$1,250,000
( $167.38Per Sq Foot )
 $6,710 est/mo Sourced by Back At You

253 Saint Nicholas Avenue,Brooklyn, NY 11237

Brooklyn, NY 11237

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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

Details

MLS #950326
Listing TypeFor Sale
StyleMulti-Family
Sub-TypeResale
StatusActive
Year1931
Days On Site227
Listing Provided ByKeller Williams Rlty Landmark | Lian Rong Sun CBR SFR

Features

SQ Feet7,468
BasementY
Units8
Acreage0.06

Interior

CoolingWall/Window Unit(s)
HeatingNatural Gas

Exterior

Construction MaterialsBrick
Lot FeaturesBack Yard

Parking

Parking FeaturesOff Street

Utilities

UtilitiesElectricity Connected
SewerPublic Sewer

Taxes

Tax Year2026
Tax Annual Amount17806
Tax Lot4

Area Information

StateNY
CountyKings (Brooklyn)
CityBrooklyn
Zip Code11237
Listing VS Median (in 11237)
Price:
$1,250,000
low | high
Med:
$1,141,500
58.68% of Average
sqft:
7,468
low | high
Med:
5,294
79.117568291377% of Average
$ / sqft:
$167
low | high
Med:
$217
20.208477155785% of Average
On site:
227
low | high
Med:
258.5
87.814313346228% of Average
Sourced by Back At You

Market Activity 11237

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Learn More About This Property

StateNY
CountyKings (Brooklyn)
CityBrooklyn
Zip Code11237
Listing VS Median (in 11237)
Price:
$1,250,000
low | high
Med:
$1,141,500
58.68% of Average
sqft:
7,468
low | high
Med:
5,294
79.117568291377% of Average
$ / sqft:
$167
low | high
Med:
$217
20.208477155785% of Average
On site:
227
low | high
Med:
258.5
87.814313346228% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $937K - $1.562M
sqft: 5,500 - 9,000
Nearby Listings Property ImageNearby Listings Details
255 Saint Nicholas Avenue Property Photo 1
$1,199,000
255 Saint Nicholas Avenue
Brooklyn, NY 11237
Listing Updated: June 25, 2026 at 8:17:10 AM PDT