deal image
395 Washington Avenue
Asset ClassMultifamily
# Units14
Parking Spaces: 11 SpacesYear Built: 1930Cap Rate: 7.35%Access Data Room
Prime Clinton Hill
overview of deal

Overview

395 Washington Avenue (aka 160 Greene Avenue) presents an exceptional income-producing opportunity in the heart of Clinton Hill, Brooklyn. This three-story, prewar corner building features 14 residential units and 11 on-site parking spaces—a rare and highly desirable amenity in this sought-after neighborhood. Situated on a 61’ x 120’ lot at the corner of Washington and Greene Avenues, the property spans approximately 6,840 square feet and delivers strong in-place income with significant upside through unit turnover and operational optimization. The unit mix includes 12 two-bedroom apartments and 2 three-bedroom apartments, along with an on-site laundry facility.

 

Ideally positioned in one of Brooklyn’s most established and vibrant rental markets, the property benefits from its proximity to Fort Greene Park, Pratt Institute, and Myrtle Avenue’s bustling retail corridor.

 

With a balanced mix of rent-stabilized and free-market units, 395 Washington Avenue offers both immediate cash flow and meaningful long-term upside. Its prime location, solid returns, and potential for value enhancement make it an outstanding opportunity for investors seeking a stable, well-maintained multifamily asset in one of Brooklyn’s most desirable neighborhoods.

Access the Data Room
deal gallery image
deal gallery image
deal gallery image
395 Washington AveBrooklyn, NY 11238

Sales Team

Yosef KatzPrincipal Broker212.419.8061Ykatz@arg-re.com
Shlomo AntebiPrincipal Broker212.419.8062Santebi@arg-re.com
Erik YankelovichPrincipal Broker212.419.8063Eriky@arg-re.com
11 Broadway, 18th Floor, New York, NY 10004
deal image

Inquire

Listing provided by Revere CRE