There is no favorite listings!

Properties For Sale or Rent

Check out our newly listed properties for sale or rent in your area by using our search tools.

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

Features
Heating System:
Natural Gas
Cooling System:
No
Basement:
Unfinished
Parking Features:
On Street
Sewer:
Public Sewer
Utilities:
Trash Collection Public, Natural Gas Connected, Electricity Connected, Sewer Connected
Address Map
City:
NY
State:
NY
County:
Kings (Brooklyn)
Property and Construction
Development Status:
Brick
Agent MlsId:
169626
Office MlsId:
GALE01
Number Of Units:
8
Special Listing Conditions:
No
Stories Total:
4
Tax Annual Amount:
$17,890
Water Source:
Public
PhotosCount:
17

Commercial Sale For Sale

255 Saint Nicholas Avenue, New York, NY

2,400 Acre
$1,350,000
Listing ID #934120
Basic Details
Property Type :
Commercial Sale
Property SubType :
Multi Family
Listing ID :
934120
Price :
$1,350,000
Bathrooms Total :
0
Building Area :
7,280 Sqft
Lot Area :
2,400 Acre
Year Built :
1931
Status :
Active
Status :
Active
Listing Office :
Daniel Gale Sothebys Intl Rlty
Listing Agent :
Lowell Ackerman
Agent info
Kasner Properties
284 W Park Ave Long Beach, NY 11561
Contact Agent
Walkscore
Style Selector
Select the layout
Choose the theme
Preset colors
No Preset
Select the pattern

Saved Searches

You should login first to see your saved searches!