253 Saint Nicholas Avenue Brooklyn, NY $ 1,350,000
253 Saint Nicholas Avenue
$ 1,350,000
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253 Saint Nicholas Avenue

Brooklyn, NY, 11237
$ 1,350,000
Bedrooms-- Baths-- Sq 7,468

Monthly Estimate*

$ 8,312

253 Saint Nicholas Avenue, Brooklyn, NY 11237 - Image 1
253 Saint Nicholas Avenue, Brooklyn, NY 11237 - Image 2
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Commercial Property for sale in Brooklyn, NY

for $1,350,000. This 7,468 square foot building was built in 1931 on a lot size of 0.055073.

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

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Commercial Active

Price

$ 1,350,000

Property Type

Commercial

Taxes

$ 17,806

Style

Multi Family

Lot Size

0.055073

Year Built

1931

Town/City

Brooklyn

County/Region

Kings

MLS | Web ID

950326

Features
General
Sewer Public Sewer
Heating Natural Gas
Cooling Wall/Window Unit(s)
Utilities Electricity Connected
Construction Materials Brick
Year Built 1931
Property Subtype Multi Family
Tax Year 2026
Parcel Number 3312-4
Gross Income 132120
County Kings (Brooklyn)
Property Type Commercial Sale
City New York
Number Of Units Total 8
Property Attached Y/N Y
Tax Annual Amount 17806
Showing Instructions Follow the instruction on broker remark
Building Area Units Square Feet
Standard Status Active
Tax Lot 4
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Interior
Basement Partially Finished Storage Space
Basement Features Partially Finished Storage Space
Basement (Y/N) Y
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Exterior
Parking Features Off Street Off Street
Water Source Public
Building Area Total 7468
Waterfront Y/N N
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Internal Only
Street Number 1 253
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* Excluded Features
List By
Lian Rong Sun CBR SFR

Listing Agent

Keller Williams Rlty Landmark

Broker

718-475-2700

Contact

Affordability Calculator

$9,796
Per Month
85%
15%
0%
Monthly Principal & Interest
$8,312
Monthly Property Taxes
$1,484
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
4101131 Elementary School
4101327 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/12/2026$1,350,000 Listed Price

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253 Saint Nicholas Avenue, Brooklyn, NY, 11237 is a Commercial Property for sale at $1,350,000 with 7,468 sqft and a lot size of 0.055073. 253 Saint Nicholas Avenue was built in 1931. The property's zip code is 11237 which is in Brooklyn, NY