255 Saint Nicholas AVE, Brooklyn, NY 11237

$1,200,000

Est. payment /mo

$1,199,000

0.1%
Est.Price: ?

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255 Saint Nicholas AVE Brooklyn, NY 11237

2,400 Sqft Lot

SOLD DATE : 09/02/2026

Key Details

Sold Price $1,200,000

Property Type Commercial

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

Subdivision Bushwick

MLS Listing ID 934120

Sold Date 09/02/26

Rental Info No

Year Built 1931

Annual Tax Amount $17,890

Lot Size 2,400 Sqft

Acres 0.0551

Property Sub-Type Multi Family

Source onekey2

Property 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

Location

State NY

County Kings (brooklyn)

Rooms

Basement Unfinished

Interior

Heating Natural Gas

Cooling None

Fireplace No

Exterior

Parking Features On Street

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public

Building

Story 4

Sewer Public Sewer

Water Public

Structure Type Brick

Others

Special Listing Condition None

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OneKey MLS/ Hudson Gateway (HGAR)/ Long Island MLS (MLSLI)/ Mid Hudson MLS
Listed by Daniel Gale Sothebys Intl Rlty • Lowell Ackerman
Bought with Great Riches Realty

Nearby Locations

Triolo Realty Group Inc.

Triolo Realty Group Inc.

Broker

+1(718) 844-5414

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