A 1905 Crown Heights Building Becomes 17 Condos at 1151 Dean Street

1151 Dean Street is a 1905 building in Crown Heights being converted from rentals into 17 condos, a few blocks from the A and C at Nostrand Avenue. The sponsor is 1151-1155 Dean LLC. The building hasn't rented any units publicly since 2020, and looking at the past listings, many of the apartments were three-bedroom, one-bath layouts.

Where Things Stand

The offering plan for 1151 Dean Street was submitted to the New York State Attorney General on February 19, 2026, and is awaiting acceptance. No homes are for sale yet, there is no public pricing, and reservations can't be taken. Across the 54 Brooklyn projects I've tracked from filing to acceptance since 2023, most were accepted 5 to 9 months after filing (about 7 and a half months on average), which put acceptance between roughly July and November 2026. At about eight and a half months, this one is near the end of that range, so acceptance could come at any point. Join my early access list below and you'll hear about pricing and launch timing before it reaches StreetEasy.

What We Know So Far

  • 17 residences in a 1905 building, converted from rentals to condos

  • About 16,900 square feet of residential space per Marketproof, roughly 1,000 square feet per home on average

  • Likely mix: past rental listings show many three-bedroom, one-bath apartments. The final mix comes with the accepted plan.

  • A J-51 tax abatement runs through 2037, which can lower monthly costs for early buyers

  • Offering plan filed February 19, 2026

  • What's next: Attorney General review typically takes several months, and pricing becomes public at acceptance.

Buying in a New Development?

New construction works differently than a resale: offering plans, sponsor contracts, closing costs and timelines all have their own rules.

Read my guide to buying a new development condo →

A Closer Look at the Building

1151 Dean Street is a conversion, so the 1905 building is being reworked into condos rather than built from the ground up. It's a walk-up. Because these were rentals before, I'd expect pricing to be a bit more accessible than some of the brand-new buildings nearby: less work is required to renovate, so a lower price can still work for the sponsor. Finishes, outdoor space and the final unit mix aren't public yet and will come with the accepted plan.

Crown Heights Highlights

Crown Heights is dense with cultural anchors and architecturally rich, with some of the best subway access in the borough. The cafes and shops along Nostrand and Franklin Avenues are close, and Eastern Parkway leads to the Brooklyn Museum and the Brooklyn Botanic Garden.

  • The A and C at Nostrand Avenue, about a 5-minute walk

  • The Franklin Avenue Shuttle at Franklin Avenue and Fulton Street, about 7 minutes

  • The 3 and 4 at Nostrand Avenue, about 10 minutes, and the 2, 3, 4 and 5 at Franklin Avenue, about 11 minutes

  • Brower Park and the Brooklyn Children's Museum, a short walk away

Katie's Take

I track every new development filing in Brooklyn, and here's how this one compares: at 17 homes it's one of the larger condo projects in Crown Heights, where most new buildings have 4 to 10 units. The conversions here have priced below the ground-up buildings so far, with 811 Classon Avenue asking under $1,000 a square foot while 701 Prospect Place is near $1,400. If 1151 Dean follows that pattern, it could be one of the more accessible ways into a three-bedroom condo in the neighborhood, so it's worth following if you want space without paying new-construction prices.

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Two of Seven Condos Left at 598 Sterling Place in Crown Heights

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105 Underhill Avenue: 21 likely condos rising from a Prospect Heights garage