New York, NY 11207

Property

Ownership: For Sale
Type: Multi-Family
Bedrooms: Studio
Pets: No Pets Allowed
Lot Size: 0.07 Acres

Financials

Price:$2,000,000
Annual Taxes:$14,708.48
578 Driggs Avenue Brooklyn, NY 11211
Listing Courtesy of Coldwell Banker American Homes

757 Miller Ave Brooklyn, NY 11207 The Miller Apartments Discover a lucrative investment at The Miller Apartments in bustling Brooklyn !

Description

757 Miller Ave Brooklyn, NY 11207 - The Miller Apartments Discover a lucrative investment at The Miller Apartments in bustling Brooklyn! This well-maintained 6-unit property offers a diverse unit mix, strong income potential, and a solid 4.3% Cap Rate. With a total NOI of $86,500, this prime multifamily opportunity presents competitive pricing and promising cash flow in a sought-after market. Built in 1930, this brick building exudes classic Brooklyn charm while featuring modern amenities. Boasting 3 Two-Bedroom Units, 2 One-Bedroom Units, and 1 Three-Bedroom Unit, the property generates $124,755 in total income with expenses well-managed at $37,500. Reflecting a market with a strong value proposition, The Miller Apartments promise a solid return on investment and ample upside potential. Eager to explore this exceptional opportunity? Schedule a showing today.

Long Island MLS

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.