321 Milford Street
Brooklyn, NY 11208
Cross street:Sutter Avenue

Building

Type:Townhouse
Era:Post-war
Floors:2

Property

Ownership: Multi-Family
Rooms: 24
Bedrooms: Studio
Pets: Unknown

Financials

Price:$1,550,000
Real estate tax:$3,648
Listing Courtesy of Brooklyn Real Property Inc

Brooklyn Milford Street Solid BRICK semi attached legal 4 family with 2 three bedroom amp ; 2 Two bedroom apartment with huge living room amp ; open plan modern kitchen ...

Description

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

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

Expenses

Tax$ 6,200

Water$ 3,484

Gas$ 5,018

Electric$ 580

Total: $15,282

Amenities

Driveway;
  • Voice Intercom

OLR IDX

RLS Data display by Nest Seekers LLC.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.