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About This Home
This 0-bedroom, 0-bathroom residential multi family at 253 Saint Nicholas Avenue in Brooklyn, NY is listed for $1,250,000. Built in 1931, on a 0.06 acres lot.
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
Key Features
- Built in 1931
- 0.06 acre lot
Property Details
Amenities
Monthly Cost Estimate
$6,685/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
253 Saint Nicholas Avenue
Brooklyn, NY 11237
Property Details
Construction
Parking
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom residential multi family at 253 Saint Nicholas Avenue is listed at $1,250,000. The estimated monthly payment is $5,417 based on 20% down at 6.5% interest.
Key features include: Built in 1931, 0.06 acre lot.
This property is listed by Lian Rong Sun CBR SFR and can be reached at 9173065735 or ljsun@kw.com.








