See other homes in:
Primary listing photo
Listing photo 2

302 Nichols Ave, Brooklyn, NY, 11208

--beds
2baths
1,664sqft
$1,050,000
$631price/sqft
$6,457/moest. monthly cost
$258,280/yrincome needed

About This Home

A classic two-family brick home in East New York, offering an investor or owner-occupant two self-contained on a quiet residential block. The property presents straightforward upside for a buyer seeking cash-flowing two-family product in one of Brooklyn's most actively trading submarkets. Highlights: - Two-Family Brick Home in East New York, offering an investor or owner-occupant house-hack or investor rental income. - East New York submarket has show sustained comparable sales activity supporting current pricing - Full-Functioning finished-basement with summer-kitchen and bath. - Attached frame construction, classic Brooklyn two-family layout.

Getting Around

85
WalkingVery Walkable
0
TransitVery Limited Transit
60
BikeBikeable

Schools

Construction

Condition

  • Year built: 1910

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Bedrooms & Bathrooms

  • Bathrooms: 2
  • Full bathrooms: 2

Interior Area

  • Total structure area: 1,664
  • Total interior livable area: 1,664 sqft

Property

Details

  • Parcel number: 041500051
  • Special condition: Resale

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
    Heat WaveRelatively High
  • Cold Wave
    Cold WaveModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Cold Wave
Strong Wind
Winter Weather
Tsunami

FEMA Declared Disasters in Kings County and New York

Flood
Severe Storm
Snowstorm

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

MonthlyAnnual
Mortgage $5,309$63,708
Home Insurance *$384$4,608
Property Taxes $490$5,880
Electricity $274$3,299
Total$6,457$77,484
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$221,382/yr
40% on housing$193,710/yr
45% on housing$172,186/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

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.

Insurance Growth Rate5-year average: 4.2%
4.2%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$631This listing

vs Other Active Listings

Avg $/sqft

ZIP 11208$468
Kings County$697

vs Homes Sold Last Month

Median $/sqft

ZIP 11208$470
Kings County$623

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)

Price History

DateEventPrice
2026-06-23Listed for sale$1,050,000

For Sale by Agent

AgentNeil Dolgin
BrokerageKalmon Dolgin Affiliates Inc.

Similar Homes