Multi Family, 321 MILFORD Street #, East New York - Powered by DMT

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321 MILFORD Street, #

East New York

$1,550,000
 |  10 Beds  |  4 Baths   | 3,184SF

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  

 

                   Expenses

Tax$ 6,200

Water$ 3,484

Gas$ 5,018

Electric$ 580

Total:  $15,282

 

Listing courtesy of Brooklyn Real Property Inc ...
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Property Details

  • Multi Family

Amenities

  • Pets: Building Yes, No
  • Private Outdoor Space Under60 Sqft
  • Smoke Free
  • View: Other

The Neighborhood

East
New
Clinton Hill

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For information on 321 MILFORD Street, # contact:

realtor top real estate agent
Listing courtesy of Brooklyn Real Property Inc
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