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$1,160,000

Listing Price

5beds

3baths

2,052sqft

2,925sqft lot

197 Nichols Ave, Brooklyn, NY 11208

Member Features

Find Real Estate Bargain!

  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Off Market

Multi-Family

Home type

--

Price / sqft

1899

Year built

Home Details

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.nThe 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.nCombining 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.nFor a private, exclusive viewing, contact us today.

Interior Details

Square Feet
  • 2052

Bedrooms
  • 5

Bathrooms
  • 3

Heating
  • Has Heating:

    No

  • Heating Type:

    N/A

Cooling
  • Has Cooling:

    No

  • Cooling Type:

    N/A

Fuel
  • Has Fuel:

    No

  • Fuel Type:

    N/A

Basement
  • Has Basement:

    No

  • Basement Type:

    N/A

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 2925

Water
  • No

Sewer
  • No

Parking
  • Type:

    N/A

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    N/A

Deck
  • N/A

Patio
  • N/A

Fence
  • N/A

Pool
  • N/A

Porch
  • N/A

Stoop
  • N/A

Breezeway
  • N/A

Construction Details

Number of Stories
  • 2

Style
  • Triplex

Exterior
  • N/A

Foundation
  • N/A

Roof
  • N/A

Roofing Material
  • N/A

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$6,677

$19,560

$20,580

--%

$40,140

2017

$5,410

$14,241

$13,891

--%

$28,132

2017

$5,410

$16,671

$9,870

--%

$26,541

2016

$5,289

$19,560

$6,900

--%

$26,460

2015

$5,150

$18,622

$7,717

--%

$26,339

2013

$4,026

$18,859

$4,585

--%

$23,444

2012

$3,840

$16,785

$5,333

--%

$22,118

percent-home-icon

Average Home Price in 11208

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percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
1,160,000
$
Down payment
232,000
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
6,960
$
HOA (Monthly)
0
$
PMI
0
$
$7,509
Your Payment
Total Monthly Payment:$7,509
Percent of Income:129%
Affordable:No

Details for 197 NICHOLS AVE

Property Debt

Foreclosure Contact Details