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$1,900,000
Est. payment /mo
2,901 Sqft Lot
UPDATED:
Key Details
Property Type Other Types
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 949571
Rental Info No
Year Built 1930
Annual Tax Amount $14,708
Lot Size 2,901 Sqft
Acres 0.0666
Property Sub-Type Multi Family
Source onekey2
Property 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.
Location
State NY
County Kings (brooklyn)
Rooms
Basement Unfinished
Interior
Heating Hot Water
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Parking Features On Street
Utilities Available See Remarks
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Others
Special Listing Condition None
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Listed by Coldwell Banker American Homes • Maged H. Bestourous
NEARBY SCHOOL & BUSINESS
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Randy Reis
Team Leader | License ID: 40RE1176716
Team Leader License ID: 40RE1176716