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 13,628 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.
Highlights
Two-Building Portfolio Totaling 13,628 SF
Fully Vacant
8-10 Residential Units
Built Out As A School/Shelter
Historically Operated as Children's Shelters
Existing Certificate of Occupancy Supporting Children's Shelter Usež
Four-Story Buildings With Cellars
Residential Rooms on Upper Floors
Existing Offices, Reception, Kitchen, Dining, and Communal Areas
Fully Sprinklered Buildings
Pre-War Construction (1930)
Two 27-FT-Wide Buildings on 2,970 SF Lots
Zoned R6B
Ideal for Educational, Community Facility, Residential, or Institutional Users (Subject to Approvals)
Location Highlights
Prime Prospect Heights Location
Walkable to Prospect Park, Grand Army Plaza, Brooklyn Museum & Brooklyn Botanic Garden
Convenient Access to the 2, 3, B, Q Subway Lines & LIRR at Atlantic Terminal
Situated on Tree-Lined Residential Corridors
Located in One of Brooklyn's Most Established and Highly Desirable Neighborhoods
Close Proximity to Public Transit/Subway & Easy Access to Highways and Bridges
Surrounded by National Retailers & Well-Established Dining Scene Nearby
Walkable Area With Vibrant Street Life & Heavy Vehicle Traffic Area
Map
Location
Located in the Prospect Heights neighborhood of Brooklyn between 6th Ave and Carlton Ave near the Bergen St subway station, a public park, and a large national retailer block.
Nearest Transit: 2, 3, & 4 trains at Bergen St and the B65 bus line.
Nearby tenants include TD Bank, Orangetheory, Doughnut Plant, McDonald's, Whole Foods Market, Marshalls, Atlantic Terminal, Best Buy, Sephora, Van Leeuwen, and more!
Interested in this property?
Get in touch with our team.