535 Bergen Street & 525 Dean Street
Special Purpose | 13,628 SqFt
Marketing description
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 13,628 square 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.
Ideally situated in the heart of Prospect Heights, 535 Bergen Street & 525 Dean Street benefits from a prime location along tree-lined residential streets in one of Brooklyn's most established and sought-after neighborhoods. The properties are within walking distance of Prospect Park, Grand Army Plaza, the Brooklyn Museum, and the Brooklyn Botanic Garden, while offering convenient access to the 2, 3, B, D, N, Q, and R subway lines as well as the LIRR at Atlantic Terminal. Surrounded by national retailers, an established dining scene, and vibrant neighborhood amenities, the area enjoys strong pedestrian activity, steady vehicle traffic, and easy access to major highways and bridges.
Investment highlights
- Fully vacant, four-story buildings totaling approximately 13,628 square feet
- Two 27-FT wide buildings with cellars
- Each building 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
- Turnkey, fully built-out envelopes with residential rooms on the upper floors and offices, reception areas, commercial kitchens, dining rooms, and communal space on the lower floors
- Option of continued community facility, educational, or institutional use, subject to necessary approvals
- Located in one of Brooklyn's most supply-constrained neighborhoods
- Prime location in Prospect Heights along tree-lined residential streets
- Within walking distance of Prospect Park, Grand Army Plaza, the Brooklyn Museum, and the Brooklyn Botanic Garden
- Convenient access to 2, 3, B, D, N, Q, and R subway lines as well as LIRR at Atlantic Terminal
- Surrounded by national retailers, established dining scene, and vibrant neighborhood amenities
- 535 Bergen Street is landmarked
- Fully sprinklered buildings
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