--- title: "692 Washington Avenue, New York City, NY 11238" description: "692 Washington Avenue, New York City, NY 11238 — Multi Family Home in Prospect Heights, Brooklyn, NY. Listing Price $2,250,000. 4 bed, 4 bath, 2,856 sqft Illustrative Buyer Commission Share of $33,750 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11238/692-washington-avenue-ny-11238" source: "Real Estate Rebate Team" dateModified: "2026-09-23T21:52:57.113Z" status: "Active" --- # 692 Washington Avenue, New York City, NY 11238 Multi Family Home in Prospect Heights, Brooklyn, NY Courtesy of Corcoran Group Last updated: September 23, 2026, 5:52 PM ## At a Glance - **Listing Price**: $2,250,000 - **Beds**: 4 - **Total Baths**: 4 - **Sqft**: 2,856 - **Monthly Taxes**: $799 / mo - **Price per Sqft**: $788 - **Brokerage Fee**: Share Eligible ## The Private Brokerage Advantage As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction. - **Contract Purchase Price**: $2,250,000 - **Illustrative Buyer Commission Share**: -$33,750* - **Illustrative Net Cost**: $2,216,250 *Illustrative Buyer Savings of $33,750 — 50% of a 3% buyer-broker commission, shared at closing.* [Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) ## Photos (10) ![692 Washington Avenue, New York City, NY 11238 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/dbb726a6-b36a-4506-821b-3c06d3c5cc24.jpg) ![692 Washington Avenue, New York City, NY 11238 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/bcfe0ca5-7641-4873-9f2f-2ba92505f5f0.jpg) ![692 Washington Avenue, New York City, NY 11238 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/09698081-1245-432d-9971-34f8c82350aa.jpg) ![692 Washington Avenue, New York City, NY 11238 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/7f45b499-5c88-4315-8bec-b0f42b74a3b4.png) ![692 Washington Avenue, New York City, NY 11238 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/a72ce723-3d7b-4232-b484-cddfe9483e9d.jpg) ![692 Washington Avenue, New York City, NY 11238 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/860eec06-568e-4319-9188-71b581249745.jpg) ![692 Washington Avenue, New York City, NY 11238 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/a10a540a-0049-4bfd-badf-e7fed7a15cf2.jpg) ![692 Washington Avenue, New York City, NY 11238 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/50186af0-d7c9-48c0-83a7-0e34c7d07e50.jpg) ![692 Washington Avenue, New York City, NY 11238 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/7dfd16fe-e146-4945-beb7-ede4b19eefea.jpg) ![692 Washington Avenue, New York City, NY 11238 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/b47f8da2-aa62-4a1e-bde1-f2c4dbfc262e.jpg) ## Property Overview 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 - **Property Type**: Multi Family - **Beds**: 4 - **Total Baths**: 4 - **Rooms**: 18 - **Sqft**: 2,856 sqft - **Stories**: 3 - **Year Built**: 1899 - **Price per Sqft**: $788 - **Monthly Taxes**: $799 / mo - **Listed On**: Sep 23, 2026 - **Days on Market**: 22 Days ### Residence Features - See Remarks - Private Outdoor Space Over 60 Sqft - Hardwood - Full ## Estimated Monthly Payment **$12,176 / month**, assuming a 20% down payment ($450,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $11,377 - **Property Taxes**: $799 Estimates only. Actual payments may vary. Confirm terms with your lender. ## Sales and market data ### How this price compares - **This home**: $2,250,000 - **Median sold price**: $3,640,000 - **Difference**: -$1,390,000 (-38.2%) - **This home, $/ft²**: $788 - **Median $/ft²**: $1,091 - **Comparable sales**: 8 - **Sales from**: October 2021 – June 2026 - **Middle half of those sales**: $2,790,000 – $5,149,999 Based on house sales in Prospect Heights. A house is not part of a building of comparable apartments, so this benchmark is drawn from house sales across Prospect Heights. Apartment sales are excluded from it entirely. ### How these sales were negotiated - **Sale-to-list price**: 95.7% (3 sales) - **Sold below asking**: 100% (3 sales) - **Typical time to find a buyer**: 38 days (7 sales) - **Typical time to close**: 57 days (7 sales) Based on house sales in Prospect Heights with the required listing and closing data. Sample sizes vary by metric. These are two separate periods measured on different clocks — time to find a buyer, and time from agreed deal to closing. They are medians of different sets of sales and do not add together into a single "days on market" figure. Sales data through June 2026. Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for. [See every recorded sale at 692 WASHINGTON Avenue](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/692-washington-avenue) ## Property Tax History Taxes at 692 Washington Avenue were $9,704 in 2026, up 6.0% from 2025. | Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate | | --- | --- | --- | --- | --- | --- | --- | | 2026 (FY 2026/27) | $175,200 | $23,580 | $151,620 | $48,313 | $9,704 | 20.085% (estimated) | | 2025 (FY 2025/26) | $201,120 | $23,580 | $177,540 | $45,578 | $9,154 | 20.085% (estimated) | | 2024 (FY 2024/25) | $171,540 | $23,580 | $147,960 | $42,998 | $8,636 | 20.085% | | 2023 (FY 2023/24) | $151,620 | $23,580 | $128,040 | $42,998 | $8,636 | 20.085% | | 2022 (FY 2022/23) | $119,040 | $23,580 | $95,460 | $42,454 | $8,622 | 20.309% | | 2021 (FY 2021/22) | $113,400 | $23,580 | $89,820 | $40,261 | $8,037 | 19.963% | | 2020 (FY 2020/21) | $111,840 | $23,580 | $88,260 | $37,982 | $7,993 | 21.045% | | 2019 (FY 2019/20) | $97,260 | $23,580 | $73,680 | $35,832 | $7,585 | 21.167% | | 2018 (FY 2018/19) | $35,832 | — | — | $35,832 | $7,496 | 20.919% | | 2017 (FY 2017/18) | $35,378 | — | — | $35,378 | $7,212 | 20.385% | | 2016 (FY 2016/17) | $33,976 | — | — | $33,976 | $6,792 | 19.991% | | 2015 (FY 2015/16) | $32,831 | — | — | $32,831 | $6,420 | 19.554% | | 2014 (FY 2014/15) | $21,427 | — | — | $21,427 | $4,105 | 19.157% | | 2013 (FY 2013/14) | $21,427 | — | — | $21,427 | $4,112 | 19.191% | | 2012 (FY 2012/13) | $21,049 | — | — | $21,049 | $3,909 | 18.569% | | 2011 (FY 2011/12) | $19,880 | — | — | $19,880 | $3,619 | 18.205% | | 2010 (FY 2010/11) | $18,926 | — | — | $18,926 | $3,286 | 17.364% | The City has not published the official FY2026/27 and FY2025/26 tax rates yet. We calculated the tax for those years using the prior year’s rate, so treat them as an estimate rather than a figure the City has adopted. Every rate without the Estimated marker is the published one. Tax Assessment is the assessed value on the City’s roll, and it is the figure other listing sites publish. It is not what the bill is calculated on. New York phases assessment changes in gradually for some tax classes, so the City bills the Billable Value shown beside it, less any exemption the owner holds. It usually trails the assessment, and it can sit above it for a few years after an assessment falls. Figures are the New York City Department of Finance assessment roll for tax lot 3011530033. Assessed and billable values are determined by the City for tax purposes and are not an appraisal or an estimate of market value. Tax classes and rates are set annually and can change. [How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology) ## About The Building ### 692 WASHINGTON Avenue 692 WASHINGTON Avenue, Brooklyn, NY 11238 A building in the neighborhood, currently featuring 1 active listing. - **Year Built**: 1899 - **Active Units**: 1 - **Floors**: 3 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/692-washington-avenue) ### Available Residences — For Sale (1) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [N/A](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11238/692-washington-avenue-ny-11238) | 4 | 4 | 2,856 sqft | $788 | $2,250,000 | Corcoran Group | Sep 23, 2026 | 21 days | ## Prospect Heights Overview of Prospect Heights [Explore Prospect Heights](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/prospect-heights) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods) ### Nearby Prospect Heights - [Park Slope real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/park-slope) - [Clinton Hill real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/clinton-hill) - [Fort Greene real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/fort-greene) - [Boerum Hill real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/boerum-hill) - [Prospect Park real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/prospect-park) - [Gowanus real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/gowanus) ## Related Links - [692 WASHINGTON Avenue — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/692-washington-avenue) - [Prospect Heights neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/prospect-heights) - [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) - [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact) --- > RLS IDX Data display by Real Estate Rebate Team. 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. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. > All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.