253 Saint Nicholas Avenue Brooklyn, NY 11237

Building Details

Year Built

1931

Listing agency Keller Williams Rlty Landmark l***@kw.com Show Phone

Listed by Lian Rong Sun CBR SFR Show Phone

Source Cohenandcohenrealty

Added: Jan 12 Updated: Jul 17 at 3:15AM Checked: Jul 22 at 6:55AM

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Investment Insights

Based on property information with market context.

This 8-unit income-generating apartment building is described as well maintained and configured on a 26.67-foot width and 70-foot depth. The property has a natural gas heating system, with a new boiler recently installed. The front and back spacious 2-bedroom layouts are noted as adaptable to 3 bedrooms at the owner’s choice. The offering also includes one guaranteed vacancy at closing.

The remarks state current rental incomes for 7 units total $112,920 annually. The owner-occupied unit is described as vacant at closing, with an annualized income of $132,120 less than annual expenses of $53,806. The property is located at 253 Saint Nicholas Avenue in Brooklyn, NY 11237.

Key Highlights

• 8‑unit income‑generating multifamily building built in 1931
• Building dimensions noted as 26.67 ft wide and 70 ft deep
• Natural gas heating system with a recently installed boiler

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FAQs

What type of property is this?

Apartment building - Well-maintained 8-unit multifamily property featuring a natural gas heating system with a recently installed boiler.

Where is this apartment building located?

The property is located at 253 Saint Nicholas Avenue Brooklyn, NY.

What is the asking price?

The asking price for this property is $1,250,000.

What are key features of this property?

This property features: 8‑unit income‑generating multifamily building built in 1931; Building dimensions noted as 26.67 ft wide and 70 ft deep; Natural gas heating system with a recently installed boiler