680 Washington Avenue

680 Washington Avenue | Sold

• Property type: Four-family townhouse

• Neighborhood: Prospect Heights

• Sale price: $2,200,000

The Property

680 Washington Avenue was a fully free-market, income-producing four-family townhouse on a quiet stretch of Washington Avenue in Prospect Heights. With exceptionally low taxes and strong in-place income, the property offered a compelling combination of cash flow and long-term upside.

The building was configured as four full-floor one-bedroom apartments, each with a practical layout featuring a front-facing bedroom, central living area, and rear kitchen with space for dining. The apartments were bright and well maintained, with hardwood floors, high ceilings, windowed kitchens, and tiled bathrooms. The garden unit enjoyed exclusive access to a private, fenced backyard, adding meaningful rental appeal.

All units were leased to qualified tenants at the time of sale and fully free-market, allowing flexibility for future repositioning. The property carried a strong in-place cap rate with clear potential to increase revenue through cosmetic upgrades.

The Location

Situated in Prospect Heights, the townhouse was close to neighborhood cafés, restaurants, and shops, as well as Prospect Park, the Brooklyn Museum, and the Brooklyn Botanic Garden. Multiple subway lines nearby provided excellent access throughout Brooklyn and Manhattan.