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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.

Agent 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

Key Features

  • Built in 1931
  • 0.06 acre lot

Property Details

1931

Amenities

A/C

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

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

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.

LS

Lian Rong Sun CBR SFR

Agent at Keller Williams Rlty Landmark

(917) 306-5735

Listed by Keller Williams Rlty Landmark

MLS# 950326· Source: listhub· Updated 142 days ago

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253 Saint Nicholas Avenue, Brooklyn, NY 11237

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