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.
Clinton Hill is an historic, central Brooklyn neighborhood celebrated for diversity.
Its under-the-radar vibe appeals to people looking for a place to live, not a place to party. The tree-lined streets are wide with lots of sky, and magnificent mansions remain from when it was an enclave for the super-rich in the mid-nineteenth century. The rest of the architecture is a mix of wood-frame houses predating the Civil War, carriage houses, brownstones, midrise apartment bui ... read more
Licensed RE Salesperson
(917) 974-0431
Licensed RE Salesperson
dsoltero@brickandmortar.com
(917) 974-0431
Licensed RE Salesperson
(718) 599-0869
Licensed RE Salesperson
sales@brickandmortar.com
(718) 599-0869