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This five-story brownstone at 306 Washington Avenue in Clinton Hill is an impressive place. Owned by the same person for the last three decades, the house has beaucoup original detail—crown moldings, pier mirrors, the whole nine yards. The only downer is the fact that it’s a four family house and the three floor-through apartments are generating a measly $3,021 per month. Given the cost of converting to, say, a two-family, the $2,300,000 asking price might be a bit on the high side. What do you think?
306 Washington Avenue [Douglas Elliman] GMAP P*Shark


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  1. “4:39 – they chime in when they are asked”

    It’s an anonymous blog. No one chimes in when asked. They chime in when they feel like it. This isn’t a question and answer session.

    Are you new around here?

  2. Looks to me like you get a duplex plus the opportunity to make more over a long time IF you are willing to live with people you are fighting with and IF the market doesn’t correct. That’s a lot of ifs.

    As an investment property, 3000/mo rent isn’t worth much more than 300k, unless you are confident in your ability to be so obnoxious to your neighbors that they move out quickly.

    So, I’d value it as a duplex + an investment property.

    $1200 psf in Clinton Hill. When this sells, call the What. It’ll be time for all skeptics to drink the koolaid.

  3. 4:41- brain washed sloper who has never been to any other neighborhood in brooklyn and probably shops at the co-op.

    4:39 – they chime in when they are asked. they don’t PLG-jack every thread.

  4. ****

    Williamsburg isn’t the only Brooklyn nabe with a rash of violent assaults; Brownstoner reports that last Friday Pratt Institute students and faculty received a warning about an increase of violent activity near the Clinton Hill campus, as reported by the 88th Precinct.

    The email stated that “the robberies are reported to be committed by a group of black males and females approximately 15-16 years of age. It has been reported that the group runs up to the victim, assaults them by kicking, punching, and scratching; then taking anything of value. These occurrences have happened during various times of the day. All students and Pratt community members are recommended to travel in pairs or groups. If you must travel alone consider using a car service. Avoid traveling late at night.” Pratt’s community board has a thread on the recent crimes, and one student posted an update:

    “The girls (yeah that’s right, 15 year old girls) have all been spoken to by the police. The one who mugged my room mate last week will be spending the rest of her summer in counseling and with a sort-of-probation officer on her tail all the time. I know that all 3 of the girls were brought into the precinct, but my room mate and our other friend who was mugged only identified the one.”

    In less than a month around 26 robberies were reported, a 37% increase from the year prior.

  5. “That’s funny cause I live in a 5 story on Berkeley Place. Quite a few of them on our block.”

    Then that’s the comparison to make and they are not being sold for 2.3M so Armchairwarrior’s comment is idiotic.

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