Buy with Yoreevo
$1,326,375
List Price: $1,350,000
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255 Saint Nicholas Avenue
House in Bushwick •  building info
studio • 2,400ft² $563 per ft²
Buy with Yoreevo

$1,326,375

List Price

$1,350,000

Key Details
Days on market
36
Last price change
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Estimated payment
$8,972/mo
Taxes
$1,491/mo
Maintenance
N/A
Description
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

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Building amenities
Services and facilities
Parking Available
Building info

History
What it'll cost
Purchase price
$1,350,000
Asking Price: $1,350,000
Term
30 Years
Down Payment
$135,000 (10%)
Min: 10% (135,000)
Rate
6.25 %
Mortgage Amount
$1,215,000
Mortgage Payment
$7,481
Taxes
$1,491
Estimated Yoreevo rebate
$23,625
Estimated closing cost
$49,000
Total monthly cost $8,972
Buy your dream home with us and get an estimated $23,625 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of Daniel Gale Sothebys Intl Rlty

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