Seller's Agent in 2025
Craig Yoskowitz
Corcoran Group
(917) 825-7787
1 in this area
7 Total Sales
680 Washington Ave Brooklyn, NY 11238
Prospect Heights Neighborhood
4
Beds
4
Baths
3,116
Sq Ft
871
Sq Ft Lot
About This Home
As of November 2025High-Yield Free-Market 4-Family Townhouse in Prospect Heights
An opportunity to own a fully free-market, income-producing 4-unit townhouse in one of Brooklyn's most desirable neighborhoods. Located on a quiet stretch of Washington Avenue in Prospect Heights, near the vibrant cafés, restaurants, and shopping that define the area, this property currently provides strong annual income, low taxes, and long-term upside.
All four units are leased to reliable, qualified tenants and are fully free-market, offering maximum flexibility for an investor. The building delivers a strong current cap rate of 5.75%, with opportunity to increase revenue through simple cosmetic updates.
Configured as four spacious, full-floor one-bedroom apartments, each unit features a thoughtful layout with a large bedroom in the front, a living area in the center, and the kitchen at the rear with room for a small dining table. The apartments are bright and inviting, showcasing hardwood floors, high ceilings, good closet space, and charm throughout. The windowed kitchens provide ample cabinetry and counter space, while the tiled bathrooms are in good condition.
The ground-floor apartment enjoys exclusive access to a private backyard, a serene and fenced outdoor space that enhances its appeal and rental value.
This prime location offers the best of both worlds: peaceful residential living with close proximity to the lively dining and cultural scenes of Prospect Heights and Crown Heights. Nearby attractions include Prospect Park, the Brooklyn Museum, and the Brooklyn Botanic Garden, with the 2, 3, 4, 5, A, C, S, B, and Q trains all within easy reach.
For investors seeking a low-maintenance asset with strong cash flow, low carrying costs, and room for growth, this property is a standout. Be in touch for financials or to schedule a showing.
Last Agent to Sell the Property
Corcoran Group License #10401222621 Listed on: 07/29/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,976
Year Built
- Built in 1931
Lot Details
- 984 Sq Ft Lot
- Lot Dimensions are 63.17x15.58
Home Design
- Entry on the 1st floor
Interior Spaces
- 3,116 Sq Ft Home
- 4-Story Property
- Laundry in unit
- Basement
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Full Bathrooms
Utilities
- No Cooling
Community Details
- 4 Units
- Prospect Heights Subdivision
Listing and Financial Details
- Legal Lot and Block 0033 / 01146
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/17/2025 11/17/25 | Price Changed | $2,200,000 | 0.0% | $706 / Sq Ft | |
| 11/07/2025 11/07/25 | Sold | $2,200,000 | +10.3% | $706 / Sq Ft | |
| 09/08/2025 09/08/25 | Pending | -- | -- | -- | |
| 07/29/2025 07/29/25 | For Sale | $1,995,000 | -- | $640 / Sq Ft | |
| 05/24/2013 05/24/13 | Sold | -- | -- | -- | View Prior Sale |
Source: Real Estate Board of New York (REBNY)
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,018 | $576,450 | $130,050 | $446,400 |
| 2024 | $3,018 | $542,250 | $130,050 | $412,200 |
| 2023 | $2,742 | $466,650 | $130,050 | $336,600 |
| 2022 | $2,533 | $466,200 | $130,050 | $336,150 |
| 2021 | $2,540 | $435,600 | $130,050 | $305,550 |
| 2020 | $1,209 | $477,000 | $130,050 | $346,950 |
| 2019 | $2,342 | $457,650 | $130,050 | $327,600 |
| 2018 | $2,187 | $17,196 | $5,372 | $11,824 |
| 2017 | $2,026 | $15,927 | $5,782 | $10,145 |
| 2016 | $2,053 | $15,927 | $6,375 | $9,552 |
| 2015 | $1,234 | $15,425 | $6,261 | $9,164 |
| 2014 | $1,234 | $14,284 | $4,638 | $9,646 |
Source: Public Records
Agents Affiliated with this Home
-
Craig Yoskowitz
-
Joseph Tuttle
Buyer's Agent in 2025
Joseph Tuttle
Cooper & Cooper Real Estate LLC
(917) 749-9269
1 in this area
18 Total Sales
-
Charlie Pigott
Seller's Agent in 2013
Charlie Pigott
Corcoran Group
(718) 832-4173
24 in this area
316 Total Sales
Map
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS20039729
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.
RLS Data display by Homes.com LLC
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