3-Family Brownstone in Prime Clinton Hill – Income-Producing, Turnkey, and 1031-Ready
Outstanding 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.
In contract
$2,100,000
125 Washington Ave, Brooklyn, NY 11205
6beds
2,400sqft
Multi Family
Built in 1901
-- sqft lot
$2,086,800 Zestimate®
$875/sqft
$-- HOA
What's special
Tree-lined blockFlexible layout
- 51 days
- on Zillow |
- 745 |
- 53 |
Zillow last checked: 7 hours ago
Listing updated: July 21, 2025 at 10:19am
Listing by:
EXP Realty NYC 347-992-6533,
Alain Da Sylveira
Source: StreetEasy,MLS#: S1775772
Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Interior area
- Total structure area: 2,400
- Total interior livable area: 2,400 sqft
Video & virtual tour
Property
Features
- Patio & porch: Other
- Exterior features: Garden
Details
- Parcel number: 018900024
- Special conditions: Resale
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1901
Community & HOA
Community
- Subdivision: Clinton Hill
Location
- Region: Brooklyn
Financial & listing details
- Price per square foot: $875/sqft
- Tax assessed value: $2,036,000
- Annual tax amount: $8,808
- Date on market: 6/10/2025
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