PENDING
$25K PRICE INCREASE
229 Nichols Ave Brooklyn, NY 11208
Cypress Hills NeighborhoodEstimated payment $5,221/month
Total Views
1,856
--
Bed
--
Bath
2,500
Sq Ft
$340
Price per Sq Ft
Highlights
- Pre War Building
- Intercom
- Window Unit Cooling System
About This Home
Look no further, this is what you have been looking for! Welcome to 229 Nichols Avenue in the Cypress Hills neighborhood of Brooklyn. This multi-family (C0) townhouse is ready for you to customize to suit your needs. The property measures 20ft X 54ft on a 20ft X 125ft lot and set up as a Floor 2: Four-bedroom, one-bathroom over Floor 1: Three-bedroom, one-bathroom over a basement and one bathroom each with living room and kitchen. Major upgrades include a new boiler, updated roof, upgraded electrical and plumbing, and solar panels. The oversized backyard is excellent for gardening as there is deck off the kitchen on the middle floor. Whether you want to create your dream of lovely single-family house or multi-family investment the opportunity is here. Annual taxes approx.: $6,687.00. Transportation include the J,Z trains at 75th St -Eldert Lane, access to the Jackie Robinson Parkway, and multiple bus lines for access to Brooklyn/Queens.
Listing Agent
Keller Williams Realty Empire License #10301209681 Listed on: 11/12/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,062
Year Built
- Built in 1899
Lot Details
- 2,500 Sq Ft Lot
- Lot Dimensions are 20.00 x 125.00
Home Design
- Pre War Building
Interior Spaces
- 2,500 Sq Ft Home
- 2-Story Property
- Intercom
Utilities
- Window Unit Cooling System
Community Details
- Cypress Hills Subdivision
Listing and Financial Details
- Legal Lot and Block 8 / 4135
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $7,010 | $57,180 | $19,320 | $37,860 |
| 2024 | $7,010 | $49,020 | $19,320 | $29,700 |
| 2023 | $4,247 | $47,940 | $19,320 | $28,620 |
| 2022 | $3,761 | $47,940 | $19,320 | $28,620 |
| 2021 | $3,728 | $38,220 | $19,320 | $18,900 |
| 2020 | $3,728 | $40,080 | $19,320 | $20,760 |
| 2019 | $6,084 | $40,080 | $19,320 | $20,760 |
| 2018 | $5,593 | $27,438 | $13,957 | $13,481 |
| 2017 | $5,277 | $25,885 | $17,401 | $8,484 |
| 2016 | $4,882 | $24,420 | $19,320 | $5,100 |
| 2015 | $3,180 | $27,024 | $20,197 | $6,827 |
| 2014 | $3,180 | $25,495 | $19,175 | $6,320 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/18/2025 07/18/25 | Pending | -- | -- | -- |
| 06/26/2025 06/26/25 | Price Changed | $850,000 | +3.0% | $340 / Sq Ft |
| 06/21/2025 06/21/25 | For Sale | $825,000 | 0.0% | $330 / Sq Ft |
| 05/22/2025 05/22/25 | For Sale | $825,000 | 0.0% | $330 / Sq Ft |
| 11/30/2024 11/30/24 | Pending | -- | -- | -- |
| 11/12/2024 11/12/24 | For Sale | $825,000 | -- | $330 / Sq Ft |
Source: Real Estate Board of New York (REBNY)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $175,000 | Stewart Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $158,500 | Unknown | |
| Open | $326,100 | No Value Available | |
| Closed | $160,000 | Unknown | |
| Closed | $169,990 | FHA |
Source: Public Records
Similar Homes in the area
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS11020952
APN: 04135-0008
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