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...
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.
Courtesy of EXP Realty NYC
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