58 Saint Nicholas Avenue, Brooklyn, NY 11237

Pending

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Property Description

CASH DEAL OR HARD MONEY. SOLD AS IS. Solid six (6)-family rent stabilized building in prime Bushwick area, a lot of potential, building 20x80, lot 20x90, totaling 4,800 sqft interior space. It consists of four 1 bedroom apartments and two 2 bedroom apartments. 7 electric meters and 7 gas meters, new boiler and hot water tank. Annual gross income is approximately $53,000, expense $27,000, and net income $26,000. Sold as is with all paying tenants, fully occupied. Annual property tax is $15,220. Priced to sell. Excellent location, close to all! Buyers are responsible for all violations and are advised to do their own due diligence. Proof of fund required. Any reasonable offer will be considered!

58 Saint Nicholas Avenue | MLS# 948207

This commercial property located at 58 Saint Nicholas Avenue, Brooklyn, NY 11237 is currently listed for sale with an asking price of $349,000. Saint Nicholas Avenue is located within the Contact Agent school district. Search Brooklyn real estate on www.timberlandproperties.com today.

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Property Features

Property Type: Commercial -
Basement: Full
Basement: Yes
Cooling: Wall/Window Unit(s)
Heating: Other
Lot Size: 0.04 Acres
Taxes: $14,810
Year Built: 1931

Feature Descriptions

Building Area Total: 4800
Days on Site: 58
Exterior: Brick
Fuel Expense: 3000
On Market Date: 2026-01-05
Parcel Number: 03200-0032
Parking Features: None
Property Attached Y/N: 1
Rental Term: Monthly
Sewer: Other
Units: 6
Utilities: See Remarks
Water: Other

Local Schools

High School: Contact Agent
Elementary School: Contact Agent
School District: Contact Agent

Demographics

Listed By / Shown By

Listing By

Agency Name: RE/MAX Edge
Agency Contact: 718-288-3835

Shown By

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

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