Motivated Seller Wants to hear all offers !


Property

Website: https://www.nestseekers.com/5213303
Address:
New York, NY 11207
Ownership: For Sale
Type: Multi-Family
Bedrooms: Studio
Lot Size: 0.1 Acres

Financials

Price:$1,900,000
Annual Taxes:$14,708.48

Description

****** Motivated Seller **** Wants to hear all offers!***** 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 4.55% 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.

Contact

578 Driggs Avenue Brooklyn, NY 11211
Listing Courtesy of Coldwell Banker American Homes