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
Listing By
Agency Name: Daniel Gale Sothebys Intl Rlty
Agency Contact: 631-921-2918
Shown By
Agency Title: Coldwell Banker American Homes
Agency Phone: 866-831-4443
255 Saint Nicholas Avenue | MLS# 934120
This commercial property located at 255 Saint Nicholas Avenue, Brooklyn, NY 11237 is currently listed for sale with an asking price of $1,199,000. Search Brooklyn real estate on www.cbamhomes.com today.