#487192, Listing Office: MadisonEstates Sothebys Realty
58 St Nicholas Ave Unit 6 Brooklyn, NY 11237
Property details
About 58 St Nicholas Ave Unit 6
DEAL OF THE CENTURY, CASH DEAL OR HARD MONEY ONLY! Solid six (6)-family rent stabilized building in prime Bushwick area, a lot of potential, building 20x80, lot 20x90, totaling 4,800 sqft interior space. It consists of four 1 bedroom apartments and two 2 bedroom apartments. 7 electric meters and 7 gas meters, new boiler and hot water tank. Annual gross income is approximately $53,000, expense $27,000, and net income $26,000. Sold as is with all paying tenants, fully occupied. Annual property tax is $14,810. Priced to sell. Excellent location, close to all! Buyers are responsible for all violations and are advised to do their own due diligence. SOLD AS IS. Proof of fund required prior to any showing. Any reasonable offer will be considered! All showings and open houses by appointment only
Highlights
Summary
- MLS Number: 486401
- Office Name: RE/MAX Edge
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Last updated on: 4/15/2025, 7:20:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$399,000
58 St Nicholas Ave Unit 6
$4,738
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
6
P.S. 81 Jean Paul Richter School
Public District PK-5
0.2 mi
•559 Cypress Ave
5
P.S. 86 The Irvington School
Public District KG-5
0.4 mi
•220 Irving Ave
4
P.S. 116 Elizabeth L. Farrell School
Public District KG-5
0.4 mi
•515 Knickerbocker Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $32,963. Most Brooklyn, NY residents have annual incomes less than $<35k. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.
Similar homes for sale
This home is located at 58 St Nicholas Ave Unit 6 in Brooklyn, NY and zip code 11237 in the Bushwick neighborhood. Features: 8 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since October 1, 2024 and is currently priced at $399,000.
In March 2025, from all listings sold in Brooklyn, NY there were more than 22 sold above asking price, over 156 sold below and more than 171 were sold right at the asked price. Between February and March 2025, Brooklyn, NY real estate market has seen increase in the number of listings by 3.8%. In March 2025, listings were on the market for 142 days. During the same period, the median list price in this real estate market was $995,066.