197 Nichols Avenue, Brooklyn, NY

$1,160,000

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5

Beds

3

Baths

2,160

Square feet

About 197 Nichols Avenue

Discover a distinguished investment opportunity in this meticulously curated three-family brick townhouse, a property that masterfully blends sophisticated urban living with exceptional financial performance. Fully vacant for immediate possession, this asset allows the new owner to set market-rate rents from day one. Situated on a massive and rare 20x150 lot—offering 50% more land than standard properties—it promises both a premium lifestyle and outstanding, immediate yield. The elegant layout begins with a spacious three-bedroom home featuring a charming back porch that opens to an exceptionally large, private yard, creating a seamless indoor-outdoor oasis. The second floor hosts two sun-drenched one-bedroom residences, each illuminated by architecturally significant skylights and featuring updated kitchens and refinished hardwood floors. Adding tremendous value is the fully finished, multi-access basement—a versatile space with a private entrance, perfect for additional income potential* or as an entertainer's paradise. Combining turnkey updates, a prime transit-centric location just blocks from the J/Z lines, and the unparalleled luxury of expansive outdoor space, this is a rare, vacant investment poised for maximum returns. For a private, exclusive viewing, contact us today.

Features of 197 Nichols Avenue

MLS® # 923274
Price $1,160,000
Bedrooms 5
Bathrooms 3.00
Full Baths 3
Internal Footage 2,160
Square Footage 2925
Acres 0.00
Year Built 1899
Type Residential Income
Sub-Type Triplex
Status Active

Community Information

Address 197 Nichols Avenue
City Brooklyn
County Kings (Brooklyn)
State NY
Zip Code 11208

Amenities

Utilities Electricity Connected, Natural Gas Connected
Parking None
Is Waterfront No
Has Pool No

Interior

Interior Hardwood
Interior Features High Ceilings
Heating Hot Water, Natural Gas
Cooling None
Fireplace No
Has Basement Yes
Basement Finished, Full

Exterior

Construction Brick

School Information

District Brooklyn 19
Middle Academy For Young Writers
High Academy For Young Writers

Additional Information

Date Listed October 10th, 2025
Days on Market 1
Short Sale No
RE / Bank Owned No

Listing Details

Listing Provided Courtesy ofKeller Williams Landmark II
Contact Info347-846-1200

Listing Map

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