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    321 Milford St Brooklyn, NY 11208

    Sponsored
    For Sale
    $1,550,000

    Multi-Unit (2-4) - Brooklyn, NY

    Days on Market:
    3
    Last Refresh:
    Jan 7 at 5:06 pm

    Property Features for 321 Milford St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    10
    Bathrooms
    4
    Parking features
    Garage

    Building Details

    Architectural style
    Other

    Brooklyn Real Property, Inc. (718) 875-8899 [email protected]

    Listing agent Jean Paul Ho (718) 875-8899

    Listing date Jan 5, 2026

    MLS# 11624648 Listing URL

    Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Brooklyn Brick Multi-Family Investment

    This is a solid brick, semi-attached legal 4-family building located in Brooklyn. The property features two three-bedroom apartments and two two-bedroom apartments, each with a large living room and an open-plan modern kitchen. The building has undergone extensive renovations, including new plumbing, gas lines, and electric systems throughout. A new gas boiler with a 75-gallon hot water tank has been installed, along with a new rubberized roof. The building offers 3,184 square feet of living space, with a building size of 26 feet wide and 72 feet deep. High ceilings are present throughout the building. The full basement features high ceilings, ceramic tile flooring, multiple windows, and two entrances. Situated on a 36 x 100 lot with a private drive and R5 zoning, the property also has 1,332 of unused FAR. The property is near the A & C train lines, buses, and shopping. The property is FHA approved and in great condition. It is currently tenant-occupied with all market value rents.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    North Hollywood Group Entertainment Agency Brigthmoon icn Sand Plant

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.876032
    Latitude
    40.671308

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    FAQs

    What type of property is this?
    Quadplex - Legal 4-family brick building with high income potential.
    Where is this quadplex located?
    The property is located at 321 Milford St Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $1,550,000.
    What are key features of this property?
    This property features: - High CAP rate (8.03%) and Net Operating Income (NOI) of $124,518, indicating strong investment potential.; - Legal 4-family solid brick building with two 3-bedroom and two 2-bedroom apartments.; - Completely renovated with new plumbing, gas line, electric, gas boiler, and rubberized roof.
    (718) 875-8899
    Request Owner's contact information
    321 Milford St Brooklyn, NY 11208
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    Brooklyn, NY 11208
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    321 Milford St Brooklyn, NY 11208
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