Two-Story Two-Family Brick
11 MILFORD STREET Brooklyn, NY 11208
11 MILFORD STREET, Brooklyn, NY, 11208
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For Sale
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Two-unit brick duplex with hardwood interiors and two kitchens, offering a straightforward layout for owner-occupants or investors.
Property Size1,867 SF
Lot Size0.04 Acres
Price / SF$495.45
Days on Market31
Property Features for 11 MILFORD STREET
General Information
- Standard status
- Active
- Size
- 1,867 SF
- Lot size
- 0.04 Acres
- Property subtype
- Mixed Use
Building Details
- Year Built
- 1899
Listing Agency
SHAHID HAKEEM AMID
Listed by
Hakeem Shahid
Source
Crexi
Added: Jun 17 Checked: Jul 17 at 2:03 pm
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SHAHID HAKEEM AMID
Investment Insights
Based on property information with market context.
Located at 11 Milford Street, this 2-story, 2-family brick building was built in 1899 and is arranged as two 2-bedroom, 1-bath apartments. Both levels include a kitchen and living room, and the home features hardwood flooring and multiple closets for added storage. There is also a basement. The building is classified as a 2-Family (B1) property, with a construction type listed as brick.
The property is in East New York on a tree-lined block, between Atlantic Ave and Liberty Ave. Public transportation access is noted with A/C/J/Z trains available nearby. Zoning is identified as R5B (Zoning Map 17C), and tax information lists the tax class as 1.
This duplex can work well for tenants or buyers looking for a compact two-unit setup with similar unit layouts across the entry and top floors. With each unit offering two bedrooms, a full bath, and a kitchen and living room, the building supports flexible occupancy options, including living in one unit while renting the other, subject to your intended use and applicable approvals.
The property is in East New York on a tree-lined block, between Atlantic Ave and Liberty Ave. Public transportation access is noted with A/C/J/Z trains available nearby. Zoning is identified as R5B (Zoning Map 17C), and tax information lists the tax class as 1.
This duplex can work well for tenants or buyers looking for a compact two-unit setup with similar unit layouts across the entry and top floors. With each unit offering two bedrooms, a full bath, and a kitchen and living room, the building supports flexible occupancy options, including living in one unit while renting the other, subject to your intended use and applicable approvals.
Key Highlights
- 2‑family brick building built in 1899 on 18.67 x 100 lot (1,867 SF) in Brooklyn’s East New York area
- Two separate 2BR/1‑bath units: 2nd (top) floor and 1st (entry) floor, each with a kitchen and living room
- Basement included; building class 2‑family (B1) with zoning in R5B (Map 17C)
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $71.7k | $38.40 |
| − Vacancy | −$3.2k | −$1.73 |
| EGI | $68.5k | $36.67 |
| − OpEx | −$20.5k | −$11.00 |
| NOI | $47.9k | $25.67 |
1,867 SF · lease $38.40/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$684.7K
$599.1K – $798.8K
NOI $47,927 @ 7.0% cap · market cap 5.18%
Second Best
Apartment 5plus
$609.6K
$533.4K – $711.2K
NOI $42,674 @ 7.0% cap · market cap 4.61%
Theoretical Best
Office A
$1.14M
$999.6K – $1.33M
NOI $79,966 @ 7.0% cap · market cap 8.64%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triple Beem
Auto Repair Shop
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two-unit brick duplex with hardwood interiors and two kitchens, offering a straightforward layout for owner-occupants or investors.
Where is this duplex located?
The property is located at 11 MILFORD STREET Brooklyn, NY.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: 2‑family brick building built in 1899 on 18.67 x 100 lot (1,867 SF) in Brooklyn’s East New York area; Two separate 2BR/1‑bath units: 2nd (top) floor and 1st (entry) floor, each with a kitchen and living room; Basement included; building class 2‑family (B1) with zoning in R5B (Map 17C)
