255 Saint Nicholas Avenue, Brooklyn, NY 11237

$1,199,000
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Pending
BEDS0 BATHS MLS#934120
STATUSPending PROPERTY TYPECommercial -

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

255 Saint Nicholas Avenue | MLS# 934120

This commercial property located at 255 Saint Nicholas Avenue, Brooklyn, NY 11237 is currently listed for sale with an asking price of $1,199,000. Search Brooklyn real estate on www.joycerealty.com today.

Property Features

Property Type: Commercial -
Basement: Unfinished
Basement: Yes
Cooling: None
Heating: Natural Gas
Lot Size: 0.06 Acres
Stories: 4.0
Taxes: $17,890
Year Built: 1931

Feature Descriptions

Building Area Total: 7280
Days on Site: 234
Exterior: Brick
On Market Date: 2025-11-10
Parcel Number: 03312-0003
Parking Features: On Street
Property Attached Y/N: 1
Rental Term: Monthly
Sewer: Public Sewer
Units: 8
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public
Water: Public

Listed By / Shown By

Listing By

Agency Name: Daniel Gale Sothebys Intl Rlty
Agency Contact: 631-921-2918

Shown By

Agency Title: Joyce Realty
Agency Phone: (800-275-5692)

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