253 St Nicholas Avenue, Brooklyn, NY 11237
New

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$1,598,000
Active for Sale
 
Listing ID 11420077
Property Type Multi-Unit (5+)
Commercial Type MULTIFAMILY
County Kings
Township Kings
Neighborhood Bushwick
School Brooklyn 32
Total Tax $18,751
FEMA Flood Map fema.gov/portal
Year Built 1931
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Well-maintained property in the heart of Brooklyn

Welcome to 253 St Nicholas Avenue, a well-maintained property in the heart of Brooklyn. Features 8 apartments with 2 bedrooms each. Total Gross income is $111,360 annually and total expenses are $43,451 with a Net Income of $67,909. Convenient access to shops, restaurants, and transportation and just a few blocks from the B26, B52, B54, B67 and B69 bus lines. Also close to M and L subway lines. Don't miss this prime investment opportunity! *1R will be delivered vacant and will then provide additional income
Property Details
  • 8 Full Baths
  • 7468 SF
  • 2400 SF Lot
  • Built in 1931
  • 4 Stories
  • Available 2/04/2025
  • Full Basement
  • Lower Level: Unfinished
Interior Features
  • Hardwood Flooring
  • Hot Water
  • Natural Gas Fuel
  • Natural Gas Avail
Exterior Features
  • Masonry - Brick Construction
  • Municipal Water
  • Municipal Sewer
Income/Expenses
  • Gross Income $111,360
  • Net Income $67,909
  • Insurance Exp $4,500
  • Heat Exp $10,000
  • Electric Exp $1,200
  • Water Exp $9,000
  • Total Exp $43,451
Taxes and Fees
  • $18,751 Total Tax
Listed By
NY SUPERIOR REALTY
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