Price Reduced 11.19%
Price History
$1,350,000
11/10/2025
$1,199,000
4/2/2026
255 Saint Nicholas Avenue, Brooklyn, NY, 11237
1931
Fully occupied and cash-flowing, this exceptionally well-maintained eight-unit multi-family building is ideally situated in the heart of Bushwick, Brooklyn. Built in 1931, this classic brick building offers timeless curb appeal and solid construction, spanning approximately 7,280 square feet on a 27-foot by 70-foot lot. Each residence features a spacious railroad-style layout of over 900 square feet, with a mix of 1-, 2-, and 3-bedroom, 1-bath apartments. Two units have been recently renovated, offering a seamless blend of historic character and modern upgrades. The property is fully occupied with steady rental income from rent-stabilized tenants, making it an excellent opportunity for investors seeking long-term stability, strong cash flow, and future upside potential. Conveniently located just four blocks from the L and M subway lines, residents enjoy easy access to Manhattan in under 20 minutes. Zoned R6, the building sits on St. Nicholas Avenue, surrounded by Bushwick’s vibrant mix of cafes, art studios, restaurants, and nightlife, ensuring consistent tenant demand and rental growth
Status:
Active
Type:
Commercial
Units:
8
Heating:
Natural Gas
Cooling:
None
Basement:
Unfinished
Levels:
4
Parking:
On Street
Acreage:
0.06
Est. Taxes:
$17,890
Construction
Brick
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public
Days on Market:
143
MLS #:
934120
Community Info
School Info
Walk Score
Mass Transit
Yelp
Listing courtesy of Daniel Gale Sothebys Intl Rlty 631-921-2918