248 St Nicholas Avenue

$1,785,000
Price
11
Beds
3
Baths
3,300 Sq. Ft.
$541 / Sq. Ft.
3,300
Sq. Ft.
$541
per Sq. Ft.

Description

St. Nicholas Avenue is a versatile 3-family home in the heart of Bushwick, featuring identical layouts with two units offering an extra bedroom above the main entry foyer. The property, in need of some TLC, includes a tenant-occupied second-floor unit (lease until March, $2,800/month), a semi-finished basement with dual access points, and a backyard exclusive to the first-floor unit. Situated in an R6 zoning district with a maximum FAR of 2.43 (current FAR 1.83), the property may offer buildable...St. Nicholas Avenue is a versatile 3-family home in the heart of Bushwick, featuring identical layouts with two units offering an extra bedroom above the main entry foyer. The property, in need of some TLC, includes a tenant-occupied second-floor unit (lease until March, $2,800/month), a semi-finished basement with dual access points, and a backyard exclusive to the first-floor unit. Situated in an R6 zoning district with a maximum FAR of 2.43 (current FAR 1.83), the property may offer buildable opportunities—buyers should verify with their architect or contractor. Conveniently located near the M and L trains at Myrtle-Wyckoff and the B38, B54, and Q58 buses, this is an excellent investment or owner-occupant opportunity. Schedule a viewing today!

Amenities

  • Walk Up
  • Foyer
  • Voice Intercom
  • Basement
  • Private Outdoor Space
  • Gas Heat
  • Full Basement
  • Parking Included

Open Houses

Sunday, Jan 12th

2:00 PM - 3:00 PM

Public

LISTING UPDATED: 01/06/2025 05:09 PM

Property Details for 248 St Nicholas Avenue

StatusActive
MLS ID488317
Days on Market4
Taxes$5,983 / year
Maintenance-
Min. Down Pymt-
Total Rooms17.0
Compass TypeTownhouse
MLS TypeResidential
Year Built1931
Lot Size1,800 SF / 20' x 90'
CountyKings County

Building

248 St Nicholas Ave

3 Units3 StoriesBuilt in 1931

Building Information for 248 St Nicholas Avenue

Stories3Residences3Year Built1931Building Size20' x 55'Building Sq. Ft3,300 SFLot Size1,800 SF / 20' x 90'Building Age-Building Type-

Property Information for 248 St Nicholas Avenue

Summary
Location and General Information
  • Block: 3311
  • Cross Street Name: Bleecker St
  • Cross Street Name: Menahan St
  • Zoning: R6
  • Roof: Flat
  • Water Front Present YN: No
  • Residential Features: Patio Garden, Refrigerator, Stove
  • Open House Public Upcoming: Public: Sun Jan 12, 2:00PM-3:00PM
  • Open House Upcoming: Public: Sun Jan 12, 2:00PM-3:00PM
Parking
  • Parking Attributes: None
  • Parking Feature Single: None
Taxes and HOA Information
  • Financing: 1031 Exchange, Bank Mortgage, Cash
  • Tax Amount: 5983.0
  • Gross Expense: 11783.0
  • Gross Income: $33,600.00
  • Cap Rate: .01%
Property
Lot Information
  • Sq Ft Total: 3300
  • Yard: Back, Fenced - Full
  • Lot Number: 29
  • Lot Size Irregular YN: No
  • Lot Size Length: 90
  • Lot Size Width: 20
Utilities
  • Heat Delivery: Steam/Radiator
  • Heating Fuel: Gas
  • AC Units: 0
  • Hot Water: Gas
  • Utility Expense: 0.0
  • Fuel Expense: 0.0
Interior and Exterior Features
Interior Features
  • Basement Amenities: Finished, Full, Separate Entrance
  • Baths Three Quarter: 0.0
  • Baths Total Level 1: 1
  • Baths Total Level: 1
  • Total Rooms: 17
  • Foundation Details: Poured Concrete
  • Flooring: Hardwood, Laminate, Linoleum, Tile
  • Unit Count: 3
  • Building Amenities: NONE
  • Style: Other
  • Construction Materials: Brick
  • Electric: 110 V, 220 V
  • Baths Total Level: 1
  • Beds Total Level: 3
  • Beds Total Level: 4
  • Beds Total Level: 4
Exterior Features
  • Exterior: Brick
  • Handicap Access YNU: No
Multi Family
Multi-Family Information
  • Building Footprint Sq Ft: 1100.0
  • Building Length: 55.0
  • Building Type: Attached
  • Building Width: 20.0
  • Rooms Total Level 1: 5
  • Rooms Total Level 2: 6
  • Rooms Total Level: 6
Unit 1
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0.0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 3
  • Unit Category: Apt
  • Unit Floor: 1
  • Unit Rooms Total: 5
  • Unit Status: Owner Occupied
  • Unit Unit Type: 3 Bedrooms
Unit 2
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0.0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 4
  • Unit Category: Apt
  • Unit Floor: 2
  • Unit Rooms Total: 6
  • Unit Status: Leased
  • Unit Unit Type: 4+ Bedrooms
Unit 3
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 4
  • Unit Category: Apt
  • Unit Floor: 3
  • Unit Rooms Total: true
  • Unit Status: Vacant
  • Unit Unit Type: 4+ Bedrooms
Agent
Agent Information
  • Net Operating Income: 21817.0
Sale and Listing
  • Sale Type: Arm's Length
Rental
Rental Information
  • Insurance Expense: 2600.0
  • Owner Occupied: No
  • Rent Income: 33600.0

Property History for 248 St Nicholas Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 248 St Nicholas Avenue

Taxable ValueLand$11,580Additions$48,960Total$60,540
Home Facts
Total Finished SqFt3,300 SqFtLot Size1,800 SqFtYear Built1931ZoningR6APN3033110029

Schools near 248 St Nicholas Avenue

This home is within Nyc Geog District #32 - Brooklyn.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 6 to 12
Public - 9 to 12
Rating
School
Distance
P.S. 86 The Irvington
PublicK to 5

Jhs 162 The Willoughby
Public6 to 8

All City Leadership Secondary School
Public6 to 12

Academy for Environmental Leadership
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Neighborhood Map and Transit

Similar Homes

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248 St Nicholas Avenue is a townhouse for sale in Bushwick. This property was listed for sale on January 2, 2025 by RE/MAX Edge, it's currently listed at $1,785,000. This listing's school district is Nyc Geog District #32 - Brooklyn. Nearby schools include P.S. 86 The Irvington, Jhs 162 The Willoughby and All City Leadership Secondary School. 248 St Nicholas Avenue is a 11-bed, 3-bath, 3,300 sqft townhouse built in 1931.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Edge

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., 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. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2025, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2025 The Real Estate Board of New York, Inc., All rights reserved.