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345 Montgomery St APT 4H, Brooklyn, NY, 11225

2beds
1baths
966sqft
$670,000
$694price/sqft
$4,062/moest. monthly cost
$162,480/yrincome needed

About This Home

Welcome to The Dearborn, a distinguished pre-war residence built in 1928. Originally serving as a hotel for the Brooklyn Dodgers during their time at Ebbets Field, this historic building has since been thoughtfully converted into a cooperative. Today, it stands as one of Crown Heights’ most notable addresses, set within one of Brooklyn’s most vibrant and sought-after neighborhoods. This beautifully renovated two-bedroom home is best described as spacious, light-filled, and effortlessly flowing. A thoughtfully designed layout, enhanced by an abundance of windows on multiple exposures, allows natural light to pour in throughout the day. With windows on opposite ends of the residence, both the living spaces and kitchen benefit from exceptional brightness—making even an ordinary sunny day feel extraordinary. The home has been fully renovated from top to bottom, offering a true turnkey experience where nothing remains to be done beyond personalizing the space to your taste. Upon entry, the first bedroom sits to the left, featuring double closets and dual exposures that invite both soft morning light and serene evening ambiance. Continuing through, the full bathroom is appointed with a soaking tub and classic white subway tile, delivering a clean, timeless aesthetic. Adjacent to the bathroom, a full-length closet provides generous storage, ideal for accommodating an extensive wardrobe. The second bedroom is a standout feature—impressively scaled and highly versatile. Positioned beside the living room, it offers the flexibility to function as an expansive primary suite, a secondary lounge, or an extension of the entertaining space. A secondary entrance seamlessly connects this room to the open-concept living and dining area. The kitchen is both functional and visually striking, anchored by an extra-wide butcher-block island that complements the surrounding countertops. Sleek modern cabinetry is paired with a bold accent hue, adding a tasteful pop of color and personality to the space. Throughout the home, thoughtful upgrades include updated lighting, fresh paint, new fixtures, and beautifully refinished hardwood floors. The Dearborn is a pet-friendly elevator cooperative that blends classic Brooklyn charm with modern conveniences. Residents enjoy a well-maintained building with a full suite of amenities, including a full-time live-in superintendent, two porters, laundry facilities, bike storage, rentable private storage, and a dedicated mail room. Ideally located, the building offers excellent access to public transportation, with the 2 and 5 trains just two blocks away at Sterling Street, the B44 bus along Nostrand Avenue, and the Q train at Prospect Park within a short distance. Bordering Prospect Lefferts Gardens and moments from Franklin Avenue’s renowned restaurant row, the neighborhood offers an exciting mix of dining, shopping, and cultural destinations. Monthly maintenance includes all utilities except cooking gas, adding to the ease of ownership. Experience the perfect balance of space, style, and location—this move-in ready residence is a rare opportunity to own within a well-kept and historically rich building.

Getting Around

92
WalkingWalker's Paradise
0
TransitVery Limited Transit
81
BikeVery Bikeable

Schools

5/10
Ps 161 The CrownGrades PK-50.2 mi
5/10
Ms 61 Gladstone H AtwellGrades 6-80.3 mi

Construction

Condition

  • Year built: 1928

Type & Style

  • Home type: Cooperative
  • Property subType: Coop

Interior

Appliances

  • Appliances included: Dishwasher
  • Laundry features: Inside

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Flooring: Hardwood

Interior Area

  • Total structure area: 966
  • Total interior livable area: 966 sqft

Property

Details

  • Parcel number: 01296006430341704H
  • Special condition: Resale

Features

  • Patio & porch: Other
  • Exterior features: Garden
  • Has view: Yes
  • View description: Skyline

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveRelatively High
  • Cold Wave
    Cold WaveModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Cold Wave
Strong Wind
Winter Weather
Tsunami

FEMA Declared Disasters in Kings County and New York

Flood
Severe Storm
Snowstorm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,387$40,644
Home Insurance *$117$1,404
Property Taxes $312$3,744
Electricity $246$2,954
Total$4,062$48,744
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$139,268/yr
40% on housing$121,860/yr
45% on housing$108,320/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 4.2%
4.2%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$694This listing

vs Other Active Listings

Avg $/sqft

ZIP 11225$693
Kings County$697

vs Homes Sold Last Month

Median $/sqft

ZIP 11225$852
Kings County$623

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-06Listed for sale$670,000
2006-10-03Sold$175,000

For Sale by Agent

AgentWilford Nelson
BrokerageCorcoran

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