1. New York
2. Brooklyn
3. 197 Nichols Avenue

197 Nichols Avenue, Brooklyn, NY 11208

• 5 beds |
• 3 baths |
• 2,160 sqft

Property Description

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. For a private, exclusive viewing, contact us today.

Listing Status:

Active

Listing Office:

Keller Williams Landmark II : 347-846-1200

MLS ID:

923274

Interior

• General: High Ceilings
• Basement: FinishedFull
• Flooring: Hardwood
• A/C: None
• Heating: Hot WaterNatural Gas
• Fireplace: Fireplaces: 0

Exterior

• Parking: None

Location

• Originating MLS: onekey2
• School District: Brooklyn 19
• County: Kings (Brooklyn)

Lot

• Zoning: 04135-0022

Utilities

• Utilities: Electricity ConnectedNatural Gas Connected
• Water: Public
• Sewer: Public Sewer

Financial

• Source: onekey2

This listing courtesy of Keller Williams Landmark II