For Sale · Listing by Corcoran Group
692 Washington Avenue
Prospect Heights, Brooklyn
$2,250,000
692 Washington Avenue
MLS® #RLS20117055
Listing by Corcoran Group
- 4
- Bedrooms
- 3.5
- Baths
- 2,856
- Sq. Ft.
- 1899
- Year Built
Quick Summary
Property Highlights
- Views: Other
- Exposure: East,West facing
- Climate Control: Other
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | Sep 23, 2026 | $2,250,000 | - |
| Currently | Sep 23, 2026 | $2,250,000 | - |
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
Exterior Features
Building Information
Financial Details
About Prospect Heights
View All Prospect Heights ListingsProspect 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 NeighborhoodActive Listings
33
Median Asking Price
$1.25M
Median $/Sqft
$1,465
Avg Days on Market
N/A
New This Week
6
Price Reduced
6%
Sold (30 Days)
11
Median Sale Price
$1.25M
Live data from RLS at REBNY • Updated 9/23/26, 6:13 PM EST
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Location
692 Washington Avenue, Prospect Heights, Kings County
Floor Plans
Building Information
Official NYC property records for this building
Tax & Assessment
Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.
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
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Building Data
NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning. Updated quarterly.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
All data is provided for informational purposes only and should be independently verified. See our Data Sources Policy for more information.
Frequently Asked Questions
Common questions about this property
The current listed common charges are $0 per month. Confirm the exact amount with Milton Coste before making an offer.
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
Pet policy requires confirmation with Milton Coste. Additional notes: UnitNo
At the current list price of $2,250,000 for 2,856 sq ft, the asking price per square foot is approximately $788. 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) 416-7433Listing 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 Data display by Keller Williams NYC. Data last updated on 9/23/2026 at 10:13 PM UTC
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Prospect Heights Market Update
11 sales last 30 days · $1.25M median · 3 months supply
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Quick Facts
Monthly Costs Estimate
$450,000
Source: Freddie Mac PMMS
Est. Monthly Payment
$0
Estimates only. Consult a lender for exact figures.
Mansion tax applies at this price point
New York State charges the buyer a mansion tax on residential purchases at $1,000,000 or more. At this asking price the tier is $2M to $2,999,999 at 1.25%, applied to the whole purchase price. It is due in cash at closing and cannot be financed.
Estimated mansion tax at asking
$28,125
Estimate based on the asking price. Confirm your own obligation with your real estate attorney.
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