321 Milford Street
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 Approved buy with as low as 3.5% down!!
Asking price $1.55ML; Income $139,800-year; Expense-$15,282 NOI-$124,518.00; CAP-8.03%
- neighborhood: East New York
- Area: Brooklyn
- MLS Number: 443739
- Open House: No
- Featured Listings: Yes
- Rental: No
Interior Features
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
Price $1.55M Cap Rate is 8.03%