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253 Saint Nicholas Avenue

Brooklyn, NY 11237
  • $1,350,000
  • STATUS: Active
  • ON SITE: 54 Days
  • MLS #: 950326
UPDATED: 44 min ago
$1,350,000
  • 0
    BEDS
  • 0.06
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1931
County:
Area:

School Ratings & Info

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

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© 2026 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Nicole Burke, MBA | Charles Rutenberg Realty. Data last updated: 2026-03-08T09:17:29.263.
www.nicoleburkehomes.com/homes/172048625
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253 Saint Nicholas Avenue Brooklyn, NY 11237

  • Price: $1,350,000
  • Status: Active
  • On Site: 54 Days
  • Updated: 44 min ago
  • MLS #: 950326
0
Beds
0
Baths
0
½ Baths
0.06
Acres
1931
Built
Neighborhood:
New York
County:
Brooklyn
Area:
New York
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
Exterior Features

Construction Materials Brick Cross Street Wyckoff AveCypress Ave Lot Features Back Yard Parking Features Off Street Property Attached YN Yes Waterfront YN No

Interior Features

Basement Details Partially FinishedStorage Space Basement YN Yes Cooling Wall/Window Unit(s) Elevator YN No

Property Features

Annual Rental Income 112920 Building Area Total 7468 Gross Income 132120 Heating Natural Gas Listing Terms Contract Lot Size Area 2399 Property Sub Type Multi Family Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 17806 Tax Section 1105 Tax Source Municipality Total Vacancies 7 Utilities Electricity Connected Water Source Public

Listing courtesy of Lian Rong Sun Cbr Sfr of Keller Williams Rlty Landmark: 718-475-2700
© 2026 OneKey MLS. All rights reserved.


© 2026 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Nicole Burke, MBA | Charles Rutenberg Realty. Data last updated: 2026-03-08T09:17:29.263.
 
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Nicole Burke, MBA | Charles Rutenberg Realty
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