680 WASHINGTON Avenue
MLS® #RLS20039729
Listing by Corcoran Group
4
Bedrooms
4
Baths
3,116
Sq. Ft.
1931
Year Built
Quick Summary
Property Highlights
- Views: Other
- Character: Pre-war building (1931)
Property Details
Description
High-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.
Features & Amenities
Interior Features
Exterior Features
Building Amenities
Building Information
Financial Details
About Prospect Heights
View All Prospect Heights ListingsProspect Heights is a small but culturally dense neighborhood that offers the best of Brooklyn living. Anchored by the Brooklyn Public Library and the Grand Army Plaza, the area provides immediate access to Prospect Park and the Brooklyn Museum. The real estate market is a sophisticated blend of historic brownstones, stately pre-war cooperatives, and high-end new developments like Pacific Park, offering a range of options for modern urbanites.
Prospect Heights Live Market Data
View NeighborhoodActive Listings
24
Median Asking Price
$915K
Median $/Sqft
$1,300
Avg Days on Market
N/A
New This Week
3
Price Reduced
8%
Sold (30 Days)
7
Median Sale Price
$1.58M
Live data from RLS at REBNY • Updated 3/23/26, 4:52 AM EST
Similar Listings in Prospect Heights
View AllLocation
680 WASHINGTON Avenue, Prospect Heights, Kings County
Floor Plans
Listing Data
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Market Data
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Map & Location
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Listing Courtesy of Corcoran Group - Craig Yoskowitz
Listing Contact: (917) 825-7787
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RLS Data display by Keller Williams NYC. Data last updated on 3/23/2026 at 8:52 AM UTC