16-Unit Building with 10 Free Market Apartments in Prospect Heights
750 Washington Avenue
Prospect Heights
$5,950,000
Cross Street Park Place & Sterling Avenue
Gross SF 7,720
Zoning R6A, C1-4
Lot Dimensions 26 ft x 104 ft
Subways
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2
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Buses
LIRR
LIRR
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Multifamily
750 Washington Avenue,
Prospect Heights
646-427-2290
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Google MapsDetails
Stories 4
FAR 3.0
Residential Units 16
Overview
TerraCRG has been retained to exclusively represent ownership in the sale of 750 Washington Avenue, a four-story multifamily building in the Prospect Heights neighborhood of Brooklyn.
The approximately 7,720 SF building consists of 10 free-market apartments and 6 RS apartments. 10 of the 16 units are fully gut renovated. The property currently has an annual gross rent roll of ~$473,000 and a net operating income of ~$350,000 after expenses.
The property sits on the Washington Avenue corridor between Park Place and Sterling Place just blocks from the Brooklyn Museum and Prospect Park.MultMu
Attractions
Barclays Center
Atlantic Terminal Mall
Chelsea Piers Fitness
Central Library
Brooklyn Museum
Brooklyn Botanic Gardens
Prospect Park
Grand Army Plaza
Grand Army Plaza Green Market