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197 Nichols Avenue
Brooklyn NY 11208 US

$1,160,000

Active Listing ID 923274
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5 bed
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3.00 Bath (3 Full)
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Triplex

$1,160,000

Active Listing ID 923274
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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.

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Property Features

  • Facts
  • Property Type: Residential Multi Family
  • Property Sub-type: Triplex
  • Features
  • Full Bathrooms: 3
  • Floor Covering: Hardwood
  • Heating Fuels: Hot Water (Heating), Natural Gas

School Information

  • School
  • Academy For Young Writers(MiddleSchool)
  • Academy For Young Writers(HighSchool)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Triplex
  • listprice: 1160000
  • unparsedaddress: 197 Nichols Avenue
  • postalcity: Brooklyn
  • stateorprovince: NY
  • country: US
  • postalcode: 11208
  • bathroomsfull: 3
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 2160
  • livingareaunits: Square Feet
  • listagentfullname: Kammy Xiao Nguyen CBR
  • listagentemail: kammyxiao@KW.com
  • listagentkey: 3yd-MLSLINY-177249
  • listagentmlsid: 177249
  • listagentpreferredphone: 3478461200
  • listagentofficephone: 3478461200
  • listofficekey: 3yd-MLSLINY-KLRW01
  • listagentstatelicense: 10401263775
  • listofficemlsid: KLRW01
  • disclaimer: Copyright © 2025 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MLSLINY
  • yearbuilt: 1899
  • listingcontractdate: 2025-10-10
  • listagenturl: http://www.kwnyhomes.com
  • countyorparish: Kings (Brooklyn)
  • parcelnumber: 04135-0022
  • highschool: Academy For Young Writers
  • elementaryschooldistrict: Brooklyn 19
  • middleorjuniorschooldistrict: Brooklyn 19
  • highschooldistrict: Brooklyn 19
  • constructionmaterials: Brick
  • flooring: Hardwood
  • heating: Hot Water (Heating), Natural Gas
  • numberofunitstotal: 3
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • waterfrontyn: False
  • franchiseaffiliation: Keller Williams Realty
  • interiorfeatures: High Ceilings
  • architecturalstyle: Other
  • rooms: Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Keller Williams Landmark II", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"frontdesk881@kw.com", "ListBrokerageCity":"Jackson Heights", "ListBrokerageCountry":"US", "ListBrokerageEmail":"ssoric@kw.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/MLSLINY/25515a01f12411e0911d00219b994c72/20111007173754523.png", "ListBrokerageName":"Keller Williams Landmark II", "ListBrokeragePhone":"347-846-1200", "ListBrokeragePostalCode":"11370", "ListBrokerageStateOrProvince":"NY", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"7535 31st Ave", "ListBrokerageWebsiteUrl":"http://www.kwnyhomes.com", "ListOfficeAddress1":"7535 31st Ave Ste 202", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"9030875", "ListOfficeCity":"Jackson Heights", "ListOfficeCountry":"US", "ListOfficeEmail":"sold@teamshameer.com", "ListOfficePostalCode":"11372", "ListOfficeStateOrProvince":"NY", "ListPriceCurrencyType":"USD", "ListingTitle":"Triplex - Brooklyn, NY", "ListingURL":"https://listings.listhub.net/pages/MLSLINY/923274/?channel=rexren", "MLSModificationTimestamp":"2025-10-19T15:09:53Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":"Triplex", "RawPropertyType":"Residential Income", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":6850, "TaxDescription":null, "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 10/23/2025 7:08:34 PM GMT
Source Updated Date: 12/5/2025 6:42:08 PM GMT

Courtesy of: Kammy Xiao Nguyen CBR, Keller Williams Landmark II, kammyxiao@KW.com

Copyright © 2025 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.