Home » Real Estate » NY » Brooklyn » 11237 » 255 Saint Nicholas Avenue, Brooklyn, NY, 11237
$1,199,000

255 Saint Nicholas Avenue, Brooklyn, NY, 11237

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
Offered By
Lowell Ackerman, Daniel Gale Sothebys Intl Rlty

Property Details

Property Type Commercial
Status Active
Property Sub Type Multi Family
MLS # 934120

Market Trends

New Properties On Market
2
60% Decrease In New Listings
Average Asking Price
$481,500
$230,800 Decrease In Avg Asking Price
Average Days On Market
1
10 Day Decrease In Days On Market
Data as of Jun 04, 2026. Remaining statistics above are calculated on activity within the period from Apr 01, 2026 to May 31, 2026.

Mortgage Calculator
The information provided by this calculator is for illustrative purposes only and accuracy is not guaranteed. The values and figures shown are hypothetical and may not be applicable to your individual situation. Be sure to consult a financial professional prior to relying on the results. This calculator does not have the ability to pre-qualify you for any mortgage or loan program. Qualification for mortgages or loans requires additional information such as credit scores and existing debts which is not gathered in this calculator. Information such as interest rates and pricing are subject to change at any time and without notice. All information such as interest rates, taxes, insurance, monthly mortgage payments, etc. are estimates and should be used for comparison only.


Purchase Price
Loan Type
Down Payment
HOA Dues
Interest Rate
Estimated Property Taxes
Homeowner's Insurance
Private Mortgage Insurance

Details provided by OneKey and may not match the public record. Information Copyright 2025, All Rights Reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.