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253 Saint Nicholas Avenue

Brooklyn, NY 11237
  • $1,598,000
  • STATUS: Active
  • ON SITE: 102 Days
  • MLS #: 820527
$1,598,000
  • 0
    BEDS
  • 0.06
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1931
County:
Area:

School Information

Elementary School:
School District:

Description

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.

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© 2025 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 Sheil Estate | Coldwell Banker Realty. Data last updated: 2025-05-18T07:19:04.8.
www.sheilestate.com/homes/160025933
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253 Saint Nicholas Avenue Brooklyn, NY 11237

  • Price: $1,598,000
  • Status: Active
  • On Site: 102 Days
  • MLS #: 820527
0
Beds
0
Baths
0
½ Baths
0.06
Acres
1931
Built
Neighborhood:
New York
County:
Brooklyn
Area:
New York
Elementary School:
Ps 86 Irvington (The)
Middle School:
All City Leadership Secondary Sch
High School:
All City Leadership Secondary Sch
School District:
Brooklyn 32
Property Description
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.
Exterior Features

Construction Materials Brick Cross Street Menahan Street Lot Features Back Yard Parking Features None Parking Total 0 Property Attached YN Yes Stories Total 4 Waterfront YN No

Interior Features

Appliances Gas OvenGas RangeRefrigerator Basement Details FinishedFull Basement YN Yes Cooling None Flooring Hardwood Number Of Heat Units 8 Number Of Heating Zones 8

Property Features

Annual Rental Income 92820 Building Area Total 7468 Fuel Expense 10000 Heating Natural Gas Insurance Expense 4500 Lot Size Area 2400 Net Operating Income 49369 Number Of Separate Electric Meters 8 Number Of Separate Gas Meters 8 Other Expense 1200 Property Sub Type Multi Family Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 17331.68 Tax Source Municipality Utilities Electricity AvailableNatural Gas AvailableWater Available Water Sewer Expense 9000 Water Source Public Zoning R6

Listing courtesy of Jacqueline Kangadis Cbr of NY Superior Realty: 718-205-7770
© 2025 OneKey MLS. All rights reserved.


© 2025 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 Sheil Estate | Coldwell Banker Realty. Data last updated: 2025-05-18T07:19:04.8.
 
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Sheil Estate | Coldwell Banker Realty
338 Route 202
Somers NY, 10589