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Off market
  • $3,264,500

    246 Washington Ave, Brooklyn, NY 11205

    9beds
    5,835sqft
    MultiFamily
    Built in 1905
    -- sqft lot
    $3,264,500 Zestimate®
    $559/sqft
    $5,825 Estimated rent

    What's special

    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 x 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 is currently occupied, but can be delivered with three units 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.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 5
    • Full bathrooms: 5
    Appliances
    • Included: Dishwasher
    Interior area
    • Total interior livable area: 5,835 sqft

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1905

    Community & neighborhood

    Location
    • Region: Brooklyn