$4,525,000

Location! Location! Location!
Discover an exceptional investment opportunity at 234 Washington Avenue, a 4500-square-foot, 5-family Brownstone in the heart of one of the most vibrant neighborhoods in Brooklyn. Built in1905, this property spans 20 feet wide on a 95-foot lot, ideally situated between Willoughby and Dekalb Avenue. This prime location offers unparalleled potential for conversion into premium condominiums, catering to the high demand in this sought-after neighborhood.
Currently configured as a five spacious floor-through apartments with a total of 9 bedrooms and 5 bathrooms plus multiple outdoor spaces, a renovated Cellar and a potential rooftop creation, this property offers a multitude of investment opportunities.
234 Washington Avenue just underwent an extensive renovation with all brand-new wood flooring throughout, five brand new kitchens with all new stainless-steel appliances, new full size stackable washer/dryers and other upgrades throughout the entire building. With its strategic location and substantial size as well as the building's classic architecture combined with it's spacious layouts, this property is offering endless possibilities and provides a versatile canvas for various configurations and the flexibility to meet your investment goals and become a standout residential development.
You had the choice of making it your home and live in one of 2 or 3 floors, and rent out the remaining floors, or simply rent out the entire 5 renovated residences ready to welcome your tenants.
If you envision to convert this brownstone into luxury condos, that is definitely doable as other similar brownstone have already done it on this block.
Another option is to create you dream mansion by converting the entire building into a massive single family or a 2-Family brownstone. Whether you are looking to generate substantial rental income or undertake a luxury conversion to meet the high demand in this vibrant location, this property is primed for both.
Current configuration:
GARDEN LEVEL:
2 bedroom /1 bath with a brand-new kitchen brilliantly appointed with stainless steel appliances as well as a brand-new full size stackable washer/dryer. This level has access to a peaceful garden.
PARLOR LEVEL:
An impressive 11'3' High ceiling, amazing tall windows capturing an abundance of natural light, recessed lighting throughout, wood flooring, completely renovated kitchen as well as a nice renovated bathroom, 2 bedrooms and a washer dryer.
3nd FLOOR :
Large one Bedroom featuring a fully renovated open kitchen concept with brand-new stainless-steel Appliances, a full-size stackable Washer/Dryer and private access to a serene and spacious outdoor Patio.
4rd FLOOR:
2 bedroom / 1 bath with Renovated open kitchen concept New stainless-steel appliances Full-size stackable Washer/Dryer.5rd FLOOR:2 bedroom / 1 bath with Renovated open kitchen concept New stainless-steel appliances Full-size stackable Washer/Dryer.
PRIVATE ROOFTOP:
An opportunity to create your own private oasis with spectacular view of downtown Brooklyn. Picture advertised is virtually staged.
CELLAR:
Renovated cellar with full ceiling height, giving you the opportunity to create your own private fitness center, your game room or a nice theater.
Nestled in the heart of Clinton Hill, Known for its rich history and vibrant community, this neighborhood is home to an array of renowned restaurants, cafes, and boutiques, all just a short stroll away. The neighborhood's tree-lined streets and beautiful brownstones create a picturesque setting that residents cherish.
This prime location provides easy access to the G and C trains at Clinton-Washington Avenues, ensuring effortless transportation. The proximity to the esteemed Pratt Institute adds to the area's cultural and educational appeal. The property itself is a testament to the architectural beauty that Clinton Hill is known for.