70 Nichols Avenue, Brooklyn, NY 11208
Local realty services provided by:ERA Top Service Realty
70 Nichols Avenue,Brooklyn, NY 11208
$900,000
- 8 Beds
- 4 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: emmanuel victor
Office: gosen properties
MLS#:504421
Source:BROOKLYN
Price summary
- Price:$900,000
About this home
Investment Opportunity – Two-Family in Cypress Hills
Excellent investment opportunity at 70 Nichols Avenue, Brooklyn, NY 11208!
This two-family property offers a desirable 4-bedroom over 4-bedroom configuration, providing investors with substantial rental-income potential and long-term flexibility.
Both residential apartment has its own electric meter, gas meter, and dedicated A. O. Smith hot-water tank, giving each unit independent utility service and helping simplify property management.
The property has benefited from significant infrastructure and capital improvements, including updated electrical wiring throughout the first floor, second floor, and basement; three electrical panels; extensive basement plumbing and drainage upgrades; foundation waterproofing; exterior concrete and sidewalk improvements; and an approximately 3-year-old roof. The property also features forced-air heating with ductwork throughout and a private security camera system.
Additional improvements include an enhanced roof rainwater drainage system that directs runoff toward the rear yard, which, according to the owner, was completed and approved by the Building Department.
The basement provides two separate sections with front and rear entrances, a dedicated electrical panel, tile flooring throughout much of the space, and upgraded rear stone steps. Interior access from the first floor leads through to the private backyard with a detached storage shed.
For the investor looking to acquire a legal Brooklyn two-family with large residential units, separately metered utilities, numerous major improvements already completed, and strong income-producing potential, 70 Nichols Avenue deserves serious consideration.
Whether added to an existing portfolio or purchased as an owner-occupied investment, this property offers the combination investors look for: space, utility separation, infrastructure improvements, rental potential, and long-term value....
Contact an agent
Home facts
- Listing ID #:504421
- Added:37 day(s) ago
- Updated:October 18, 2026 at 02:43 AM
Rooms and interior
- Bedrooms:8
- Total bathrooms:4
- Full bathrooms:4
- Rooms Total:10
- Flooring:Ceramic, Hardwood
- Bathrooms Description:1 Bathroom(s) on Level 1, 1 Bathroom(s) on Level 2
- Kitchen Description:Disposal, Refrigerator, Stove
- Bedroom Description:4 Bedroom(s) on Level 1, 4 Bedroom(s) on Level 2
- Basement Description:Finished, Full
Heating and cooling
- Heating:Ductless/Split, Gas
Structure and exterior
- Roof:Flat
- Lot area:0.05 Acres
- Construction Materials:Vinyl Siding
- Exterior Features:Back Yard
- Foundation Description:Poured Concrete
- Levels:2 Stories
Finances and disclosures
- Price:$900,000
Features and amenities
- Laundry features:Laundry Area
Parking
- Parking description:1 Space
New listings near 70 Nichols Avenue
- New
$1,739,000Active-- beds 2 baths2,400 sq. ft.1350 East 15th Street, Brooklyn, NY 11230
MLS# 505429Listed by: REAL BROKER NY LLC - New
$719,000Active3 beds 3 baths1,132 sq. ft.678 Belmont Avenue, Brooklyn, NY 11207
MLS# 505427Listed by: GOSEN PROPERTIES - Open Sun, 1 to 3pmNew
$718,700Active4 beds 4 baths3,685 sq. ft.11212 S Fir Avenue W, Jenks, OK 74037
MLS# 2637436Listed by: KELLER WILLIAMS ADVANTAGE
$1,499,000Active9 beds 7 baths3,756 sq. ft.933 Cleveland Street, Brooklyn, NY 11208
MLS# 951598Listed by: OUR COMMUNITY REALTY LTD
$1,499,000Active9 beds 7 baths3,723 sq. ft.929 Cleveland Street #00000000000000000, Brooklyn, NY 11208
MLS# 951599Listed by: OUR COMMUNITY REALTY LTD- New
$860,000Active3 beds 3 baths1,400 sq. ft.4588 Kings Highway, Brooklyn, NY 11234
MLS# 1063828Listed by: COMPASS GREATER NY LLC - New
$779,000Active2 beds 2 baths1,235 sq. ft.3425 Guider Avenue #3A, Brooklyn, NY 11235
MLS# 505424Listed by: LUXE REAL INC - Open Sun, 2 to 4pmNew
$1,800,000Active7 beds 4 baths158 Bay 38th Street, Brooklyn, NY 11214
MLS# 505273Listed by: EFOCUS TEAM REAL ESTATE INC - New
$649,000Active3 beds 2 baths1,132 sq. ft.569 Belmont Avenue, Brooklyn, NY 11207
MLS# 505345Listed by: CENTURY 21 ACHIEVERS - New
$199,000Active-- beds 1 baths450 sq. ft.3060 Ocean Avenue #1X, Brooklyn, NY 11235
MLS# 505418Listed by: GOLDEN REAL