757 Miller Avenue, Brooklyn, NY 11207
- $1,900,000
- List Price
- $1,900,000
- Price Change
- ▼ $100,000 1770064952
- MLS#
- 949571
- Number Of Families
- 6
- Status
- ACTIVE
- Lot Size
- 2900
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 4.55% 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.
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Additional Information
- Year Built
- 1930
- Total Taxes
- 14708
- Heating
- Hot Water
- Parking
- On Street
- Basement
- Unfinished
- Water
- Public
- Sewer
- Public Sewer
- Taxes
- $14,708
Mortgage Calculator
Listing courtesy of Listing Agent: Maged H. Bestourous (mbestourous@cbamhomes.com) from Listing Office: Coldwell Banker American Homes.
Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.