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Duplex with Separate Utility Meters
For Sale
$900,000

70 Nichols Avenue, Brooklyn, NY 11208

Residential, Brooklyn, NY

Property SizeContact for details
Lot Size0.05 Acres
Days on Market48

Property Features for 70 Nichols Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 8
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 3, Bedroom 6, Bathroom 2, Bathroom 1, Bedroom 8, Bathroom 3, Bedroom 7, Bedroom 5, Bedroom 2, Bathroom 4, Bedroom 1, Bedroom 4
Interior features Disposal, Laundry Area, Refrigerator, Stove
Basement Full, Finished
Subdivision Cypress Hills
Standard status Active
Lot size 0.05 Acres

Amenities

private security camera system
detached storage shed

Building Details

Floors in Building 2
Flooring type Ceramic, Hardwood
Building materials Wood Frame
Roof type Flat
Listing Agency: Gosen Properties
Listed By: Emmanuel Victor
Added: Sep 10 Changed: Oct 20 Last Checked: Oct 27 at 5:06AM
MLS# 504421

Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This two-family duplex has a four-bedroom unit on each of its two floors. Each residence is served by separate electric and gas meters and a dedicated A. O. Smith hot-water tank. Forced-air heating with ductwork serves the property, and the flat roof is approximately 3 years old.

Improvements include updated electrical wiring on the first and second floors and in the basement, three electrical panels, basement plumbing and drainage work, foundation waterproofing, and exterior concrete and sidewalk upgrades. The basement is divided into front and rear sections, with separate entrances, tile flooring through much of the space, and upgraded rear stone steps. Interior access leads to a private backyard with a detached storage shed.

Key Highlights

  • Two‑family layout with four bedrooms in each residence
  • Separate electric and gas meters and dedicated A. O. Smith hot‑water tanks for both units
  • Approximately 3‑year‑old roof

Property Analytics

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Lease Details

2
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

2,196
Businesses Nearby

Demographics for 11208, NY

101,958
Population
37,261
Households
2.7
Avg Household Size
35
Median Age
16%
College-Educated
82%
High-School Grad
2.7 sq mi
ZIP Area
37,762
Density / Sq Mi
$59,988
Median Household Income
$40,156
Median Earnings
$1,563
Median Rent
$638,200
Median Home Value
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Each four-bedroom residence has independent electric and gas meters, plus its own hot-water tank.
Where is this duplex located?
The property is located at 70 Nichols Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Two‑family layout with four bedrooms in each residence; Separate electric and gas meters and dedicated A. O. Smith hot‑water tanks for both units; Approximately 3‑year‑old roof
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