new - 3 days on rocket

248 Saint Nicholas Ave, Brooklyn, NY, 11237

$1,785,000

Home List Price

$10,000*

Closing Credit

11 Bedrooms
3 Full Baths
Multi

Location

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248 Saint Nicholas Ave, Brooklyn$1,785,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingNone
Year Built1931
HeatingNatural Gas
CoolingNone
BasementYes
MLS #809306
Lot Size0.04 Acres
StatusActive

About 248 Saint Nicholas Ave

248 St. Nicholas Avenue is a versatile 3-family home in the heart of Bushwick, featuring identical layouts with two units offering an extra bedroom above the main entry foyer. The property, in need of some TLC, includes a tenant-occupied second-floor unit (lease until March, $2,800/month), a semi-finished basement with dual access points, and a backyard exclusive to the first-floor unit. Situated in an R6 zoning district with a maximum FAR of 2.43 (current FAR 1.83), the property may offer buildable opportunities—buyers should verify with their architect or contractor. Conveniently located near the M and L trains at Myrtle-Wyckoff and the B38, B54, and Q58 buses, this is an excellent investment or owner-occupant opportunity. Schedule a viewing today!

Property Details

Property Features

Property Information:

  • Year Built: 1931

Listing Office:

  • Office Name: RE/MAX Edge
  • Office Phone: (718) 288-3835

Interior Features

Interior Information:

  • Basement: Yes
  • Interior: Other

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 11

Exterior Features

Parking Information:

  • Parking: None

Lot Features

Lot Information:

  • Lot Size: 0.04 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: None

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,785,000

Tax Information:

  • Annual Amount: $2,095
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Brooklyn, NY.

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Brooklyn, NY

City

Med. Sold Price

$987.3K

Med. Price/SqFt

$714

Avg. Days On Market

88

# of Sold Homes

475

248 Saint Nicholas Ave vs Brooklyn

3 DAYS ON ROCKET

-85 Days

$1,785,000

+$797.6K More

KEY TAKEAWAY

This property is $797.6K more than the Median Sold Price in Brooklyn, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ONEKEY2
  • MLS Number: #809306

Listing Office:

  • Office Name: RE/MAX Edge
  • Office Phone: (718) 288-3835

IDX Listings courtesy of OneKey MLS as distributed by MLS GRID.

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.

IDXThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.

Information Copyright 2025, OneKey™ MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 1/6/2025, 10:56:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 03, 1997Home Sold
$203,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,095$89,520
2019$2,095$89,520
2018$4,321$24,549
2017$1,677$24,364

History based on county public records data.

Payment Calculator

$8,976

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,418

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-793489
6
/10

  • P.S. 81 Jean Paul Richter School

  • 559 Cypress Ave

  • 0.12 miles

  • Public District Grades PK-5

school-card-donut-793490
5
/10

  • P.S. 86 The Irvington School

  • 220 Irving Ave

  • 0.26 miles

  • Public District Grades KG-5

school-card-donut-793491
7
/10

  • Learners and Leaders

  • 378 Seneca Ave

  • 0.32 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $24,915. Typical income of Brooklyn, NY residents is less than $35k annually. Typical family type is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›New York›Kings County›Brooklyn›11237›248 Saint Nicholas Ave

This home is located at 248 Saint Nicholas Ave in Brooklyn, NY and zip code 11237 in the Bushwick neighborhood. This home, which was built in 1931, sits on a 0.04 acre lot. Features: 11 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since January 03, 2025 and is currently priced at $1,785,000.

In December 2024, from all listings sold in Brooklyn, NY there were more than 40 sold above asking price, over 178 sold below and more than 257 were sold right at the asked price. The number of homes for sale in Brooklyn, NY decreased by 10.4% between November 2024 and December 2024. While the average time on the market in December 2024 was 88 days, the median list price was $987,395.

From Rocket Homes Real Estate and based on county public records data.

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