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321 Milford St Brooklyn, NY 11208

Quadplexes Google Maps
Built 1025
Entity Owned 7-yr Hold
Estimated value
No estimation on file for this property yet.
Property ID US63-5316881

Property summary

AI-generated overview

=====2 Units are vacant: 1 2-bedroom & 1 3-bedroom===== Brooklyn Milford Street Solid BRICK semi attached legal 4 family with 2 three bedroom & 2 Two-bedroom apartment with huge living room & open plan modern kitchen! All new plumbing, gas line & electric in entire building! New gas boiler with 75-gallon hot water tank & new rubberize roof! 3,184 sq ft living space Building size 26 wide & 72 deep! High ceiling & Full basement high ceiling with ceramic tile, lots of windows & 2 entrances! On 36 x 100 lot with private drive R5 zoning. 1,332 unused FAR! Low taxes- All market value tenant with high CAP rate! Near A & C train & all buses, shopping plus more! Nothing to do but close & collect rent! FHA 3.5% welcome! Asking price $1.55ML; Income $139,800-year; Expense-$15,282 NOI-$124,518.00; CAP-8.03% 321 Milford street income & expenses Income Apt #1F---- $2,700 2 Bd Apt#1r------$2,550 1Bd Apt#2f------$3,800 3Bd Apt#2R------$2,600 1Bd Monthly $11,650 Annual $139,800 Expenses Tax___________$ 6,200 Water_________$ 3,484 Gas___________$ 5,018 Electric________$ 580 Total: $15,282

Property profile

Verified
Property type Quadplexes
Year built 1025
UPID US63-5316881

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Theater & Performing Art Venue Music Venue
  • Construction Company Building Supply

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request

Owner & transaction history

since 2019
4 recorded transactions
2019
Price N/A
2019
Price N/A
2018
Price N/A
2017
$620,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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