255 Saint Nicholas Avenue,Brooklyn, NY 11237
Brooklyn, NY 11237
Description
Fully occupied and cash-flowing, this exceptionally well-maintained eight-unit multi-family building is ideally situated in the heart of Bushwick, Brooklyn. Built in 1931, this classic brick building offers timeless curb appeal and solid construction, spanning approximately 7,280 square feet on a 27-foot by 70-foot lot. Each residence features a spacious railroad-style layout of over 900 square feet, with a mix of 1-, 2-, and 3-bedroom, 1-bath apartments. Two units have been recently renovated, offering a seamless blend of historic character and modern upgrades. The property is fully occupied with steady rental income from rent-stabilized tenants, making it an excellent opportunity for investors seeking long-term stability, strong cash flow, and future upside potential. Conveniently located just four blocks from the L and M subway lines, residents enjoy easy access to Manhattan in under 20 minutes. Zoned R6, the building sits on St. Nicholas Avenue, surrounded by Bushwick’s vibrant mix of cafes, art studios, restaurants, and nightlife, ensuring consistent tenant demand and rental growth
Details
| MLS # | 934120 |
|---|---|
| Listing Type | For Sale |
| Style | Multi-Family |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1931 |
| Days On Site | 291 |
| Listing Provided By | Daniel Gale Sothebys Intl Rlty | Lowell Ackerman |
Features
| SQ Feet | 7,280 |
|---|---|
| Basement | Y |
| Story(s) | 4 |
| Units | 8 |
| Building(s) | 1 |
| Acreage | 0.06 |
Interior
| Cooling | None |
|---|---|
| Heating | Natural Gas |
Exterior
| Construction Materials | Brick |
|---|
Parking
| Parking Features | On Street |
|---|
Utilities
| Utilities | Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public |
|---|---|
| Sewer | Public Sewer |
Taxes
| Tax Year | 2025 |
|---|---|
| Tax Annual Amount | 17890 |
Area Information
| State | NY |
|---|---|
| County | Kings (Brooklyn) |
| City | Brooklyn |
| Zip Code | 11237 |
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Learn More About This Property
| State | NY |
|---|---|
| County | Kings (Brooklyn) |
| City | Brooklyn |
| Zip Code | 11237 |
