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70 Nichols Avenue

Brooklyn, NY 11208
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Bed 8

Bed

Bath 2.5

Bath

Acres0.05

Acre(Lot)

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 concre te 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.

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Detail Ic Property Details

Property Type : Residential Income

Price : $959,000

AD Id : 91153182

MLS Id : 504421

Beds : 8

Lot Size : 0.05 Acre

Year Built : --

County : Kings

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Feature Features

  • Bedroom Information

    Total beds: 8

    Bathroom Information

    Full Baths: 2 Half Baths: 1

    Room Information

    Rooms Total: 10 Has Basement: Yes Basement: Finished, Full
  • Flooring Information

    Ceramic Tile, Hardwood
  • Roofing Information

    Flat
  • Interior Features

    Roof: Flat Appliances: Gas Water Heater, Disposal, Refrigerator, Cooktop
  • Heating & Cooling

    Has Heating: Yes Heating: Natural Gas

  • Building Information

    Construction Materials: Vinyl Siding Stories: 2 Private Pool: No

  • Lot Information

    Lot Dimensions: 88 x 24 Lot Size Acres: 0.05 Lot Size Square Feet: 2071

  • Listing Price Information

    Listing Price: $959000

  • Tax Information

    Tax Lot: 47 Tax Block: 4109

  • Parking Information

    Shared Driveway
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1472 Blake Avenue, Brooklyn, NY, 11208 $1,125,000 6 5 2,950 0.07 Acre
568 Drew Street, Brooklyn, NY, 11208 $1,150,000 8 3 -- --
998 Crescent Street, Brooklyn, NY, 11208 $1,120,000 6 -- -- 0.07 Acre
941 Crescent Street, Brooklyn, NY, 11208 $900,000 6 4 -- 0.07 Acre
774 Lincoln Avenue, Brooklyn, NY, 11208 $650,000 -- -- -- 0.05 Acre
458 Drew Street, Brooklyn, NY, 11208 $1,350,000 7 4 -- 0.05 Acre
789 Autumn Avenue, Brooklyn, NY, 11208 $965,000 -- -- -- --
557 Eldert Lane, Brooklyn, NY, 11208 $1,299,999 7 5 -- --
874 Pine Street, Brooklyn, NY, 11208 $1,250,000 6 5 -- 0.07 Acre
142 Forbell Street, Brooklyn, NY, 11208 $1,350,000 6 2 -- 0.06 Acre

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Brooklyn Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2026 Brooklyn MLS. All Rights Reserved.

ByOwner last updated this listing 09/11/2026 @ 16:26

MLS: 504421 LISTED BY: Emmanuel Victor, Gosen Properties 718-704-0494 SOURCE: Brooklyn Board of REALTORS

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