255 Saint Nicholas Ave, Brooklyn, NY 11237

Building Details

Year Built

1931

Listing office Sotheby's - Daniel Gale | Locust Valley l***@danielgale.com Show Phone

Listing date Mar 12, 2026

Source Elliman

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

This well-maintained, fully occupied eight-unit multi-family building is located in Bushwick, Brooklyn. Constructed in 1931, the brick building has a classic facade and spans approximately 7,280 square feet on a 27-foot by 70-foot lot. The residences feature a railroad-style layout of over 900 square feet, with a mix of 1-, 2-, and 3-bedroom, 1-bath apartments. Two units have been recently renovated, blending historic character and modern upgrades. The property is fully occupied with rent-stabilized tenants, providing steady rental income. Located on St. Nicholas Avenue in an R6 zone, the building is surrounded by cafes, art studios, restaurants, and nightlife. It is situated four blocks from the L and M subway lines, providing access to Manhattan in under 20 minutes. This property presents an opportunity for investors seeking long-term stability and cash flow.

Suggested Use

Law Firm Real Estate Agency Parking Lot & Garage Nursing Home Nursing Home Acupuncture Carpet & Flooring Store Veterinary Clinic Catering Service Tanning Salon

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Brooklyn

County

Kings

State

New York

Longitude

-73.913

Latitude

40.7026

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FAQs

What type of property is this?

Apartment building - Fully occupied, cash-flowing 8-unit building in prime Bushwick location.

Where is this apartment building located?

The property is located at 255 Saint Nicholas Ave Brooklyn, NY.

What is the asking price?

The asking price for this property is $1,199,000.

What are key features of this property?

This property features: Fully occupied eight‑unit multi‑family building in prime Bushwick location; Steady rental income from rent‑stabilized tenants; Conveniently located four blocks from the L and M subway lines