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321 Milford St
Brooklyn, NY 11208
Multifamily Property For Sale
·
4 Units
INVESTMENT HIGHLIGHTS
- SEMI ATTACHED BRICK
- ELECTRIC, PLUMBING, BOILER ALL UPDATED
- FREE MARKET RENT
- PRIVATE DRIVE
- NEAR TRAIN
- HIGH QUALITY RENOVATION
EXECUTIVE SUMMARY
Brooklyn Milford Street Solid BRICK semi attached legal 4 family with 2 three bedroom & 2 Two-bedroom apartment with huge living room & open plan modern kitchen! All new plumbing, gas line & electric in entire building! New gas boiler with 75-gallon hot water tank & new rubberize roof! 3,184 sq ft living space Building size 26 wide & 72 deep! High ceiling & Full basement high ceiling with ceramic tile, lots of windows & 2 entrances! On 36 x 100 lot with private drive R5 zoning. 1,332 unused FAR! Low taxes- All market value tenant with high CAP rate! Near A & C train & all buses, shopping plus more! Nothing to do but close & collect rent! FHA Approved buy with 3.5% Down!!
Asking price $1.55ML; Income $139,800-year; Expense-$15,282 NOI-$124,518.00; CAP-8.03%
321 Milford street income & expenses
2026 Income
Apt #1F---- $2,700 2 Bd
Apt#1r------$2,550 1Bd
Apt#2f------$3,800 3Bd
Apt#2R------$2,600 1Bd
Monthly $11,650 Annual $139,800
2026 Expenses
Tax___________$ 6,200
Water_________$ 3,484
Gas___________$ 5,018
Electric________$ 580
Total: $15,282
www.brooklynrealproperty.com/property/321_milford
Asking price $1.55ML; Income $139,800-year; Expense-$15,282 NOI-$124,518.00; CAP-8.03%
321 Milford street income & expenses
2026 Income
Apt #1F---- $2,700 2 Bd
Apt#1r------$2,550 1Bd
Apt#2f------$3,800 3Bd
Apt#2R------$2,600 1Bd
Monthly $11,650 Annual $139,800
2026 Expenses
Tax___________$ 6,200
Water_________$ 3,484
Gas___________$ 5,018
Electric________$ 580
Total: $15,282
www.brooklynrealproperty.com/property/321_milford
PROPERTY FACTS
AMENITIES
SITE AMENITIES
- Fenced Lot
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 4 | - | - |
PROPERTY TAXES
| Parcel Number | 04262-0010 | Improvements Assessment | $170,550 |
| Land Assessment | $13,500 | Total Assessment | $184,050 |
PROPERTY TAXES
Parcel Number
04262-0010
Land Assessment
$13,500
Improvements Assessment
$170,550
Total Assessment
$184,050
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