$850,000
$25K PRICE INCREASE

Estimated payment $5,261/month

Total Views 1,563
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Deck
  • Wood Flooring
  • Park
  • Property is near public transit
  • Porch
  • Laundry Room

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 is setup like a two-family 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 3: Four-bedroom, one-bathroom over Floor 2: Three-bedroom, one-bathroom over a Floor 1: two-bedroom, 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. Delivered vacant at closing., Additional information: Appearance:Estate,Separate Hotwater Heater:1

Listing Agent

Alana McIntosh

Keller Williams Realty Empire Brokerage Phone: 718-954-8400 License #10301209681 Listed on: 11/13/2024

Keller Williams Realty Empire

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,687

Year Built

  • Built in 1899 | Remodeled in 2005

Lot Details

  • 2,500 Sq Ft Lot
  • Lot Dimensions are 20x125
  • Back Yard Fenced
  • Level Lot

Home Design

  • Triplex
  • Brick Exterior Construction

Interior Spaces

  • 3-Story Property
  • Finished Basement
  • Walk-Out Basement
  • Laundry Room

Flooring

  • Wood
  • Carpet

Outdoor Features

  • Deck
  • Porch

Location

  • Property is near public transit

Schools

  • Brooklyn Gardens Elementary School
  • Is 171 Abraham Lincoln Middle School
  • Cypress Hills Collegiate Prep High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Exclusions: Chandelier(s)
  • Legal Lot and Block 8 / 4135
  • Assessor Parcel Number 04135-0008

Community Details

Overview

  • 3 Units

Recreation

  • Park

Building Details

  • 4 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,687

Year Built

Built in 1899 | Remodeled in 2005

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Triplex
  • Property Condition: Estimated
  • Levels: Three Or More
  • Exclusions: Chandelier(s)
  • Year Built: 1899
  • Year Built Effective: 2005
  • Attribution Contact: 718-954-8400
  • Structure Type: Townhouse
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2005

Interior Features

  • Interior Amenities: Pantry
  • Flooring: Carpet, Hardwood
  • Basement: Finished, Walk-Out Access
  • Basement YN: Yes

Exterior Features

  • Construction Materials: Brick
  • Fencing: Back Yard
  • Pool Private: No
  • Spa: No
  • Patio and Porch Features: Deck, Porch

Garage/Parking

  • Garage: No
  • Parking Description: None

Utilities

  • Cooling: Wall/Window Unit(s)
  • Heating: Natural Gas, Hot Water
  • Laundry Features: In Basement, Laundry Room
  • Sewer: Public Sewer
  • Utilities: Trash Collection Public
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Park
  • Senior Community: No
  • Association: No

Schools

  • Middle School: Is 171 Abraham Lincoln

Lot Info

  • Lot Dimensions: 20x125
  • Lot Size Sq Ft: 2500
  • Lot Features: Near Public Transit, Near School, Near Shops, Level
  • Parcel Number: 04135-0008
  • Property Attached: Yes
  • Additional Parcels: No
  • Zoning: R5

Green Features

  • Green Energy Generation: Solar

Rental Info

  • Lease Considered: No
  • Tenant Pays: Electricity, Gas

Multi Family

  • Units Total: 3
  • Separate Electric Meters: 4
  • Separate Gas Meters: 3

Tax Info

  • Tax Annual Amount: 6687
  • Tax Block: 4135
  • Tax Lot: 8

MLS Schools

  • Elementary School: Brooklyn Gardens Elementary School
  • High School: Cypress Hills Collegiate Prep School
  • Middle School District: Brooklyn 19

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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: OneKey® MLS

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

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Source: OneKey® MLS

MLS Number: L3590833

OneKey® MLS

APN: 04135-0008