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.
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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
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: Onekey MLS MLS®#: 923274 Last checked: …

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