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461 Milford St Brooklyn, NY 11208

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Two-story building featuring renovated apartments and a full basement.

Type:Multifamily
Property size:
1,728 SF
Price / SF:
$546/SF
Added:
Feb 21, 2024
Days on Market:
796
Last Refresh:
Mar 17 at 1:25 pm

Property Features for 461 Milford St

General Information

Standard status
Active
Size
1,728 SF
Property subtype
Multifamily

Building Details

Year Built
1920

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Listing Contact
Kervin Vales

Listing agent Kervin Vales License #109918089

Listing office Brown Harris Stevens

Listing date Feb 21, 2024

Source Crexi

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 Brown Harris Stevens


Overview

Two-Unit Building with Renovated Apartments

This 18-foot wide, two-story building contains two units. The first floor features a three-bedroom apartment with a wide bedroom at the front, a central living room/dining area, a bedroom on the right side, and a full bathroom on the left. The master bedroom at the back provides access to the deck and backyard. The second floor also offers a three-bedroom apartment with a similar layout: a wide front bedroom, a central living room/dining area, a bedroom to the right, and a full bathroom to the left. The master bedroom at the back overlooks the backyard. The property includes a full, open, and column-free basement accessible from the first-floor apartment and the back of the building. The basement features side windows, a full bathroom, a utility room housing two gas boilers and two water heaters, and 7-foot ceilings, offering the potential to be duplexed with the first-floor apartment. Both units have been completely renovated, featuring wood floors and tiled kitchens and bathrooms. The hallways and stairs are in good condition. This property presents a prime opportunity for an owner-occupier to reside on the first floor with personal access to the basement and backyard, with the potential to convert the basement into a home office or gym, and to add a kitchenette and laundry area. It is also a prime investment opportunity, as each apartment has its own boiler and water heater, allowing tenants to pay their own heating. While currently having one electric meter, value can be added by installing individual electric meters for each unit. Transportation is readily accessible via the A train to Euclid Avenue and the 2, 3, and 4 trains at New Lots Avenue, providing easy access to Manhattan.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

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

Location Insight

  • Map
  • Local Demand
City
Brooklyn
County
Kings
State
New York
Longitude
-73.87453
Latitude
40.667786

FAQs

What type of property is this?
Duplex - Two-story building featuring renovated apartments and a full basement.
Where is this duplex located?
The property is located at 461 Milford St Brooklyn, NY.
What is the asking price?
The asking price for this property is $945,000.
What are key features of this property?
This property features: Two renovated 3‑bedroom apartments, ideal for owner‑occupancy with rental income.; **Full, column‑free basement with 7' ceilings and bathroom, offering duplex potential or conversion to home office/gym.**; First‑floor apartment with direct access to the backyard and basement.
More about this property
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