Price Reduced 17.40%

Listing courtesy of Douglas Elliman Real Estate


Price History

$5,200,000
7/9/2023

$4,995,000
8/11/2023

$4,750,000
11/3/2023

$4,295,000
3/29/2024


246 Washington Avenue, Brooklyn, (Clinton Hill), NY, 11205

246 Washington Avenue, Brooklyn, (Clinton Hill), NY, 11205

30 rooms

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.


Status:

Active

Town:

Brooklyn

Type:

Multi-family

Zoning:

R6B

Building Type:

Townhouse

Garage:

Yes

Cooling:

Unknown Type

Levels:

5

Amenities:

Garage; Laundry Room;

Building Access:

Walk-up

Service Level:

Voice Intercom

Built Size:

18'7"x83'

OLR #:

RPLU5122569888


Community Info

School Info

Walk Score

Mass Transit

Yelp


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