197 Nichols Avenue, Brooklyn, NY 11208
Local realty services provided by:Better Homes and Gardens Real Estate Dream Properties
197 Nichols Avenue,Brooklyn, NY 11208
$1,160,000
- 5 Beds
- 3 Baths
- 2,160 sq. ft.
- Multi-family
- Active
Listed by:kammy xiao nguyen cbr
Office:keller williams landmark ii
MLS#:923274
Source:OneKey MLS
Price summary
- Price:$1,160,000
- Price per sq. ft.:$537.04
About this home
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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Home facts
- Year built:1899
- Listing ID #:923274
- Added:1 day(s) ago
- Updated:October 11, 2025 at 11:42 AM
Rooms and interior
- Bedrooms:5
- Total bathrooms:3
- Full bathrooms:3
- Living area:2,160 sq. ft.
Heating and cooling
- Heating:Hot Water, Natural Gas
Structure and exterior
- Year built:1899
- Building area:2,160 sq. ft.
- Lot area:0.07 Acres
Schools
- High school:Academy For Young Writers
- Middle school:Academy For Young Writers
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,160,000
- Price per sq. ft.:$537.04
- Tax amount:$6,850 (2025)
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