Brooklyn Brick Multifamily Investment
For Sale
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321 Milford St, New York, NY 10018
Legal 4-family brick building with modern updates and high CAP.
Property Size3,184 SF
Days on Market2213
Property Features for 321 Milford St
General Information
Standard status
Active
Size
3,184 SF
Property subtype
Multifamily
Net Operating Income
$88,609
Building Details
Units
4
Listing Agency:
BROOKLYN REAL PROPERTY INC
(718) 713-6888
Listed By:
Jean Paul Ho
Source:
Crexi
Added: Aug 4, 2020
Changed: Aug 11
Last Checked: Aug 24 at 5:58PM
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 BROOKLYN REAL PROPERTY INC
Investment Insights
Based on property information with market context.
This is a semi-attached, solid brick, legal 4-family building located in Brooklyn. The property features two 3-bedroom apartments and two 2-bedroom apartments, each with a large living room and an open-plan modern kitchen. The building has undergone extensive renovations, including new plumbing, gas lines, and electrical systems throughout. A new gas boiler with a 75-gallon hot water tank has been installed, along with a new rubberized roof. The building offers 3,184 square feet of living space, with a building size of 26 feet wide and 72 feet deep. It features high ceilings and a full basement with high ceilings, ceramic tile flooring, multiple windows, and two entrances. Situated on a 36 x 100 lot with a private drive and R5 zoning, the property has 1,332 of unused FAR. The property is near the A & C train lines, buses, and shopping. The property is tenant-occupied at market value, offering a high CAP rate.
Key Highlights
- Solid brick, legal 4‑family building with updated plumbing, gas, and electric.
- Two 3‑bedroom and two 2‑bedroom apartments with modern kitchens and large living rooms.
- New gas boiler with 75‑gallon hot water tank and new rubberized roof.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
44,407
Businesses Nearby
Explore this area
Business Placement
Demographics for 10018, NY
11,145
Population
5,678
Households
2
Avg Household Size
35
Median Age
75%
College-Educated
92%
High-School Grad
0.3 sq mi
ZIP Area
37,150
Density / Sq Mi
$133,042
Median Household Income
$103,655
Median Earnings
$3,501
Median Rent
$947,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Legal 4-family brick building with modern updates and high CAP.
Where is this quadplex located?
The property is located at 321 Milford St New York, NY.
What are key features of this property?
This property features: Solid brick, legal 4‑family building with updated plumbing, gas, and electric.; Two 3‑bedroom and two 2‑bedroom apartments with modern kitchens and large living rooms.; New gas boiler with 75‑gallon hot water tank and new rubberized roof.
