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Improved Two-Family Duplex
New
For Sale
$959,000

70 Nichols Avenue, Brooklyn, NY 11208

Residential, Brooklyn, NY

Property SizeContact for details
Lot Size0.05 Acres
Days on Market1

Property Features for 70 Nichols Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 8
Bathrooms 3
Full bathrooms 2
Half bathrooms 1
Rooms Bedroom 4, Bedroom 6, Bedroom 7, Bedroom 8, Bathroom 1, Bedroom 5, Bathroom 2, Bedroom 1, Bedroom 2, Bathroom 3, Bedroom 3
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 Last Checked: Sep 10 at 4:06PM
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.

Investment Insights

Based on property information with market context.

This legal Brooklyn two-family property is arranged with a 4-bedroom apartment over a second 4-bedroom apartment. Each residence has its own electric meter, gas meter, and dedicated A. O. Smith hot-water tank. The building includes forced-air heating with ductwork, ceramic and hardwood flooring, a refrigerator, stove, disposal, and laundry area. A private security camera system is also installed.

Capital work includes electrical updates on the first and second floors and in the basement, along with three electrical panels. Basement improvements include plumbing and drainage work, foundation waterproofing, tile flooring through much of the space, separate front and rear entrances, and upgraded rear stone steps. The roof is approximately 3 years old, and the rainwater drainage system directs runoff toward the rear yard. Interior access connects the first floor to a private backyard with a detached storage shed.

The property is located at 70 Nichols Avenue in Brooklyn, NY 11208, on a 0.0475-acre lot.

Key Highlights

  • 4‑bedroom apartment over 4‑bedroom apartment
  • Separate electric, gas, and dedicated A. O. Smith hot‑water service for each unit
  • Three electrical panels with updated wiring across the first floor, second floor, and basement

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Gym & Fitness Center Dental Office Skin Care Clinic

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

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Duplex - Two residential units feature independent electric, gas, and hot-water service for streamlined utility management.
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 $959,000.
What are key features of this property?
This property features: 4‑bedroom apartment over 4‑bedroom apartment; Separate electric, gas, and dedicated A. O. Smith hot‑water service for each unit; Three electrical panels with updated wiring across the first floor, second floor, and basement
More about this property
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