The Dean Boerum Condominium

The Dean Boerum Condominium is a condo located 40 Dean Street, in Boerum Hill, Brooklyn. The building was first built in 2002 and is 22 years old. The lot that the building was built on is 100 feet wide and 100 feet long. The official lot area is listed as 7,986 square feet. The building itself is 60 feet wide and 60 feet long. In total, 40 Dean Street has a total floor area of 26,861 square feet. Of that, 24,392 square feet are used for residential purposes. About 2,469 square feet of the building are used for commercial purposes. Additionally, the building has a 1,564 square feet garage. There are a total of 32 units. Of those, 21 are residential units. There are 11 commercial units. 40 Dean Street has a total of 4 floors.

Interested in learning more about the building? Great news, subletting is currently allowed, which makes this a great opportunity for folks who just want a secondary home or make some passive rental income. There are many great amenities and features for residents in the building. For your convenience, laundry is located in the building. If you drive, rest assured! The building has its own garage, which would come in super-handy for parking! Residents who own pets will be happy to hear that the building is pet-friendly. There are 36 closings on record, of which we have matching data for 8 listings. In the past 3 years, a listing in this building will typically remain on the market for about 87 days Meaning, listings tend to sell at a median of $1,200 price per square foot. The transaction that took the longest to complete was unit 2A, listed on Sep 23, 2019 for $1,175,000. This particular unit ultimately sold 363 days later for $932,000. The most recent transaction was for unit G2, which was first advertised on Apr 15, 2021, sold for $1,845,000 on Dec 08, 2021. Fun fact, the oldest transaction we have on record took place on Jul 30, 2002. See the full transaction history for The Dean Boerum Condominium below.

Boerum Hill, where 40 Dean Street is located, has a median asking price of $1,525,000 for condo buildings. Meanwhile, the building itself has a median asking price of $955,000. For interested buyers, that means the building's median asking price is around 0.37% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo buildings in the neighborhood.

Unfortunately, there are currently no active listings within the building but our inventory of available units for sale is constantly updating in real time. Check back frequently for updates.