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197 Nichols Avenue, Brooklyn, NY 11208

Beds
5
Baths
3
Sqft
2,160

View property features, location on map, relevant school information and overview from seller's agent.

Listed byKeller Williams Landmark II
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Overview

Discover a distinguished investment opportunity in this meticulously curated three-family brick townhouse, a property that masterfully blends sophisticated urban living with exceptional financial performance. Fully vacant for immediate possession, this asset allows the new owner to set market-rate rents from day one. Situated on a massive and rare 20x150 lot—offering 50% more land than standard properties—it promises both a premium lifestyle and outstanding, immediate yield.
The elegant layout begins with a spacious three-bedroom home featuring a charming back porch that opens to an exceptionally large, private yard, creating a seamless indoor-outdoor oasis. The second floor hosts two sun-drenched one-bedroom residences, each illuminated by architecturally significant skylights and featuring updated kitchens and refinished hardwood floors. Adding tremendous value is the fully finished, multi-access basement—a versatile space with a private entrance, perfect for additional income potential* or as an entertainer's paradise.
Combining turnkey updates, a prime transit-centric location just blocks from the J/Z lines, and the unparalleled luxury of expansive outdoor space, this is a rare, vacant investment poised for maximum returns.
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Location

Full feature list

Basic info

Property type
Multi-family
Number of bedrooms
5
Number of bathrooms
3
Square feet
2,160
Year built
1899

Interior features

Basement
Yes, Finished

Utilities

Heating
Hot water, Natural gas
Cooling
None
Sewer
Public sewer
Water
Public

Taxes

Tax Annual Amount
$6,850

Public schools

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Sourced from: Onekey MLS MLS®#: 923274 Last checked:

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