Active

246 Washington Avenue

Brooklyn NY, 11205

$4,295,000


$736.08 per sqft

Active

9 Beds

5 Baths

5,835 sqft

Town House

Built in 1905

Introducing 246 Washington Avenue, a late-nineteenth century fully free market 5 unit neo-grec multifamily brownstone in historic Clinton Hill, located on a serene tree lined block, between Dekalb & Willoughby Avenue. This extraordinary property is situated on an oversized 18.75 200 ft lot, has a garage, and consists of 5 apartments across 5 floors, each with unique floor-through layouts, two of which have private outdoor spaces. 246 Washington offers steady cashflow with a value-add opportunity, is superbly maintained, with untapped potential in upside rents through minor improvements, and has a protected tax-class. Current rent roll is below market. This is perfect for an end-user or investor with 1031 needs. The property can potentially be delivered vacant. Building dimensions: 18.75 ft x 75.83 ft, lot size: 18.75 ft x 200 ft, R6B zoning, and 2,737 sq ft of unused FAR. Only a short jaunt from Pratt Institute, as well as transportation such as the G train at Clinton- Washington Avs or the C train at Lafayette Av. Local favorites include Fort Greene Park, Whole Foods, Olea, Evelina, Soco, Osteria Brooklyn, Peaches Grand, and everything else that fabulous Clinton Hill & Fort Greene offers.

RPLU-5122569888

MLS ID

July 9, 2023

Listed

March 30, 2024

Updated

Map

246 Washington Avenue
Brooklyn NY, 11205

Interior Features

Total Stories

5


Bedrooms

9 Beds


Bathrooms

5 Baths


Laundry Description

In Unit


Fireplace

Yes


Fireplace Description

Decorative


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.09 Acres

Other Property Details

Taxes

$21,540


Tax Frequency

Annually


Garage

Yes


Garage Spaces

4


Parking

Assigned, Garage


View

No


View Description

Other


County

Kings


Pool

No


Zoning

RB6


Buyer Agency Compensation

2%

Listing History

Date

Event

Price

3/29/2024

Price Change

$4,295,000

-10%

11/3/2023

Price Change

$4,750,000

-5%

8/11/2023

Price Change

$4,995,000

-4%

Courtesy of Douglas Elliman Real Estate with Jerry Minsky, Jason Abrishami
Listing Contact: (917) 301-1604 

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market.

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Data last updated 12:38 PM UTC, 3/30/2024

 

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