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Listing Courtesy of EXP Realty NYC
$ 2,100,000
Est. payment | /mo
2,400 SqFt
$ 2,100,000
Est. payment | /mo
2,400 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,400 sqft
Price per Sqft $875
Subdivision Clinton Hill
MLS Listing ID RLS20030460
Style Prewar,Walk-Up
HOA Y/N No
Year Built 1901
Annual Tax Amount $8,311
Property Sub-Type Multi Family
Property Description
3-Family Brownstone in Prime Clinton Hill – Income-Producing, Turnkey, and 1031-Ready
Great opportunity to acquire a fully leased, income-generating 3-family brownstone in the highly sought-after neighborhood of Clinton Hill, Brooklyn. Located on a beautiful tree-lined block, 125 Washington Avenue is a classic 20-foot-wide legal 3-family townhouse with approximately 2,400 square feet of rentable space across four full floors, situated on an extra-deep 100-foot lot.
Configured with three spacious, full-floor residences each fully renovated and flexible layout. This property is ideal for a wide range of strategies: long-term buy and-hold, owner-occupancy with rental offsets, co-living model, or value-add repositioning. All tenants are currently in place, and each pays their own utilities, minimizing landlord expenses.
Perfect for investors seeking a 1031 exchange property, this asset provides immediate cash flow with future upside potential through gradual rent increases or cosmetic upgrades. Zoned R6B, it offers long-term zoning stability in one of Brooklyn's most demand-driven submarkets.
Located just steps from Pratt Institute, Fort Greene Park, and multiple subway lines (C, G, and nearby access to A and B/Q/R via Atlantic Terminal), this area attracts strong tenant demand and benefits from proximity to cultural hubs, dining, parks, and transit.
Great opportunity to acquire a fully leased, income-generating 3-family brownstone in the highly sought-after neighborhood of Clinton Hill, Brooklyn. Located on a beautiful tree-lined block, 125 Washington Avenue is a classic 20-foot-wide legal 3-family townhouse with approximately 2,400 square feet of rentable space across four full floors, situated on an extra-deep 100-foot lot.
Configured with three spacious, full-floor residences each fully renovated and flexible layout. This property is ideal for a wide range of strategies: long-term buy and-hold, owner-occupancy with rental offsets, co-living model, or value-add repositioning. All tenants are currently in place, and each pays their own utilities, minimizing landlord expenses.
Perfect for investors seeking a 1031 exchange property, this asset provides immediate cash flow with future upside potential through gradual rent increases or cosmetic upgrades. Zoned R6B, it offers long-term zoning stability in one of Brooklyn's most demand-driven submarkets.
Located just steps from Pratt Institute, Fort Greene Park, and multiple subway lines (C, G, and nearby access to A and B/Q/R via Atlantic Terminal), this area attracts strong tenant demand and benefits from proximity to cultural hubs, dining, parks, and transit.
Location
State NY
County Kings
Interior
Equipment Intercom
Fireplace No
Laundry See Remarks
Exterior
View Y/N No
Private Pool No
Building
Dwelling Type Multi Family
Story 3
New Construction No
Others
Pets Allowed Pets Allowed
Ownership None
Monthly Total Fees $692
Pets Allowed Building Yes, Yes
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RLS Data display by eXp Realty