253 Saint Nicholas Avenue, Brooklyn, NY 11237

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Property Description

Solid 6% Return on Investment on this 8 Unit Income Generating building in the heart of Bushwick can't be missed. The building is well maintained with the building size of 26.67 wide and 70 deep. Natural gas heating system with a new boiler recently installed. Front and back 2 spacious bedrooms can easily turn into a 3 bedrooms at owner's choice. One guaranteed vacancy at the closing. Current rental incomes for 7 units are $112,920 annually and owner occupied unit will be vacant at closing for an annualized income at $132,120 less than annual expenses of $53,806.yeah

253 Saint Nicholas Avenue | MLS# 950326

This commercial property located at 253 Saint Nicholas Avenue, Brooklyn, NY 11237 is currently listed for sale with an asking price of $1,350,000. Search Brooklyn real estate on www.timberlandproperties.com today.

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Property Features

Property Type: Commercial -
Basement: Partially Finished, Storage Space
Basement: Yes
Cooling: Wall/Window Unit(s)
Heating: Natural Gas
Lot Size: 0.06 Acres
Taxes: $17,806
Year Built: 1931

Feature Descriptions

Building Area Total: 7468
Days on Site: 50
Exterior: Brick
Lot Features: Back Yard
On Market Date: 2026-01-12
Parcel Number: 3312-4
Parking Features: Off Street
Property Attached Y/N: 1
Rental Term: Monthly
Sewer: Public Sewer
Units: 8
Utilities: Electricity Connected
Water: Public

Demographics

Listed By / Shown By

Listing By

Agency Name: Keller Williams Rlty Landmark
Agency Contact: 718-475-2700

Shown By

Agency Title: Timberland Properties
Agency Phone: 845-586-3321

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