About This Home

This 0-bedroom, 0-bathroom commercial at 253 Saint Nicholas Avenue in Brooklyn, NY is listed for $1,250,000. Built in 1931, on a 0.06 acres lot.

Key Features

  • Built in 1931
  • 0.06 acre lot

Property Details

1931

Amenities

A/C
Listing Description

Solid 6% Return on Investment on this 8 Unit Income Generating building in the heart of Bushwick can't be missed. The building is well maintained with the building size of 26.67 wide and 70 deep. Natural gas heating system with a new boiler recently installed.

Front and back 2 spacious bedrooms can easily turn into a 3 bedrooms at owner's choice. One guaranteed vacancy at the closing. Current rental incomes for 7 units are $112,920 annually and owner occupied unit will be vacant at closing for an annualized income at $132,120 less than annual expenses of $53,806.yeah

Monthly Cost Estimate

$6,685/mo

20% down · 6.5% · 30 years

Principal$904
Interest$5,417
Insurance$365

Estimates only. Actual payments may vary.

Location

253 Saint Nicholas Avenue

Brooklyn, NY 11237

Property Details

Construction

Brick

Parking

Off Street

Heating

Natural Gas

Cooling

Window Unit(s)Wall/Window Unit(s)

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 253 Saint Nicholas Avenue is listed at $1,250,000. The estimated monthly payment is $6,686 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1931, 0.06 acre lot.

This property is listed by Lian Rong Sun CBR SFR.

LS

Lian Rong Sun CBR SFR

Agent at Keller Williams Realty Landmark

Listed by Keller Williams Realty Landmark · Broker phone: (718) 475-2777 · Broker website

MLS# 950326· Source: OneKey MLS· 295 days on PropertySimple

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.

253 Saint Nicholas Avenue, Brooklyn, NY 11237

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