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8-Unit Apartment Building
For Sale
$1,250,000

253 Saint Nicholas Avenue, Brooklyn, NY 11237

Natural gas heating and a recently installed boiler support the building’s eight residential units.

Property Size7,468 SF
Days on Market233

Property Features for 253 Saint Nicholas Avenue

General Information

Standard status Active
Size 7,468 SF
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $17,806

Building Details

Building Size 7,468 SF
Year Built 1931
Units 8
Listing Agency: Keller Williams Rlty Landmark
Listed By: Lian Rong Sun CBR SFR
Source: Cornerstonemyhome
Added: Jan 12 Changed: Aug 30 Last Checked: Aug 31 at 5:09PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Rlty Landmark

Investment Insights

Based on property information with market context.

This eight-unit apartment building at 253 Saint Nicholas Avenue in Brooklyn was constructed in 1931. The structure measures approximately 26.67 feet wide by 70 feet deep and is served by a natural gas heating system with a recently installed boiler.

Seven units are currently generating rental income, while the owner-occupied unit is scheduled to be vacant at closing. The property is located in Bushwick, Brooklyn, New York, with an 8-unit residential configuration suited to multifamily ownership.

Key Highlights

  • 8‑unit apartment building at 253 Saint Nicholas Avenue
  • Building dimensions: 26.67 feet wide by 70 feet deep
  • Constructed in 1931

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Nursing Home Acupuncture Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

5,833
Businesses Nearby

Demographics for 11237, NY

49,418
Population
18,801
Households
2.6
Avg Household Size
31
Median Age
41%
College-Educated
76%
High-School Grad
1.0 sq mi
ZIP Area
49,418
Density / Sq Mi
$82,570
Median Household Income
$43,421
Median Earnings
$2,109
Median Rent
$1,063,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Natural gas heating and a recently installed boiler support the building’s eight residential units.
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 apartment building at 253 Saint Nicholas Avenue; Building dimensions: 26.67 feet wide by 70 feet deep; Constructed in 1931
More about this property
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