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70 Nichols Avenue, 
Brooklyn, NY 11208

$959,000


8

Beds


3

Baths


-

Sq Ft


Multi-Family

Active

Listed by

Emmanuel Victor

Gosen Properties

718-704-0494

Last updated:

September 10, 2026, 08:48 PM

MLS#

504421

Source:

BROOKLYN

About This Home

70 Nichols Avenue

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 concrete 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.

Home Facts

Multi-Family

3 Baths

8 Bedrooms

Price Summary

959,000

MLS #:

504421

Last Updated:

September 10, 2026, 08:48 PM

Added:

6 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

8

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

2


Lot

Lot Size (Sq. Ft):

2,071


Finances & Disclosures

Finances

Price:

$959,000

Source:BROOKLYN
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.