Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
692 WASHINGTON Avenue
Interested in this property?
Active For Sale Multi Family

$2,695,000

$944 per sq ft

692 WASHINGTON Avenue

Prospect Heights, Brooklyn

MLS® #RLS20088768

RLS at REBNY

Listing by Corcoran Group

4

Bedrooms

3.5

Baths

2,856

Sq. Ft.

1899

Year Built

Quick Summary

Bedrooms 4
Bathrooms 4 full, 1 half
Living Area 2,856 sq ft
Lot Size 1,431.43 sq ft
Year Built 1899
Ownership None
Property Taxes $9,588/yr
Neighborhood Prospect Heights
Floor 1 of 3

Property Highlights

  • Views: Other
  • Climate Control: Other
  • Character: Pre-war building (1899)

Property Details

Type Multi Family
Ownership None
Total Rooms 18
Baths 3 Full, 1 Half
Floor 1 of 3
View Other
Cooling Other
Pets Yes
Year Built 1899
Living Area 2,856 sq ft
Structure Type Townhouse
Basement Other
Lot Size 1,431.43 sq ft
Parcel # 01153-0033
Block/Lot 01153/0033

Listing History

Event Date Price Change
Listed May 5, 2026 $2,695,000 -
Currently May 5, 2026 $2,695,000 -

Description

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.


Features & Amenities

Interior Features

Smoke Free In Unit

Exterior Features

Private Outdoor Space Over60 Sqft

Building Amenities

Green Building

Building Information

Building Data View Compliance & Permits
Total Units 3
Stories 3
Structure Townhouse

Financial Details

RE Taxes $9,588/yr ($799/mo)

Prospect Heights is a compact Brooklyn neighborhood anchored by the Brooklyn Public Library, Grand Army Plaza, Prospect Park, and the Brooklyn Museum. The real estate market features historic brownstones, pre-war cooperatives, and new developments like Pacific Park, with 2/3/B/Q/4 train service.

Prospect Heights Live Market Data

View Neighborhood

Active Listings

39

Median Asking Price

$1.50M

Median $/Sqft

$1,416

Avg Days on Market

N/A

New This Week

4

Price Reduced

8%

Sold (30 Days)

6

Median Sale Price

$1.60M

Live data from RLS at REBNY • Updated 5/5/26, 10:23 AM EST

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Location

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692 WASHINGTON Avenue, Prospect Heights, Kings County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1899
Year Built
127 years old
3
Floors
2
Residential Units
R6A
Zoning District
Primarily Residential Mixed Use

Tax & Assessment

Assessed Value: $175,200
Land Value: $23,580
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 1,444 SF
Building Area: 2,856 SF
Built FAR: 1.98
Allowed FAR: 3

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed annual property tax is $9,588, or roughly $799 per month. Verify the current assessment with your attorney before closing.

This property has 4 bedrooms and 3 full bathrooms and 1 half bathroom.

The listed interior living area is 2,856 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1899, making it approximately 127 years old.

This listing is None

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $2,695,000 for 2,856 sq ft, the asking price per square foot is approximately $944. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS20088768
First Listed: 5/5/2026
On Market: 5/5/2026
Price Changed: 5/5/2026
Contract Date: 5/5/2026

Listing Courtesy of Corcoran Group - Ashley Gold

Listing Contact: (917) 687-7111

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing 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. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/5/2026 at 2:23 PM UTC

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