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Property profile & analytics

659 Miller Ave Brooklyn, NY 11207

  • Apartment buildings
  • 4,920 SF
  • 0.06 lot acres
Value Estimation
Location Intelligence
Property ID
US63-1220756
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Apartment buildings

Property Details for 659 Miller Ave

Year built
1925
Lot size
0.06 lot acres
Property size
4,920 SF
Zone code
R6
Property type
Apartment buildings
APN
04087-0009
APU
40870009

Description

This exceptional six-unit apartment building, located at 659 Miller Ave in Brooklyn, NY 11207, presents a compelling investment opportunity. The property boasts 4,920 square feet spread across three floors, situated on a 2,660 square foot lot (approximately 28' x 95'). The building comprises five two-bedroom apartments and one one-bedroom apartment, offering a diverse unit mix. Recent upgrades include a new boiler (installed within the last year) and a recently renovated roof, minimizing immediate maintenance concerns. Adding to its appeal, the property features a shared driveway, a garage, and a spacious walk-out basement. The asking price is $1,200,000, translating to $200,000 per unit and $243.90 per square foot. All DHCRs are current. Conveniently located within a three-minute walk of multiple subway lines (2, 3, 4, and 5), the building benefits from proximity to a variety of shops and restaurants. Seller financing is available, and the price is negotiable. This property is ideally suited for an investor seeking strong potential for appreciation. The building's dimensions are approximately 20.5' x 80'.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $225,000
  • CAP approach

    CAP return
    Estimation
    6%
    $285,000
    6.5%
    $265,000
    7%
    $265,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $270,000
    Geo Method
    $275,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $240,000
    Retail
    $300,000
    Mixed-Use
    $270,000
    Hospitality
    $305,000
    Educational
    $260,000
    Residential Income
    $265,000
    Energy
    $285,000
    Income-Based Land
    $290,000
    Food Service
    $250,000

Location Insight

  • Map
  • Local Demand
City
Brooklyn
County
Kings
State
New York
Longitude
-73.8888
Latitude
40.6644
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$11,218
$5,400
$264,150
$269,550
-
$12,000
$587,000
$599,000
More about this property
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