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Sold for $1,625,000
  • $1,625,000

    248 Saint Nicholas Ave, Brooklyn, NY 11237

    11beds
    3,300sqft
    Multi Family
    Built in 1931
    -- sqft lot
    $2,056,300 Zestimate®
    $492/sqft
    $3,999 Estimated rent

    Home value

    $2,056,300

    $1.79M - $2.36M

    $3,999/mo

    Zestimate® history
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    $3,999/mo

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    $9,825/mo

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    What's special

    Semi-finished basementIdentical layouts
    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!

    Zillow last checked:

    Listing updated:

    Listed by:

    Daniel Gamil 718-313-0214,

    RE/MAX Edge,

    Ruslan Mingazov 718-313-0214,

    RE/MAX Edge

    Source: BNYMLS,MLS#: 488317MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 11
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Natural Gas, Steam/Radiator
    Appliances
    • Included: Refrigerator, Stove, Gas Water Heater
    Features
    • Flooring: Hardwood, Laminate, Linoleum, Tile
    • Basement: Finished,Full,Separate Entrance
    Interior area
    • Total structure area: 3,300
    • Total interior livable area: 3,300 sqft

    Property

    Parking
    • Parking features: None
    Features
    • Stories: 3
    • Exterior features: Patio Garden
    • Fencing: Full
    Lot
    • Size: 1,800 Square Feet
    • Dimensions: 20x90
    • Features: Back Yard
    Details
    • Foundation area: 1100
    • Parcel number: 033110029
    • Zoning: R6
    • Special conditions: Arm's Length

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Materials
    • Brick
    • Foundation: Concrete Perimeter
    • Roof: Flat
    Condition
    • Year built: 1931

    Utilities & green energy

    • Electric: 110 V, 220 Volts

    Community & HOA

    Community
    • Subdivision: Brooklyn
    Location
    • Region: Brooklyn

    Financial & listing details

    • Price per square foot: $492/sqft
    • Tax assessed value: $1,072,000
    • Annual tax amount: $5,983
    • Date on market: 1/3/2025
    • Cumulative days on market: 47 days
    • Total actual rent: 33600

    Price history

    DateEventPrice
    4/30/2025Sold$1,625,000-9%$492/sqft
    Source: BNYMLS #488317 Report a problem
    2/18/2025Contingent$1,785,000$541/sqft
    Source: StreetEasy #S1748142 Report a problem
    2/18/2025Pending sale$1,785,000$541/sqft
    Source: BNYMLS #488317 Report a problem
    1/3/2025Listed for sale$1,785,000+28.4%$541/sqft
    Source: BNYMLS #488317 Report a problem
    1/1/2019Listing removed$1,390,000$421/sqft
    Source: Jerry Fink Real Estate Inc #3054114 Report a problem
    8/3/2018Listed for sale$1,390,000+584.7%$421/sqft
    Source: Jerry Fink Real Estate Inc #3054114 Report a problem
    11/3/1997Sold$203,000$62/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,196 +4.7%$64,320 +6.2%
    2024$5,917 $60,540 -1.5%
    2023-- $61,440 -8.7%
    2022-- $67,320 -8.8%
    2021-- $73,800 -17.6%
    2020$2,095 +8%$89,520 +24%
    2019$1,939 -62.2%$72,180 +194%
    2018$5,135 +3.4%$24,549 +0.8%
    2017$4,967 +205.4%$24,364 +6%
    2016$1,626 $22,986 +6%
    2015$1,626 +71.7%$21,685 +6%
    2014$947 $20,458
    2013-- $20,458 +0.8%
    2012-- $20,304 +6%
    2011-- $19,155 +6%
    2010-- $18,071 +6%
    2009-- $17,049
    2008-- $17,049 +0.8%
    2007-- $16,920 +6%
    2006-- $15,963 +6%
    2005-- $15,060 +6%
    2004-- $14,208
    2003-- $14,208 +0.8%
    2002-- $14,101 +6%
    2001-- $13,303 +6%
    2000-- $12,550
    Find assessor info on the county website

    Neighborhood: Bushwick

    Nearby schools

    GreatSchools rating