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321 Milford St
Brooklyn, NY 11208
Multifamily Property For Sale
·
4 Units
Investment Highlights
- Great income! High 8% CAP RATE! Newly renovated! No violations! Private drive fits 8 cars! Semi attached brick! Full basement with 3 easements!
Executive Summary
OPEN HOUSE: SUN, MAR 15, 1:00-2:00 PM
=====2 Units are vacant: 1 2-bedroom & 1 3-bedroom=====
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%
=====2 Units are vacant: 1 2-bedroom & 1 3-bedroom=====
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%
Property Facts
Amenities
Unit Amenities
- Microwave
- Storage Space
- Tile Floors
- Eat-in Kitchen
- Kitchen
- Hardwood Floors
- Carpet
- Yard
- Dining Room
- Instant Hot Water
- Large Bedrooms
Site Amenities
- Fenced Lot
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 4 | - | - |
Property Taxes
| Parcel Number | 04262-0010 | Improvements Assessment | $232,170 CAD |
| Land Assessment | $18,378 CAD | Total Assessment | $250,547 CAD |
Property Taxes
Parcel Number
04262-0010
Land Assessment
$18,378 CAD
Improvements Assessment
$232,170 CAD
Total Assessment
$250,547 CAD
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