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395 Washington Ave

Brooklyn, NY 11238

$7,000,000

Apartments For Sale  •  6,840 Sq Ft

Property Details

  • Property Type Apartments
  • Total Building Size 6,840 Sq Ft
  • Lot Size 0.17 ac
  • Building Class B
  • Year Built 1880
  • Cap Rate 2.73 %
100 Transit Score
96 Walk Score

Description

14 Apts, 11 Parking Spaces + 2 additional parcels

Fourteen Unit Building plus 11 parking spaces located in the Clinton Hill Historic District. This Victorian Mansion was built as a single family dwelling, c.1885 and was converted to a multiple dwelling in the 1960' s. 

It consists of 12 studios, 2 one bedroom apartments and eleven parking spaces. The parking lot which is 50'  X 60' and the side lot which is 18' x 45' can be subdivided as Development Sites.

Clinton Hill

Financial Summary (Actual)

Net Operating Income: $191,060 (2017)
Cap Rate: 2.73 %

Public Transportation

Commuter RailDriveWalkDistance
East New York Station Commuter Rail (West Hempstead Branch, Long Beach Branch, Far Rockaway Branch) 19 min - 5.7 mi
Transit/SubwayDriveWalkDistance
Clinton-Washington Avenues (G Line) Transit Stop - 3 min 0.2 mi
Clinton-Washington Avenues (A,C Line) Transit Stop - 6 min 0.3 mi
Classon Avenue Transit Stop (G) 3 min 11 min 0.6 mi
Lafayette Avenue Transit Stop (A, C) 2 min 11 min 0.6 mi
Fulton Street (G Line) Transit Stop 3 min 11 min 0.6 mi
AirportDriveWalkDistance
La Guardia Airport 15 min - 9.3 mi
Newark Liberty International Airport 28 min - 15.5 mi
John F. Kennedy International Airport 24 min - 16.3 mi
Jeffrey Kessler 914-391-7689 Levitan
Jeffrey Kessler 914-391-7689 Levitan