229 Nichols Avenue, Brooklyn, NY, 11208
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 set up like a 2-family townhouse and is ready for you to customize to suit your needs. The property measures 20ft X 54ft on a 20ft X 125ft lot and is set up as: Floor 2: Four-bedroom, one-bathroom over Floor 1: Three-bedroom, one-bathroom over Basement: two-rooms, 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 a deck off the kitchen on the first floor. Whether you want to create your dream of a lovely single-family house or a multi-family investment, the opportunity is here. Annual taxes approx.: $6,687.00. All information provided is believed to be accurate but is not guaranteed. Any prospective purchaser is strongly advised to conduct their own due diligence to verify all details related to the property. Transportation includes the J and 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.
Getting Around
Very Walkable
Very Limited Transit
BikeableSchools
Construction
Condition
- Property condition: Estimated
- Year built: 1899
Materials
- Foundation: Block
- Construction materials: Brick
Notable Dates
- Major remodel year: 2005
Type & Style
- Home type: MultiFamily
- Property subType: Triplex,Multi Family
Interior
Appliances
- Laundry features: In Basement,Laundry Room
Basement
- Has basement: Yes
- Basement: Finished,Walk-Out Access
Bedroom1
- Level: Lower
Bedroom2
- Level: First
Bedroom3
- Level: Second
Features
- Pantry
- Flooring: Carpet,Hardwood
- Attic: None
Heating & Cooling
- Heating features: Natural Gas,Hot Water
- Cooling features: Wall/Window Unit(s)
Property
Details
- Parcel number: 041350008
- Attached to another structure: Yes
- Zoning: R5
- Exclusions: Chandelier(s)
Features
- Levels: Three Or More
- Patio & porch: Deck,Porch
- Exterior features: Garden
- Fencing: Back Yard
Lot
- Lot size: 2,500 sqft
- Features: Near Public Transit,Near School,Near Shops,Level
- Lot size dimensions: 20 x 125
Parking
- Parking features: None
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Heat Wave
- Cold Wave
- Strong Wind
- Winter Weather
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Kings County and New York
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $4,500 | $54,000 |
| Home Insurance * | $325 | $3,900 |
| Property Taxes | $415 | $4,980 |
| Electricity | $246 | $2,954 |
| Total | $5,486 | $65,832 |
Income You'd Need if You Spent...
New York FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-25 | Listed for sale | $890,000 |
| 2026-02-22 | Pending sale | $890,000 |
| 2026-01-18 | Price change | $890,000 |
| 2025-08-16 | Pending sale | $850,000 |
| 2025-08-08 | Contingent | $850,000 |
| 2025-06-26 | Price change | $850,000 |
| 2025-06-11 | Listed for sale | $825,000 |
| 2024-11-30 | Pending sale | $825,000 |
| 2024-11-13 | Listed for sale | $825,000 |
| 1996-09-16 | Sold | $175,000 |
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