253 Saint Nicholas AVE, Brooklyn, NY 11237
253 Saint Nicholas AVE, Brooklyn, NY 11237
253 Saint Nicholas AVE, Brooklyn, NY 11237
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$1,250,000
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Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 950326

Rental Info No

Year Built 1931

Annual Tax Amount $17,806

Property Sub-Type Multi Family

Source onekey2

Property 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

Location

State NY

County Kings (brooklyn)

Rooms

Basement Partially Finished, Storage Space

Interior

Heating Natural Gas

Cooling Wall/Window Unit(s)

Fireplace No

Exterior

Parking Features Off Street

Utilities Available Electricity Connected

Building

Lot Description Back Yard

Sewer Public Sewer

Water Public

Structure Type Brick

Others

Special Listing Condition None


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OneKey MLS/ Hudson Gateway (HGAR)/ Long Island MLS (MLSLI)/ Mid Hudson MLS
Listed by Keller Williams Rlty Landmark • Lian Rong Sun CBR SFR
Nearby Locations

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Haniff Baksh
Haniff Baksh

Broker | License ID: 10311202741

+1(718) 324-6060

4627 White Plains Rd, Bronx, NY, 10470-1612, USA

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253 Saint Nicholas AVE