Fully occupied and cash-flowing, this exceptionally well-maintained eight-unit multi-family building is ideally situated in the heart of Bushwick, Brooklyn. Built in 1931, this classic brick building offers timeless curb appeal and solid construction, spanning approximately 7,280 square feet on a 27-foot by 70-foot lot. Each residence features a spacious railroad-style layout of over 900 square feet, with a mix of 1-, 2-, and 3-bedroom, 1-bath apartments. Two units have been recently renovated, offering a seamless blend of historic character and modern upgrades.
The property is fully occupied with steady rental income from rent-stabilized tenants, making it an excellent opportunity for investors seeking long-term stability, strong cash flow, and future upside potential. Conveniently located just four blocks from the L and M subway lines, residents enjoy easy access to Manhattan in under 20 minutes. Zoned R6, the building sits on St. Nicholas Avenue, surrounded by Bushwick’s vibrant mix of cafes, art studios, restaurants, and nightlife, ensuring consistent tenant demand and rental growth.
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In contract
$1,199,000
255 Saint Nicholas Ave, Brooklyn, NY 11237
16beds
7,280sqft
Rental Unit
Built in 1931
-- sqft lot
$1,201,200 Zestimate®
$165/sqft
$-- HOA
What's special
Classic brick buildingSolid constructionTimeless curb appealSpacious railroad-style layout
- 320 days
- 64
- 0
Zillow last checked:
Listing updated:
Listed by:
Daniel Gale Sotheby's International Realty 917-804-5387,
Matthew Weissman
Source: StreetEasy,MLS#: S1800990
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 16
- Bathrooms: 8
- Full bathrooms: 8
Features
- Has fireplace: No
Interior area
- Total structure area: 7,280
- Total interior livable area: 7,280 sqft
Property
Details
- Special conditions: Resale
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Rental Unit
Condition
- Year built: 1931
Community & HOA
Community
- Subdivision: Bushwick
Location
- Region: Brooklyn
Financial & listing details
- Price per square foot: $165/sqft
- Date on market: 11/19/2025
Estimated market value
$1,201,200
$1.14M - $1.26M
$4,688/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/3/2026 | Contingent | $1,199,000$165/sqft |
Source: StreetEasy #S1800990 Report a problem | ||
| 4/1/2026 | Price change | $1,199,000-11.2%$165/sqft |
Source: StreetEasy #S1800990 Report a problem | ||
| 11/19/2025 | Listed for sale | $1,350,000$185/sqft |
Source: StreetEasy #S1800990 Report a problem | ||
Public tax history
Tax history is unavailable.








