Share this with your friends
(917) 719-1715
WealthWise Realty
197 Nichols Avenue, Brooklyn, NY 11208
- $995,000
- 5
- BD
- 3
- BA
- Sold Price
- $995,000
- List Price
- $1,160,000
- Status
- CLOSED
- MLS#
- 923274
- Closing Date
- Feb 10, 2026
- Year Built
- 1899
- Bedrooms
- 5
- Bathrooms
- 3
- Acres
- 0.07
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.
/u.realgeeks.media/wealthwiserealty/Logo-1_1-min.png){kind=logo}
Additional Information
- Taxes
- $6,850
- Lot Size
- 2,925
- Interior Features
- High Ceilings
- Flooring
- Hardwood
- Heating
- Hot Water, Natural Gas
- Cooling System Type
- None
- Sewer
- Public Sewer
- Water Source
- Public
- Basement
- Finished, Full
- Middle School
- Academy For Young Writers
- High School
- Academy For Young Writers
How much is your home worth?
...get instant property value now!
Mortgage Calculator
Listing courtesy of Listing Agent: Kammy Xiao Nguyen CBR (kammyxiao@KW.com) from Listing Office: Keller Williams Landmark II.
Listing courtesy of Kammy Xiao Nguyen CBR from Keller Williams Landmark II
Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.