Brooklyn Multifamily Brick
321 Milford Street, Brooklyn, NY 11208
MULTI_FAMILY - Brooklyn, NY
Property size:
1,872 SFLot size:
0.08 AcresPrice / SF:
$827/SF- Added:
- May 4, 2026
- Days on Market:
- 22
- Last Refresh:
- May 25 at 6:06 pm
Property Features for 321 Milford Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 10
- Bathrooms
- 4
- Rooms
- Bedroom 7, Bedroom 9, Bedroom 2, Bedroom 4, Bedroom 1, Bathroom 1, Bathroom 3, Bedroom 3, Bedroom 5, Bathroom 2, Bedroom 10, Bedroom 6, Bedroom 8, Bathroom 4
- Parking features
- Garage - Detached
- Patio and Porch features
- Patio
- Interior features
- Patio Garden, Refrigerator, Stove
- Basement
- Finished
- Standard status
- Active
- Size
- 1,872 SF
- Lot size
- 0.08 Acres
Taxes and HOA fees
- Tax Annual Amount
- 6200
Building Details
- Year built
- 1925
- Floors in Building
- 2
- Number of units
- 4
- Flooring type
- Laminate, Hardwood, Carpet
- Building materials
- Brick
- Roof type
- Rubber, Flat
Listing agent Jean Paul Ho (718) 713-6888
Listing office BRP Associates Inc 2106 Bath Ave, Brooklyn, NY (718) 713-6888
Listing date May 4, 2026
MLS# 501119
Listing URL
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HighLights
- High CAP rate (8.03%) and significant Net Operating Income ($124,518.00) indicating strong investment potential.
- Two vacant units (1 2‑bedroom & 1 3‑bedroom) allowing for immediate rental income or owner occupancy.
- Completely renovated with new plumbing, gas line, electric, gas boiler, and rubberized roof, minimizing future maintenance costs.
- Substantial unused FAR (1,332 sq ft) offering potential for future expansion or development.
- Convenient location near A & C trains, buses, and shopping.
- Solid brick construction with a full basement and private drive.
Overview
This Brooklyn multifamily property on Milford Street is a solid brick, semi-attached four-family building. It 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 new plumbing, a new gas line, and new electric throughout. A new gas boiler with a 75-gallon hot water tank and a new rubberized roof have been installed. The building provides 3,184 square feet of living space, with a building size of 26 feet wide and 72 feet deep, situated on a 36 x 100 lot with a private drive and R5 zoning. The property includes a full basement with high ceilings, ceramic tile, lots of windows, and two entrances. The property has 1,332 unused FAR. The building is near the A & C train, buses, and shopping. Two units are vacant: one two-bedroom and one three-bedroom. The property is FHA approved.
Property Profile
Location Intelligence
Current Use by Public Records
North Hollywood Group
Theater & Performing Art Venue
Brigthmoon icn
Construction Company
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.876022
- Latitude
- 40.671303
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Four-family building with modern kitchens, high ceilings, and private drive.
Where is this quadplex located?
The property is located at 321 Milford Street 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 significant Net Operating Income ($124,518.00) indicating strong investment potential.; Two vacant units (1 2‑bedroom & 1 3‑bedroom) allowing for immediate rental income or owner occupancy.; Completely renovated with new plumbing, gas line, electric, gas boiler, and rubberized roof, minimizing future maintenance costs.
