Back to Search

Brooklyn Multifamily Investment Opportunity

253 Saint Nicholas Avenue, Brooklyn, NY 11237

View on Map

For Sale

$1,250,000

MULTI_FAMILY - Brooklyn, NY

Property size:

1,867 SF

Lot size:

0.06 Acres

Price / SF:

$669/SF

HighLights

8‑unit income‑generating building built in 1931, with brick construction
New natural gas boiler recently installed for the heating system
Public water and public sewer service
Off‑street parking available
Building size is 26.67 ft wide and 70 ft deep
Current rents for 7 units are $112,920 annually; owner unit will be vacant at closing

We can help!

Contact an agent

Lian Rong Sun CBR SFR

For Sale

$1,250,000

MULTI_FAMILY - Brooklyn, NY

Property size:

1,867 SF

Lot size:

0.06 Acres

Price / SF:

$669/SF

Added:: Jan 10, 2026
Days on Market:: 178
Last Refresh:: Jul 7 at 8:06 pm

Property Features for 253 Saint Nicholas Avenue

General Information

Property type: Residential Multi Family
Property subtype: Other
Rooms: Basement
Parking features: Off Street
Basement: Partially Finished, Storage Space
Standard status: Active
APN: 3312-4
Lot size: 0.06 Acres

Taxes and HOA fees

Tax Year: 2026
Tax Annual Amount: 17806

Utilities

Sewer type: Public Sewer
Heating system: Natural Gas
Cooling system: Window Unit(s), Wall/Window Unit(s)
Water source: Public

Building Details

Year built: 1931
Number of units: 8
Building materials: Brick

We can help!

Contact an agent

Lian Rong Sun CBR SFR

Listing agent Lian Rong Sun CBR SFR License #10301213443

Listing office Keller Williams Rlty Landmark 3255 Francis Lewis Blvd, Flushing, NY

Listing date Jan 10, 2026

MLS# 950326

HighLights

8‑unit income‑generating building built in 1931, with brick construction
New natural gas boiler recently installed for the heating system
Public water and public sewer service
Off‑street parking available
Building size is 26.67 ft wide and 70 ft deep
Current rents for 7 units are $112,920 annually; owner unit will be vacant at closing

Overview

This well-maintained, eight-unit income-generating building is located in the heart of Bushwick. The building has a width of 26.67 feet and a depth of 70 feet. It features a natural gas heating system with a recently installed boiler. The front and back units have two spacious bedrooms that can be converted into three bedrooms at the owner's discretion. The property offers a solid 6% return on investment. The current rental income for seven units is $112,920 annually. One unit will be vacant at closing, projecting an annualized income of $132,120, with annual expenses of $53,806. The lot size is 0.0551 acres.

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Location Insight

Map
Local Demand

City: Brooklyn
County: Kings
State: New York
Longitude: -73.912993
Latitude: 40.702638

Nearby Similar for Sale

$1,030,000

2,870 SF

New Retail Condo with Indoor Parking

Vacant, newly built retail condo with available indoor parking options for a wide range of businesses.

268 Bay Ridge Avenue, Brooklyn, NY 11220

View Details
$1,390,000

3,239 SF

First-Floor and Cellar Commercial Condo

Modern 2017 mixed-use condo with flexible space for office, medical, fitness, or community uses.

832 40th Street, Brooklyn, NY 11232

View Details
$3,100,000

6,362 SF

NNN Retail Strip with Parking

Modern 2015-built retail strip offers three storefronts and 10 in-door parking spaces for NNN tenants.

268 Bay Ridge Avenue, Brooklyn, NY 11220

View Details
$988,000

2,292 SF

Storefront Condo with Parking

Built in 2015 and currently used as a bakery, with indoor parking available for additional cost.

268 Bay Ridge Avenue, Brooklyn, NY 11220

View Details
$1,680,000

3,158 SF

Retail and Office Building

Modern storefront property with open lobby, multiple rooms, and two bathrooms for flexible retail or office use.

366 Kings Highway, Brooklyn, NY 11223

View Details
$900,000

29,171 SF

Corner Medical Suite with Private Entrance

Ground-floor corner suite zoned for ambulatory or diagnostic care, with waiting area, exam room, and private entry.

531 5th Street, Brooklyn, NY 11215

View Details
$999,000

15,000 SF

Turn-Key Supermarket Business Opportunity

Thriving supermarket business for sale in prime Gravesend location.

53-65 Quentin Road, Brooklyn, NY 11223

View Details
$999,000

8,820 SF

Established Supermarket Business For Sale

High-volume supermarket in Bensonhurst/Gravesend with excellent street exposure.

65 Quentin Road, Brooklyn, NY 11223

View Details
$7,200,000

23,400 SF

Brooklyn Mixed-Use Investment Opportunity

Mixed-use property in Brownsville with diverse income streams.

340 Junius Street, Brooklyn, NY 11212

View Details
$1,200,000

3,822 SF

Incomplete Renovation Church Conversion

In-progress renovation offers flexible space for offices, warehouse, retail, manufacturing, or religious use.

2769 Stillwell Avenue, Brooklyn, NY 11224

View Details
$590,800

1,200 SF

Ground-Level Retail Storefront with Parking

Ground-level retail store built in 2015 with available indoor parking and full possession for a flexible tenant buildout.

268 Bay Ridge Avenue, Brooklyn, NY 11220

View Details
$2,190,000

3,500 SF

Luxury Atelier & Designer Showroom

Turnkey, two-story luxury atelier in Sunset Park, Brooklyn.

821 39th Street, Brooklyn, NY 11232

View Details

For sale
Apartment buildings
NY
Brooklyn
11237
253 Saint Nicholas Avenue

What type of property is this?

Apartment building - Eight-unit building in Bushwick with income potential.

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 building built in 1931, with brick construction; New natural gas boiler recently installed for the heating system; Public water and public sewer service

253 Saint Nicholas Avenue, Brooklyn, NY 11237

MULTI_FAMILY - Brooklyn, NY

Property Features for 253 Saint Nicholas Avenue

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

New Retail Condo with Indoor Parking

First-Floor and Cellar Commercial Condo

NNN Retail Strip with Parking

Storefront Condo with Parking

Retail and Office Building

Corner Medical Suite with Private Entrance

Turn-Key Supermarket Business Opportunity

Established Supermarket Business For Sale

Brooklyn Mixed-Use Investment Opportunity

Incomplete Renovation Church Conversion

Ground-Level Retail Storefront with Parking

Luxury Atelier & Designer Showroom

FAQs