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680 Washington Ave
Brooklyn, NY 11238 (Prospect Heights)
Off Market · Public Record
Contact For Estimate

680 Washington Ave
Brooklyn, NY 11238

(Prospect Heights)
  • 3,116 sqft
  • 1,037 sqft lot size
  • Multi-Family
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  • Lowest crime relative to the rest of Kings county.

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  • 27 Elementary Schools

    13 Middle Schools

    8 High Schools

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  • 13% of residents commute by car.

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  • 703 Restaurants

    106 Grocery stores

    180 Nightlife

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Off Market · Public Record

Home Details

Overview
  • Multi-Family
  • Built in 1931
  • 1,037 sqft
Description

This property is no longer available to rent or buy. This description is from October 20, 2016
Prospect Heights 4-Family Investment Opportunity!680 Washington is a four-story, four-family investment property located in Prospect Heights. Configured as four 1-bedroom floor through apartments offering 3,100 sq ft of living space, the building is currently producing a net operating income of $99,000. Renovated approximately 5 years ago, each free-market apartment is in very good condition, and also provides room for upside with some minor cosmetic improvements. The apartments all have enormous bedrooms, hardwood flooring throughout, and high ceilings.This prime position in Prospect Heights is tucked perfectly within the thriving restaurant and bar scenes of Washington, Vanderbilt and Franklin Avenues. Prospect Park, the Brooklyn Museum, Botanic Gardens, Grand Army Plaza Greenmarket, and the Barclays Center are all nearby. Its proximity to several public transportation options (7th Ave B/Q, Bergen Street 2/3 and Clinton-Washington C lines) also contributes in making 680 Washington one of the best investment opportunities you will find in Brooklyn.

Price History
Date
Price
Event

05/09/2013
$1,200,000
Sold
Recording Date
05/09/2013
Contract Date
04/26/2013
Sale Price
$1,200,000
Price Type
Full amount stated on Document.
County Transfer Tax
N/A
Total Transfer Tax
N/A
Transaction Type
Insured Non-Residential Grant Deed
Document Type
N/A

11/16/2011
$700,000
Sold
Recording Date
11/16/2011
Contract Date
10/24/2011
Sale Price
$700,000
Price Type
Full amount stated on Document.
County Transfer Tax
N/A
Total Transfer Tax
N/A
Transaction Type
Insured Non-Residential Grant Deed
Document Type
N/A

06/04/1996
$171,000
Sold
Recording Date
06/04/1996
Contract Date
04/12/1996
Sale Price
$171,000
Price Type
Sales price computed from Transfer Tax. No indication whether tax was paid on full or partial consideration.
County Transfer Tax
N/A
Total Transfer Tax
$684
Transaction Type
Purchase/Resale Arm's Length Residential Transaction
Document Type
N/A

03/31/1995
$25,000
Sold
Recording Date
03/31/1995
Contract Date
03/02/1995
Sale Price
$25,000
Price Type
Sales price computed from Transfer Tax. No indication whether tax was paid on full or partial consideration.
County Transfer Tax
N/A
Total Transfer Tax
$100
Transaction Type
Non-Arm's Length Transaction
Document Type
N/A

Property Taxes and Assessment
Year
2016
Tax
$2,051.88
Assessments
$15,927
Land
$6,375
Improvements
$9,552
Total
$15,927
Market Value
N/A

Affordability

Additional Costs

Price Trends

Real Estate Trends
Average Listing Price for 11238
$1,670,150
39% above sold price
Median Sale Price for 11238
$1,150,000
4% below sold price
Average Sale price/sqft for 11238
$1,071/sqft
Comparables and Estimates
Sold Homes
Address Distance Property Type Sold Price Sold Date Bed Bath Sqft
1.11
Multi-Family
$1,492,000
09/05/17
-
-
2,640
1.55
Multi-Family
$1,508,000
09/05/17
-
-
2,859
1.33
Multi-Family
$1,899,000
08/23/17
-
-
2,400
3.26
Multi-Family
$1,500,000
09/05/17
-
-
4,976
4.72
Multi-Family
$1,550,000
09/05/17
-
-
2,640
1.87
Multi-Family
$2,437,000
08/23/17
-
-
-
0.91
Multi-Family
$1,750,000
08/31/17
-
-
2,001
1.85
Multi-Family
$1,800,000
08/31/17
-
-
2,558
6.07
Multi-Family
$1,550,000
08/31/17
-
-
3,000
0.2
Multi-Family
$2,299,000
05/04/17
-
-
1,944
Home Estimates
Address Property Type Bed Bath Sqft
Multi-Family
-
-
5,703
Condo
-
-
1,119
Multi-Family
-
-
2,393
Unknown
-
-
5,000
Multi-Family
-
-
5,146
Multi-Family
-
-
5,200
Condo
-
-
1,606
Condo
-
-
1,396
Condo
-
-
1,270
Condo
-
-
761

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