facility Properties For Sale
EXECUTIVE SUMMARY
535 Bergen Street and 525 Dean Street offer a rare development opportunity in the heart of Prospect Heights: two fully vacant, four-story buildings totaling approximately 13,628square feet, each well suited to conversion into a luxury single-family townhome or a boutique luxury condominium, subject to necessary approvals. Historically operated as children’s shelters, both buildings retain an existing Certificate of Occupancy and offer turnkey, fully built-out envelopes, residential rooms on the upper floors and offices, reception areas, commercial kitchens, dining rooms, and communal space on the lower floors, in one of Brooklyn’s most supply?constrained neighborhoods. Buyers also retain the option of continued community facility, educational, or institutional use, subject to necessary approvals.
EXECUTIVE SUMMARY
535 Bergen Street and 525 Dean Street offer a rare development opportunity in the heart of Prospect Heights: two fully vacant, four-story buildings totaling approximately 13,628square feet, each well suited to conversion into a luxury single-family townhome or a boutique luxury condominium, subject to necessary approvals. Historically operated as children’s shelters, both buildings retain an existing Certificate of Occupancy and offer turnkey, fully built-out envelopes, residential rooms on the upper floors and offices, reception areas, commercial kitchens, dining rooms, and communal space on the lower floors, in one of Brooklyn’s most supply?constrained neighborhoods. Buyers also retain the option of continued community facility, educational, or institutional use, subject to necessary approvals.
Property Facts
| Sale Type | Investment | Individually For Sale | 0 |
| Status | Active | Total Building Size | 21,548 SF |
| Number of Properties | 2 | Total Land Area | 0.38 AC |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 21,548 SF |
| Total Land Area | 0.38 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 525 Dean St, Brooklyn, NY 11217 | Multifamily | 15,000 SF | 1930 | - |
| 535 Bergen St, Brooklyn, NY 11217 | Specialty | 6,548 SF | 1930 | - |
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535 Bergen St & 525 Dean St
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