Brooklyn Multifamily Property For
For Sale
$870,000
Pending
440 MILLER Ave, Brooklyn, NY 11207
Multifamily property available in Brooklyn, New York.
Property Size900 SF
Lot Size0.05 Acres
Days on Market336
Property Features for 440 MILLER Ave
General Information
Standard status
Pending
Size
900 SF
Lot size
0.05 Acres
Property subtype
Multi Family
Taxes and HOA fees
Annual Taxes
$2,304
Building Details
Building Size
900 SF
Year Built
1930
Listing Agency:
Serhant
Listed By:
George Johnson
(646) 656-1973
Source:
Elliman
Added: Nov 27, 2025
Changed: Oct 26
Last Checked: Oct 28 at 8:37AM
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 Serhant
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Investment Insights
Based on property information with market context.
A multifamily property is available for sale in Brooklyn, New York. The list price is $899,000.
Key Highlights
- Year Built: 1930
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,476
Cap Rate
3.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$549,520
$549.5K
Cap Rate 7%
$392,514
$392.5K
Cap Rate 9%
$305,289
$305.3K
Market Conditions
NOI Build-Up for 900 SF
Gross rent
$51.0K $56.64/SF
− Vacancy
−$1.0K −$1.13/SF
EGI
$50.0K $55.51/SF
− OpEx
−$22.5K −$24.98/SF
NOI
$27.5K $30.53/SF
Area
Brooklyn, NY
Vacancy
2.00%
Lease Rate
$56.64 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$549,520
Cap Rate 7%
$392,514
Cap Rate 9%
$305,289
Alternative Uses
Best Use
Apartment 5plus
$392.5K
$343.5K – $457.9K
NOI $27,476 @ 7.0% cap · market cap 3.16%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$745.2K
$652.1K – $869.4K
NOI $52,164 @ 7.0% cap · market cap 6.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Location Intelligence
Trade Area within ½ mile
3,064
Businesses Nearby
Explore this area
Business Placement
Demographics for 11207, NY
100,330
Population
38,030
Households
2.6
Avg Household Size
35
Median Age
19%
College-Educated
81%
High-School Grad
2.7 sq mi
ZIP Area
37,159
Density / Sq Mi
$55,419
Median Household Income
$41,008
Median Earnings
$1,443
Median Rent
$657,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Multifamily property - Multifamily property available in Brooklyn, New York.
Where is this multifamily property located?
The property is located at 440 MILLER Ave Brooklyn, NY.
What is the asking price?
The asking price for this property is $870,000.
What are key features of this property?
This property features: Year Built: 1930
