731 Washington Ave New York, NY 11238
Prospect Heights NeighborhoodEstimated Value: $3,475,593
            
                --
                Bed
            
            
            
                --
                Bath
            
            
            
                --
                Sq Ft
            
            
                    
                        2,831
                        Sq Ft Lot
                    
                    
        
    
    
About This Home
Prime commercial space available for rent at 731 Washington Avenue in Prospect Heights, Brooklyn.
This 920 sq ft property features white walls, central heat and air, a half bathroom, 3 entrances, and is ready for immediate occupancy. The backyard is currently a shared space but could be incorporated into the lease for exclusive retail use.
Situated in a prime location, 731 Washington Avenue is strategically placed in the heart of Prospect Heights on a busy thoroughfare with restaurants, cafes, and tons of foot traffic.
Ownership History
                Date
                Name
                Owned For
                Owner Type
            
                    Purchase Details
                Closed on
            
            
                Nov 28, 2023
            
        
                Sold by
            
            
                731 Washington Realty Llc
            
        
                Bought by
            
            
                731 Washington Llc
            
        
                            Current Estimated Value
                        
                        
                    Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $2,400,000
            
        
                Outstanding Balance
            
            
                $2,362,326
            
        
                Interest Rate
            
            
                7.79%
            
        
                Mortgage Type
            
            
                Purchase Money Mortgage
            
        
                Estimated Equity
            
            
                $1,113,267
            
        Purchase Details
                Closed on
            
            
                Dec 3, 2013
            
        
                Sold by
            
            
                Appleton Albert
            
        
                Bought by
            
            
                731 Washington Realty Llc
            
        
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        Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company | 
|---|---|---|---|
| 731 Washington Llc | $3,000,000 | -- | |
| 731 Washington Realty Llc | -- | -- | 
                Source: Public Records
            
        Mortgage History
| Date | Status | Borrower | Loan Amount | 
|---|---|---|---|
| Open | 731 Washington Llc | $2,400,000 | 
                Source: Public Records
            
        Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | 
|---|---|---|---|---|
| 06/10/2025 06/10/25 | Off Market | $5,000 | -- | -- | 
| 05/06/2025 05/06/25 | For Rent | $5,000 | 0.0% | -- | 
| 03/15/2025 03/15/25 | Off Market | $5,000 | -- | -- | 
| 02/18/2025 02/18/25 | For Rent | $5,000 | 0.0% | -- | 
| 12/17/2024 12/17/24 | Off Market | $5,000 | -- | -- | 
| 10/22/2024 10/22/24 | For Rent | $5,000 | 0.0% | -- | 
| 10/06/2024 10/06/24 | For Rent | $5,000 | -- | -- | 
Tax History Compared to Growth
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 | $14,549 | $619,200 | $9,000 | $610,200 | 
| 2024 | $14,549 | $576,900 | $9,000 | $567,900 | 
| 2023 | $13,729 | $516,150 | $9,000 | $507,150 | 
| 2022 | $10,744 | $522,000 | $9,000 | $513,000 | 
| 2021 | $10,003 | $480,600 | $9,000 | $471,600 | 
| 2020 | $4,493 | $524,250 | $9,000 | $515,250 | 
| 2019 | $11,290 | $529,200 | $9,000 | $520,200 | 
| 2018 | $10,950 | $86,088 | $1,608 | $84,480 | 
| 2017 | $10,158 | $79,861 | $1,674 | $78,187 | 
| 2016 | $9,549 | $74,070 | $1,646 | $72,424 | 
| 2015 | $6,189 | $69,243 | $1,725 | $67,518 | 
| 2014 | $6,189 | $68,858 | $2,046 | $66,812 | 
                Source: Public Records
                    
            
        Map
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