692 Washington Ave - Storefront Retail/Residential FOR SALE


Brooklyn, NY 11238- Prospect Heights
$2,450,000 USD
917-287-4249
692 Washington Ave, Brooklyn, NY for Sale
$2,450,000 USD
Storefront Retail/Residential - FOR SALE
1/19
null | Request Cap Rate

692 Washington Ave
Brooklyn, NY 11238
Prospect Heights


OVERVIEW

692 Washington Avenue presents a rare opportunity to acquire a fully renovated mixed-use property in the heart of Prospect Heights, Brooklyn. This well-maintained building features a ground-floor commercial space currently configured as a doctor's office, along with two beautifully updated residential apartments above. The ground-floor commercial space, with split-system AC, includes four examining rooms and a half bath, making it well-suited for continued medical or professional use. With strong street presence and steady foot traffic, it also offers flexibility for a variety of retail, office, or service-oriented businesses. The residential units are delivered vacant, offering immediate flexibility for rental income, owner occupancy, or a combination of both. Located on the second and third floors, each apartment is bright and open, featuring two bedrooms plus a dedicated office, along with modern finishes including renovated kitchens, stylish bathrooms, and thoughtfully designed living spaces that balance comfort and functionality. The property also includes a fully finished basement with a full bathroom and heated floors, providing valuable additional space for storage, office expansion, or supplemental use in connection with the commercial unit. A charming backyard adds a rare outdoor retreat in an urban setting. Positioned along a vibrant corridor with convenient access to transportation, dining, and neighborhood amenities, 692 Washington Avenue is an ideal turnkey mixed-use asset with immediate usability and long-term upside.

FOR SALE DETAILS

PRICE

$2,450,000 USD

PRICE/SF

$890 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1899

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,684 SF

ZONING

R6A

APN/PARCEL ID

01153-0133

ASK ABOUT THIS PROPERTY

Jackie TorrenCorcoran GroupMore Info
917-287-4249

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Jackie TorrenCorcoran GroupMore Info
917-287-4249

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.