692 Washington Avenue presents a rare opportunity to acquire a fully renovated mixed-use property in the heart of Prospect Heights, Brooklyn. This well-maintained building features a ground-floor commercial space currently configured as a doctor's office, along with two beautifully updated residential apartments above.
The ground-floor commercial space, with split-system AC, includes four examining rooms and a half bath, making it well-suited for continued medical or professional use. With strong street presence and steady foot traffic, it also offers flexibility for a variety of retail, office, or service-oriented businesses.
The residential units are delivered vacant, offering immediate flexibility for rental income, owner occupancy, or a combination of both. Located on the second and third floors, each apartment is bright and open, featuring two bedrooms plus a dedicated office, along with modern finishes including renovated kitchens, stylish bathrooms, and thoughtfully designed living spaces that balance comfort and functionality.
The property also includes a fully finished basement with a full bathroom and heated floors, providing valuable additional space for storage, office expansion, or supplemental
use in connection with the commercial unit. A charming backyard adds a rare outdoor retreat in an urban setting.
Positioned along a vibrant corridor with convenient access to transportation, dining, and neighborhood amenities, 692 Washington Avenue is an ideal turnkey mixed-use asset with immediate usability and long-term upside.
Listing courtesy of Corcoran Group
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Prospect Heights is a colorful and diverse neighborhood anchored by multiple cultural institutions: Grand Army Plaza, Brooklyn Botanic Gardens, Barclay’s Center, Prospect Park, the Brooklyn Museum, and the gorgeous central branch of the Brooklyn Library.
Turn down any side street, however, and you’ll find gorgeous old brownstones, stately coops, and new developments on quiet, tree-lined streets. The commercial venues of Vanderbilt and Washington Avenues offer a myriad of restaurants, mom-and-pop shops, craft cocktail bars, cafes, and boutiques with a distinctly “come as you are” Brooklyn attitude. Hot spots include: Faun, Tom’s, White Tiger, Unnameable Books, Chuko, Olmsted, Bearded Lady, and The Islands.