--- title: "692 WASHINGTON Avenue, Brooklyn, NY 11238" description: "692 WASHINGTON Avenue, Brooklyn, NY 11238 — NYC real estate listing on Real Estate Rebate Team. Priced at $2,450,000. Est. potential buyer savings up to $61,250 (subject to buyer-broker compensation received, lender approval, and applicable law)." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11238/692-washington-avenue-ny-11238" source: "Real Estate Rebate Team" --- # 692 WASHINGTON Avenue, Brooklyn, NY 11238 > **Listing Courtesy of:** Corcoran Group ## Description 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. ## Property Details - **Price**: $2,450,000 - **Potential Buyer Rebate**: $61,250 - **Bedrooms**: 4 - **Bathrooms**: 3 full, 1 half - **Living Area**: 2,856 sqft - **Property Type**: Residential - **Year Built**: 1899 - **Building**: 692 WASHINGTON Avenue - **Neighbourhood**: Prospect Heights - **Area / Borough**: Brooklyn - **Subdivision**: Prospect Heights - **Listing Office**: Corcoran Group - **State**: NY ## Estimated Potential Buyer Savings Real Estate Rebate Team estimates potential buyer savings of up to **$61,250** at closing. *Estimated by Real Estate Rebate Team. Subject to buyer-broker compensation received, lender approval, transaction terms, and applicable law. Not all listings qualify.* ## Related Links - [Building details](https://realestaterebatesnewyork.com/buildings//buildings/new-york-city/brooklyn/692-washington-avenue) - [Neighbourhood guide](https://realestaterebatesnewyork.com/neighborhoods//neighborhoods/new-york-city/brooklyn/prospect-heights) - [Calculate your exact cash back and book a showing here](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) - [Contact Regis Roumila for more details](https://realestaterebatesnewyork.com/contact) --- > This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available. > This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.