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722 MILLER AVENUE East New York, NY 11207

Sponsored
Source: https://caprijetrealty.com
For Sale
$1,350,000

4,536 SF Commercial/Multifamily Investment Opportunity

Property size:
4,920 SF

Description

Added:
Apr 22, 2025
Days on Market:
259
Welcome to 722 Miller Ave, a rare gem in the heart of East New York real estate market. This stately three-story walk-up spans an impressive 4,536 square feet, offering a unique opportunity to own a piece of one of Brooklyn's most dynamic neighborhoods. Great investment opportunity. Featuring six rent-stabilized units, this property is an investment opportunity with steady income streams all six units are currently tenanted. Each residence is thoughtfully designed, boasting spacious bedrooms, a comfortable living room, and a full bath, with a dining. Situated just steps from highway and train and within walking distance from alot, the property offers unparalleled access to the vibrancy of area and its seamless connectivity to the rest of New York City. Residents enjoy a perfect balance of urban convenience and community charm, surrounded by thriving local businesses, trendy cafes, and serene green spaces. With real estate taxes approximately $14,000 annually, this property represents an exceptional blend of location, size, and income stability. Whether you're a seasoned investor or a buyer looking to enter the sought-after area that coming up strong market, 722 miller is a great opportunity, perfectly positioned to grow alongside the neighborhood's upward trajectory. Don't miss out on this incredible investment that promises both immediate income and no least active so room for improvement in rent roll and long-term potential in one of Brooklyn's most desirable communities., Additional information: Appearance:Great,Building Size:4920,Separate Hotwater Heater:yes

Property Features for 722 MILLER AVENUE

General Information

Property type
Multifamily properties
Square Feet
4,920 SF
Price / Square Foot
$274
Elevators
N/A
Net Rentable
4,536 SF
Lot Size
3,033 SF

Building Details

Buildings
1
Stories
3
Units
6

Location Intelligence

Current Use by Public Records

Residential income homes

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
East New York
State
New York
Longitude
-71.9198349
Latitude
41.0403815

FAQs

What type of property is this?
Multifamily property - 4,536 SF Commercial/Multifamily Investment Opportunity
Where is this multifamily property located?
The property is located at 722 MILLER AVENUE East New York, NY.
What is the asking price?
The asking price for this property is $1,350,000.
More about this property
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