197 Nichols Avenue Brooklyn, NY $ 1,160,000
197 Nichols Avenue
$ 1,160,000
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197 Nichols Avenue

Brooklyn, NY, 11208
$ 1,160,000
Bedrooms5 Baths3.0 Sq 2,160

Monthly Estimate*

$ 7,237

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Multi-Family Home for sale in Brooklyn, NY

for $1,160,000 with 5 bedrooms and 3 full baths. This 2,160 square foot home was built in 1899 on a lot size of 0.067149.

Discover a distinguished investment opportunity in this meticulously curated three-family brick townhouse, a property that masterfully blends sophisticated urban living with exceptional financial performance. Fully vacant for immediate possession, this asset allows the new owner to set market-rate rents from day one. Situated on a massive and rare 20x150 lot—offering 50% more land than standard properties—it promises both a premium lifestyle and outstanding, immediate yield. The elegant layout begins with a spacious three-bedroom home featuring a charming back porch that opens to an exceptionally large, private yard, creating a seamless indoor-outdoor oasis. The second floor hosts two sun-drenched one-bedroom residences, each illuminated by architecturally significant skylights and featuring updated kitchens and refinished hardwood floors. Adding tremendous value is the fully finished, multi-access basement—a versatile space with a private entrance, perfect for additional income potential* or as an entertainer's paradise. Combining turnkey updates, a prime transit-centric location just blocks from the J/Z lines, and the unparalleled luxury of expansive outdoor space, this is a rare, vacant investment poised for maximum returns. For a private, exclusive viewing, contact us today.

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Multi-Family Pending

Price

$ 1,160,000

Bedrooms

5

Full Bath

3

Property Type

Multi-Family

Taxes

$ 6,850

Style

Triplex

Lot Size

0.067149

Year Built

1899

Town/City

Brooklyn

County/Region

Kings

MLS | Web ID

923274

Features
Interior
Interior Amenities High Ceilings
Basement Finished Full
Flooring Hardwood
Total Fireplaces 0
Basement Features Finished Full
Basement (Y/N) Y
Total Bedrooms 5
Total Baths 3
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General
Sewer Public Sewer
Heating Hot Water Natural Gas
Cooling None
Utilities Electricity Connected Natural Gas Connected
Construction Materials Brick
Year Built 1899
Property Subtype Triplex
Tax Year 2025
Parcel Number 04135-0022
County Kings (Brooklyn)
Property Type Residential Income
Garage Y/N N
Full Baths 3
Directions Nichols ave and Ridgewood Ave
High School Academy For Young Writers
City New York
Senior Community Y/N N
High School District Brooklyn 19
Number Of Units Total 3
Carport Y/N N
Property Attached Y/N N
Tax Annual Amount 6850
Showing Instructions Send pof and preapproval to kammy at 9174204420 or Ana at 3472488935.
Middle/Junior High School Academy For Young Writers
Additional Parcels Y/N N
Structure Type Townhouse
Building Area Units Square Feet
Standard Status Pending
Middle/Junior School District Brooklyn 19
Elementary School District Brooklyn 19
Tax Lot 22
Year Built Effective 2017
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Exterior
Parking Features None None
Water Source Public
Spa N
Building Area Total 2160
Waterfront Y/N N
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Internal Only
Street Number 1 197
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* Excluded Features
List By
Kammy Xiao Nguyen CBR

Listing Agent

Keller Williams Landmark Ii

Broker

347-846-1200

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Affordability Calculator

$7,808
Per Month
93%
7%
0%
Monthly Principal & Interest
$7,237
Monthly Property Taxes
$571
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4099623 Elementary School
4100945 Middle School
Academy For Young Writers High School High School
Pricing History
DatePricePrice ChangeDescription
10/10/2025$1,160,000 Listed Price

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197 Nichols Avenue, Brooklyn, NY, 11208 is a Multi-Family Home for sale at $1,160,000 with 2,160 sqft and a lot size of 0.067149. 197 Nichols Avenue has 5 bedrooms, 3.0 baths, and was built in 1899. The property's zip code is 11208 which is in Brooklyn, NY