See Home Value
$2,600,000
Commercial - Off Market

253 Saint Nicholas Avenue

Bushwick, NY 11237
bedrooms
Studio
bathrooms
0 Bath
$13,979
Estimated Monthly
$0
HOA / Fees
0.02%
Cap Rate

About This Property

This 8 unit property for sale is a fantastic investment opportunity located in a prime location. The property is well-maintained and offers spacious bedroom in front and back of the units that are perfect for families and young professionals alike. Each unit features 2 separate bedrooms front and back, living room,  kitchen and bathroom.   This property also has a solid rental history and is currently fully occupied, making it an ideal investment opportunity for those looking to generate steady rental income.
Unit Size
-
Days on Market
-
Land Size
0.06 acres
Price per sqft
-
Property Type
Commercial
Property Taxes
$1,213
HOA Dues
-
Year Built
1931
Last updated: 10 days ago (OneKey MLS #ONE3471994)

Price History

Date / Event Date Event Price
Apr 18, 2024 No longer available -
No longer available
Oct 17, 2023 Price Decreased $2,600,000
↓ $200K (7.1%)
Price Decreased
Apr 17, 2023 Listed by Real Broker NY LLC $2,800,000
Listed by Real Broker NY LLC

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1931
  • Building Count: 1
  • Floor Count: 4
  • Total Unit Count: 8
  • Residential Unit Count: 8
  • Basement Type: 0

    Dimensions

  • Lot Area Sqft: 2,400
  • Lot Size Depth Feet: 90
  • Lot Size Frontage Feet: 27
  • Building Depth: 70
  • Building Frontage: 27
  • Gross Building Area: 7,467

    Building Floor Area

  • Residential Building Floor Area: 7,467

    Floor Area Ratio

  • Built Floor Area Ratio: 3
  • Residential Floor Area Ratio: 2
  • Facilities Floor Area Ratio: 5

Building

  • Building Type: C1
  • Lot Type: 5
  • Land Use: 02
  • Irregular Lot Code: N
  • Extension Code: N

Neighborhood

  • Community District: 304
  • City Council District: 37
  • Police Precinct: 83
  • Fire Company: E271
  • Health Area: 3300
  • Sanitation District Borough: 3
  • Sanitation Subsection: 2B
  • School District: 32

Zoning

  • Split Boundary Zone Indicator: N
  • Zoning: R6

Geography

  • Borough Name: BK
  • Borough Code: 3
  • Block: 3312
  • Lot: 4
  • Borough Block Lot: 3033120004

    Address

  • Full Address: 253 St Nicholas Avenue
  • Zip Code: 11237

Valuation

    Assessments Valuation

  • Assessed Total Value: $533,700
  • Assessed Land Value: $10,800

    Exemptions

  • Exempt Total Value: $0
  • Exempt Land Value: $0



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Commercial
Loft
-
-
$2,500,000 Mar 17, 2022
$2,500,000 Aug 19, 2022
$1,289/mo
Commercial
Loft
-
-
$2,525,000 Nov 12, 2021
$2,525,000 Apr 12, 2022
-
Commercial
Loft
-
-
$2,835,000 Jan 10, 2020
$2,835,000 Nov 13, 2020
$1,224/mo
Commercial
Loft
-
-
$3,150,000 Sep 27, 2021
$3,150,000 May 5, 2022
-
Building Sale
Stu
-
-
$2,750,000 Nov 15, 2021
- Apr 8, 2022
$3,013/mo
Townhouse
Stu
-
-
$2,450,000 Jan 24, 2020
$2,450,000 Feb 7, 2022
$211/mo
Commercial
Loft
-
-
$2,749,000 Nov 22, 2022
-
-
Commercial
Loft
-
-
$2,500,000 Dec 6, 2022
-
-
Other
Loft
-
-
$2,999,999 Apr 12, 2023
-
-
Townhouse
Stu
-
-
$3,000,000 Apr 19, 2023
-
-
Multifamily
3 Beds
2 Baths
-
$2,788,000 Mar 2, 2023
-
$1,266/mo
Multifamily
8 Beds
4 Baths
-
$2,720,000 Sep 29, 2020
-
$1,011/mo

About Northern Brooklyn


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Frequently Asked Questions

When was property at 253 St Nicholas Avenue built and last sold?
The property at 253 St Nicholas Avenue was built in 1931 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 253 St Nicholas Avenue is $2,626,000.
What are some comparable homes to 253 St Nicholas Avenue?
Homes that are comparable to 253 St Nicholas Avenue include a commercial property at 144 Wyckoff Avenue, a other property at 17-01 Gates Avenue, a townhouse property at 263 Weirfield Street.

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