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

253 Saint Nicholas Avenue, Brooklyn, NY 11237

Commercial Sale, Brooklyn, NY

Property SizeContact for details
Lot Size0.06 Acres
Days on Market231

Property Features for 253 Saint Nicholas Avenue

General Information

Property type Commercial Sale
Property subtype Other
Rooms Basement
Parking features Off Street
Basement Storage Space, Partially Finished
Lot features Back Yard
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 Wall/Window Unit(s), Window Unit(s)
Water source Public

Building Details

Year built 1931
Number of units 8
Building materials Brick
Listing Agency: Keller Williams Rlty Landmark · Keller Williams Realty
Listed By: Lian Rong Sun CBR SFR · License #10301213443
Added: Jan 10 Changed: Aug 20 Last Checked: Aug 29 at 10:06AM
MLS# 950326

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 8-unit apartment building is a brick property constructed in 1931 on a 0.0551-acre lot. The building measures 26.67 wide by 70 deep and includes a basement. Front and rear two-bedroom layouts can be converted to three bedrooms at the owner’s discretion.

A recently installed boiler serves the natural gas heating system, while cooling is provided through wall and window units. The property has public water and public sewer connections, along with off-street parking. One unit is scheduled to be vacant at closing, providing flexibility for the next owner.

Key Highlights

  • 8‑unit apartment building on a 0.0551‑acre lot
  • Brick construction completed in 1931
  • Building dimensions of 26.67 wide by 70 deep

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.

Lease Details

8
Residential units

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
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Brick construction with natural-gas heat, public utilities, and off-street parking.
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 on a 0.0551‑acre lot; Brick construction completed in 1931; Building dimensions of 26.67 wide by 70 deep
More about this property
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