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$ 2,000,000
Est. payment /mo
Active
757 Miller AVE Brooklyn, NY 11207
2,901 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 949571
Rental Info No
Year Built 1930
Annual Tax Amount $14,708
Lot Size 2,901 Sqft
Acres 0.0666
Property Sub-Type Multi Family
Source onekey2
Property Description
****** Motivated Seller **** Wants to hear all offers!***** 757 Miller Ave Brooklyn, NY 11207 - The Miller Apartments Discover a lucrative investment at The Miller Apartments in bustling Brooklyn! This well-maintained 6-unit property offers a diverse unit mix, strong income potential, and a solid 4.3% Cap Rate. With a total NOI of $86,500, this prime multifamily opportunity presents competitive pricing and promising cash flow in a sought-after market. Built in 1930, this brick building exudes classic Brooklyn charm while featuring modern amenities. Boasting 3 Two-Bedroom Units, 2 One-Bedroom Units, and 1 Three-Bedroom Unit, the property generates $124,755 in total income with expenses well-managed at $37,500. Reflecting a market with a strong value proposition, The Miller Apartments promise a solid return on investment and ample upside potential. Eager to explore this exceptional opportunity? Schedule a showing today.
Location
State NY
County Kings (brooklyn)
Rooms
Basement Unfinished
Interior
Heating Hot Water
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Parking Features On Street
Utilities Available See Remarks
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Others
Special Listing Condition None
Listed by Coldwell Banker American Homes • Maged H. Bestourous
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