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345 Montgomery Street 3PBrooklyn, NY 11225

For Sale

$639,000

Smart Buyer Rebate $3,475

The Jewel of Crown Heights
Sensationally spacious describes this two-bedroom, one-bath beauty located in the historic former Dearborn Hotel-long celebrated as The Jewel of Crown Heights. Spanning over 1,000 sqft and perched on the third floor with southeast exposures, the apartment is brilliantly drenched with natural light throughout the day.
A gracious foyer, currently being used as a home office, welcomes you into the airy, two-windowed living room with original hardwood floors. The adjacent windowed kitchen features rich wood cabinetry, butcher block counters, tiled backsplash, and stainless-steel appliances including a dishwasher. Just off the kitchen, two grand bedrooms await. The expansive primary bedroom is a true retreat with three oversized windows, custom built-in bookshelves, new ceiling fan, and an extra-large closet. The palatial second bedroom offers versatility as a guest room, nursery, or home office.
The recently updated bathroom boasts chic tilework, a deep soaking tub, and stylish new lighting. Freshly painted walls, new fixtures, and refinished hardwood floors complete this perfect picture.
The Dearborn is a historic, pet-friendly elevator co-op that blends classic Brooklyn character with modern comforts. Amenities include a full-time live-in super, two porters, laundry facilities, bike storage, and rentable private storage. A landscaped courtyard offers a peaceful escape, while the lobby's cast iron doors and carved ceilings recall its storied past as a former hotel for the Brooklyn Dodgers.
Monthly maintenance is exceptionally low and includes heat, hot water, and electricity. With a liberal sublet policy-rentals permitted after three years of ownership for up to seven years-the building provides uncommon flexibility.
All of this in a prime location: just blocks from the 2/3/5 and B/Q trains, Prospect Park, the Zoo, and the Brooklyn Botanic Garden. On nearby Franklin Avenue, enjoy a vibrant mix of cafés, restaurants, and nightlife that make this neighborhood one of Brooklyn's most exciting places to call home. There is a building assessment of $116 per month for Apartment 3P thru 3/1/27 .The Jewel of Crown Heights is calling you home!

Listed by Laura Hess

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Corcoran Group

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(808) 554-5083

Listed by Alex Inskeep

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Corcoran Group

Last updated October 19, 2025

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Source: REBNY #RLS20053721

Listing Facts

  • TypeCo-op
  • NeighborhoodCrown Heights
  • Bedrooms2
  • Bathrooms1
  • Days on Prevu13
  • HOA/Maint. Fees$1,471/month

Amenities

  • Private Outdoor Space
  • Pets Allowed

Location

Mortgage Calculator

Listing History

10/09/2025
Listed by Corcoran Group
$639,000

Estimated Closing Costs

Total
$9,500
Attorney Fees
$4,000
Bank Attorney
$1,500
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $639,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.

Property Details for 345 Montgomery Street 3P

Association

Amenities

  • Pets Allowed: Building Yes, Yes

Fees

  • Association Fee: $1,471.00 Monthly

Financial

  • Flip Tax: 1.5%
  • Flip Tax Remarks: Sales Price

Exterior

Construction

  • Number Of Units Total: 102
  • Stories Total: 6
  • Structure Type: High Rise
  • Year Built: 1928

Features

  • Building Features: Elevator(s), Storage
  • View: City

Financial

Taxes

  • Parcel Number: 01296-0064-00345-000-000003P

Interior

Features

  • Interior Features: Dining Area

Measurements

  • Living Area Units: SquareFeet

Rooms

  • Has Basement: Yes
  • Bathrooms Full: 1
  • Bathrooms Total Integer: 1
  • Bedrooms Total: 2
  • Rooms Total: 5

Other

Location

  • City Region: Brooklyn
  • Subdivision Name: Crown Heights
  • Tax Block: 01296
  • Tax Lot: 0064

Based on information from Real Estate Board of New York and/or other sources. 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.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.