Discover a compelling investment opportunity at 617 Washington Avenue, where a long-term lease offers notable value. The property, with its expansive 700 sqft space plus an additional semi-finished basement, stands out as an adaptable option for numerous business ventures. Its positioning below the metro average provides an excellent value proposition for entrepreneurs seeking to maximize their investment. The area, while not marked by specific points of interest within walking distance, still promises a promising prospect for growth. Embrace this chance to secure an exceptional location in Brooklyn with a favorable lease, ideal for those looking to make strategic business decisions.
1 unit available
Studio
Location
617 Washington Avenue, Brooklyn NY 11238, Prospect Heights
617 Washington Avenue, Brooklyn, NY 11238 Prospect Heights
Amenities
Unit Amenities
Property Amenities
Exciting opportunity on Washington Avenue. A 700 sqft space with an additional 350 sqft semi-finished basement certainly offers a lot of potential for various businesses. The monthly rent including the property tax, seems remarkably low—With a 10-year lease, this could be a great long-term investment. I'd recommend scheduling a showing and setting up a financial analysis to better understand the potential this space holds for your business goals.
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Property Details (Fees & Lease)
Income Requirement
Must have 3x the rent in total household income (before taxes)