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RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

 

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.

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  1. Home
  2. New Developments
  3. New York City
  4. Brooklyn
  5. 11225
  6. 345 MONTGOMERY Street #2C
Property thumbnail
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★ Sponsor Unit
✓ No Board Approval Required
Stock Cooperative•Crown Heights

345 MONTGOMERY Street #2C, New York City, NY 11225

Listing Courtesy of Corcoran Group

$450,000

Potential Rebate: $6,750

Stock Cooperative
1 Bed
1 Bath
3 Rooms
750 sqft
Built 1928
6 Stories
600/ft²
Listed on Nov 6, 2025
50 days on market
Book a Tour

Overview

Grab a piece of urban legend in this Breathtaking 1928 Pre-War Hotel. The Dearborn has been rumored to be the away hotel for visiting teams playing the Brooklyn Dodgers for years. As soon as you open the cast-iron doors, you are met with a gorgeous Art-Deco-inspired lobby and a beautiful courtyard maintained as a labor of love by the shareholders. Walking into the actual apartment from the doorway is a blinding experience. It is located on the southwest corner of the building. Your bedroom has south-facing windows perfect for waking up for brunch each weekend. The living room has southern and western exposures that provide sunlight throughout the day.<br> The apartment has been professional painted and the original parquet floors have restored by the current. The bathroom and kitchen can be updated to your bespoke taste to provide your ideal space. Located directly between the President and Sterling Street 2/5 train stations make it quick to get to Barclay's Center/Downtown Brooklyn and Manhattan. Prospect Park, Brooklyn Botanical Garden, and Grand Army Plaza are nearby for enjoyment. The Dearborn is surrounded by several restaurants close to the building. Here are some favorites Cafe Rue Dix on Bedford, Chavela's on Franklin, Allan's Bakery and Camillo on Nostrand. Brand new photos of the actual apartment will be online tomorrow along with staged photos by Monday.<br>

Home Features

  • •Building Courtyard

Estimated Monthly Payment

$3,225 per month

30 year fixed, 6.28% Interest

Principal and Interest
$2,224
Property Taxes
$0
Maintenance/Common Charges
$1,001

Estimated Rebate for this Home

One-time rebate at closing

$6,750

Monthly savings impact

$19/mo

💡 Estimated at 1.5% of purchase price

The rebate is paid to you at closing and can help offset closing costs or other expenses.

Calculator Disclaimer: This calculator provides estimates for informational purposes only. Actual monthly payments, interest rates, taxes, and rebate amounts may vary. The rebate calculation is an estimate and subject to final terms. This information is not provided by the Real Estate Board of New York (REBNY).

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18 Photos
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80 WINTHROP Street #L5, New York City, NY 11225

Listing Courtesy of Douglas Elliman Real Estate

1 Beds
1 Baths
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Built 1927
View Details

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Rebates Up To

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Listings

RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

 

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.

The Real Estate Rebate Team

Listing Courtesy of Corcoran Group

Data Source: TRESTLE #RLS20058698

REBNY Logo

Price Analysis

Compare average listing prices and value metrics for 345 MONTGOMERY Street against the surrounding Crown Heights market.

Based on 2 active units in building vs 64 in area

Average List Price

Building$482.5K
Neighborhood$1.7M

Price Per SqFt

Building Avg$600/ft²
Neighborhood Avg$1,070/ft²
Value Opportunity

43.90% Lower

than the Crown Heights price-per-sq-ft average

Units in this building are listed below the neighborhood average, potentially offering better value per square foot compared to surrounding properties.

Crown Heights

Overview of Crown Heights

Crown Heights is a neighborhood of contrasts and energy. Combining the Caribbean heritage of the West Indian Day Parade with a booming young professional scene, it is one of Brooklyn's most dynamic areas. For buyers seeking Crown Heights Brooklyn real estate, it offers proximity to cultural institutions and spacious pre-war housing.

Living in Crown Heights is vibrant. Franklin Avenue is one of the trendiest dining strips in the borough, while Eastern Parkway offers a grand, tree-lined promenade designed for sunday strolls.

Real Estate & Housing Market

The market for homes for sale in Crown Heights is diverse. To the north, you find grand townhouses and limestone mansions. To the south, large pre-war elevator buildings offer co-ops and rentals.

It is a market that offers value compared to neighboring Prospect Heights, while sharing many of the same amenities.

Lifestyle & Community

The lifestyle in Crown Heights is eclectic. Residents drink cocktails at intricate speakeasies on Franklin Ave, buy spices at Caribbean markets on Nostrand, and visit the Brooklyn Children's Museum.

The community is a unique blend of Afro-Caribbean families, the Chabad-Lubavitch Jewish community, and new residents.

Transportation & Accessibility

Crown Heights has distinct transit advantages. The 2/3/4/5 express trains on Eastern Parkway whisk commuters to Wall Street in 20 minutes.

The A/C trains serve the northern section, providing excellent coverage.

Parks, Schools & Amenities

Brower Park is a local favorite, and the neighborhood borders the Brooklyn Botanic Garden. The Weeksville Heritage Center provides deep historical context to the area.

Amenities are rich: varied dining, proximity to the Brooklyn Museum, and strong community centers.

Who This Neighborhood Is Best For

Crown Heights is best for diversity seekers, commuters (the express trains are unbeatable), and buyers wanting spacious pre-war apartments near Prospect Park.

Crown Heights GuideAll Neighborhoods
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