246 Washington Avenue New York City, NY 11205
Listing Courtesy of: REBNY / Douglas Elliman Real Estate

  246 Washington Avenue New York City, NY 11205

Active (305 Days)
$4,295,000
9
BED
5
BATH
4,750
SQFT

Description

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.

MLS #:
RPLU-5122569888
Taxes
$21,540
Lot Size
3750 acres
Type
Townhouse
Year Built
1905
County
Kings County
Community
Clinton Hill

Listed By

Jerry Minsky, Douglas Elliman Real Estate
Source
REBNY
Last checked May 9 2024 at 8:41 AM GMT+0000
Bathroom Details
  • Full Bathrooms: 5
Interior Features
  • Laundry: In Unit
Subdivision
  • Clinton Hill
Property Features
  • Fireplace: Decorative
  • Fireplace: 1
Basement Information
  • Other
Parking
  • Garage
  • Assigned
Stories
  • 5
Living Area
  • 4,750 sqft
Additional Listing Info
  • Buyer Brokerage Commission: 2.0
Location
   
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
Mar 29, 2024
Price Changed
$4,295,000
-10%
-455,000
Nov 03, 2023
Price Changed
$4,750,000
-5%
-245,000
Aug 11, 2023
Price Changed
$4,995,000
-4%
-205,000
Jul 09, 2023
Original Price
$5,200,000
-
-

Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
%
Interest rate
%
Mortgage calculator estimates are provided by CENTURY 21 Real Estate LLC and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Copyright 2024 Real Estate Board of New York (REBNY). All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 5/9/24 01:41