$1,400,000
$50K PRICE INCREASE

321 Milford St Brooklyn, NY 11208

East New York Neighborhood

Estimated payment $8,058/month

Total Views 16,272
10 Beds
4 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Wood Flooring
  • 6 Car Detached Garage
  • Heating System Uses Steam
  • Fenced Yard
  • Back, Front, and Side Yard
  • 5-minute walk to Cypress Park

About This Home

Brooklyn Milford Street Solid BRICK semi attached TOTALLY NEWLY GUT RENOVATED 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, electrical, plumbing, and MORE NO VIOLATION! 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 secure private drive & yard space that can fit 8-10 cars!! R5 zoning. 1,332 unused FAR! Low taxes- All market value tenant with high CAP rate 6-7%! Fully occupied & rented EXCEPT 3 BEDROOM FRONT 2ND FLOOR! Near A & C train & all buses, shopping plus more! Nothing to do but close & collect rent! FHA Approved!!! Buy with only 3.5% down (Qualify Buyers) Owner VERY motivated!! 1vacant apartment (2ND floor front) hurry before we rent it out! ALL FREE market rent!! No Restriction!! EAT OF THE FLOOR CONDITION! MINT!

Listing Agent

Jean Paul Ho

BRP Associates Inc Listed on: 09/17/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,654

Year Built

  • Built in 1925

Lot Details

  • Lot Dimensions are 100 x 36
  • Fenced Yard
  • Back, Front, and Side Yard
  • Garden

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete
  • Rubber Roof
  • Siding

Interior Spaces

  • 2-Story Property
  • Stove

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 4 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 6 Car Detached Garage
  • Private Driveway
  • Parking Lot

Utilities

  • Heating System Uses Steam
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tax Block 4262

Community Details

Overview

  • 4 Units

Amenities

  • Secure Lobby
  • Community Storage Space

Building Details

  • Fuel Expense $3,300
  • Insurance Expense $3,000
  • Utility Expense $586
  • Gross Income $10,639,300
  • Net Operating Income $88,609

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,654

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Basement Amenities: Finished, Full, Separate Entrance, Walk-in, Other
  • Total Bathrooms: 4.00
  • Baths Total Level1: 2.00
  • Baths Total Level2: 2.00
  • Beds Total Level1: 4
  • Beds Total Level2: 5
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 1872
  • Building Length: 72.00
  • Building Width: 26.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Sutter ave
  • Cross Street Name2: Balke Ave
  • Handicap Access Y N U: Unknown
  • Heat Delivery: Steam/Radiator
  • Number Of Families: 4
  • Parking Attributes: 6+ Spaces, Detached Garage, Parking Area
  • Parking Feature Single: Private Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Patio Garden, Refrigerator, Stove, Other
  • Rooms Total Level1: 10
  • Rooms Total Level2: 11
  • Building Stories: 2
  • Street Name I D X: Milford
  • Street Number I D X: 321
  • Building Style: Other
  • Year Built: 1925
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 4
  • Total Bedrooms: 10
  • Flooring: Carpeting, Hardwood, Laminate
  • Lot Sq Ft: 3600
  • Total Rooms: 24

Exterior Features

  • Yard: Back, Front, Side, Fenced - Full
  • Exterior Building Type: Semi-Detached
  • Construction Type: Brick
  • Exterior: Brick, Siding
  • Foundation Details: Poured Concrete
  • Lot Number: 10
  • Roof: Flat, Rubber

Utilities

  • Air Conditioning Units: 0
  • Electric: Circuit Breakers
  • Heating Fuel: Gas
  • Hot Water: Gas

Fee Information

  • Annual Fuel Expense: 3300.00

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 36
  • Zoning: R5

Multi Family

  • Annual Gross Expense: 1413900.00
  • Annual Gross Income: 10639300
  • Insurance Expense: 3000.00
  • Miscellaneous Expense: 1200.00
  • Property Net Operating Income: 88609.00
  • Unit Count: 4
  • Annual Utility Expenses: 586.00

Tax Info

  • Flip Tax Amount: 3653.53

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2024 01/08/24 Price Changed $1,400,000 -6.7% --
12/09/2023 12/09/23 Price Changed $1,500,000 +3.4% --
11/06/2023 11/06/23 Price Changed $1,450,000 +7.4% --
03/30/2023 03/30/23 Price Changed $1,350,000 0.0% --
09/17/2020 09/17/20 For Sale $1,350,000 -- --
Source: Brooklyn Board of REALTORS®

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Source: Brooklyn Board of REALTORS®

MLS Number: 443739

Brooklyn Board of REALTORS®

APN: 04262-0010

New York Kings County Brooklyn 11208 East New York

321 Milford St, Brooklyn, NY

This home is located at 321 Milford St, Brooklyn, NY 11208 and is currently priced at $1,400,000. This property was built in 1925. 321 Milford St is a home located in Kings County with nearby schools including East New York Elementary School Of Excellence, East Brooklyn Ascend, and Achievement First Apollo Charter School.

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Brooklyn Board of REALTORS® The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.

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Jean Paul Ho
Listing Agent
Jean Paul Ho
Section Image
BRP Associates Inc
(347) 581-9506