Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $505,000

· Closed August 18, 2021

345 Montgomery Street #1P
Closed For Sale Co-op

$505,000

$552 per sq ft

345 Montgomery Street #1P

Crown Heights, Brooklyn

MLS® #RLS10736898

RLS at REBNY

Listing by Remax Edge

2

Bedrooms

1

Bath

915

Sq. Ft.

1928

Year Built

Quick Summary

Bedrooms 2
Bathrooms 1
Living Area 915 sq ft
Year Built 1928
Ownership Co-op
Maintenance $903/mo
Neighborhood Crown Heights
Floor 1

Property Highlights

  • Style: Prewar architecture
  • Character: Pre-war building (1928)

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 4
Baths 1 Full
Floor 1
Pets Yes
Cross Street Rogers Avenue/Nostrand Avenue
Year Built 1928
Living Area 915 sq ft
Architectural Style Prewar
Parcel # 01296-0064-00345-000-000001P

Listing History

Event Date Price Change
Listed Aug 12, 2021 $505,000 -
Currently May 18, 2026 $505,000 -

Description

Come home to this large two-bedroom located in the iconic former Dearborn Hotel in Crown Heights; a pre-war co-op building built in 1928 that originally served as a hotel for the Brooklyn Dodgers. Large Formal Living Room and 2 Bedrooms along with an Eat-In Kitchen, Foyer and a Full Bathroom. Lots of closet space as well. New Refrigerator and Stove and original Hardwood Floors. Maintenance fee includes Heat, Hot Water & Electricity! The building allows up to 90% financing and subletting is allowed after 3 years of occupancy. It is a pet-friendly coop with a live-in super, Courtyard, Voice Intercom, Laundry Room, Bike Room, and Storage. The Dearborn is a historic treasure with much of its original detailing showcased throughout, including cast iron doors and intricately carved ceilings in the lobby. Close to public transportation with the B43, B44, B49 Buses and the 2, 3, 4, and 5 Trains. School District 17 with Success Academy Crown Heights, Public School 161, Public School 241, Workshop Middle School, International High School at Prospect Heights, PS 397 Elementary School and Public School 403 nearby. Within close proximity to Rogers Ave, Nostrand Ave, Brooklyn Botanical and Prospect Park with tons of shopping and dining options! Present All Offers!





Features & Amenities

Interior Features

Common Area

Financial Details

Maintenance $903/mo
Sale Price $505,000

Crown Heights is a dynamic and architecturally rich neighborhood in central Brooklyn. Famous for its grand boulevards and impressive collection of pre-war apartment buildings and brownstones, the area offers a sense of scale and history. Residents enjoy proximity to the Brooklyn Museum, the Botanic Garden, and a active restaurant scene along Franklin and Nostrand Avenues, making it a popular choice for those seeking space and culture.

Crown Heights Live Market Data

View Neighborhood

Active Listings

91

Median Asking Price

$1.57M

Median $/Sqft

$1,001

Avg Days on Market

N/A

New This Week

6

Price Reduced

23%

Sold (30 Days)

2

Median Sale Price

$1.31M

Live data from RLS at REBNY • Updated 5/18/26, 3:36 PM EST

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Location

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345 Montgomery Street #1P, Crown Heights, Kings County • Near Rogers Avenue/Nostrand Avenue

Building Information

Official NYC property records for this building

1928
Year Built
98 years old
6
Floors
102
Residential Units
R7-1
Zoning District
Elevator Apartments

Tax & Assessment

Assessed Value: $3,964,050
Land Value: $373,950
Exemptions: $44,968

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 23,756 SF
Building Area: 105,675 SF
Built FAR: 4.45
Allowed FAR: 3.44

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed monthly maintenance are $903 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 2 bedrooms and 1 full bathroom.

The listed interior living area is 915 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1928, making it approximately 98 years old.

This listing is a co-op (stock cooperative). Buyers purchase shares in a corporation rather than real property, and the board must approve all sales.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $505,000 for 915 sq ft, the asking price per square foot is approximately $552. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS10736898
First Listed: 8/12/2021
Price Changed: 8/12/2021
Closed: 8/18/2021
Contract Date: 8/12/2021

Listing Courtesy of Remax Edge - Ruslan Mingazov

Listing Contact: (718) 313-0214

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/18/2026 at 7:36 PM UTC

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