197 Nichols AVE, Brooklyn, NY 11208
$995,000
$1,160,000
14.2%
Est.Price: ?

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5 BD
3 BA

197 Nichols AVE Brooklyn, NY 11208

Est. payment /mo
SOLD DATE : 02/10/2026

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Key Details

Sold Price $995,000

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 923274

Sold Date 02/10/26

Bedrooms 5

Full Baths 3

Rental Info No

Year Built 1899

Annual Tax Amount $6,850

Lot Dimensions 19.5x150

Property Sub-Type Triplex

Source onekey2

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.
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Location

State NY

County Kings (brooklyn)

Rooms

Basement Finished, Full

Interior

Interior Features High Ceilings

Heating Hot Water, Natural Gas

Cooling None

Flooring Hardwood

Fireplace No

Exterior

Parking Features None

Utilities Available Electricity Connected, Natural Gas Connected

Garage false

Private Pool No

Building

Sewer Public Sewer

Water Public

Structure Type Brick

Schools

Middle Schools Academy For Young Writers

High Schools Brooklyn 19

School District Brooklyn 19

Others

Senior Community No

Special Listing Condition None

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OneKey MLS/ Hudson Gateway (HGAR)/ Long Island MLS (MLSLI)/ Mid Hudson MLS
Listed by Keller Williams Landmark II • Kammy Xiao Nguyen CBR
Bought with Keller Williams Landmark II

Nearby Locations

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Cynthia McKenna
Cynthia McKenna

Broker Associate | License ID: 10301215748 NY

+1(631) 278-6987 | cyndimckenna1@gmail.com

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