****** 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.
| MLS # | 949571 |
|---|---|
| Listing Type | For Sale |
| Style | Multi-Family |
| Sub-Type | Resale |
| Status | Active |
| Year | 1930 |
| Days On Site | 233 |
| Listing Provided By | Coldwell Banker American Homes | Maged H. Bestourous |
| SQ Feet | 4,920 |
|---|---|
| Basement | Y |
| Units | 6 |
| Zoning | R6 |
| Acreage | 0.07 |
| Cooling | Wall/Window Unit(s) |
|---|---|
| Heating | Hot Water |
| Construction Materials | Brick |
|---|
| Parking Features | On Street |
|---|
| Utilities | See Remarks |
|---|---|
| Sewer | Public Sewer |
| Tax Year | 2024 |
|---|---|
| Tax Annual Amount | 14708.48 |
| State | NY |
|---|---|
| County | Kings (Brooklyn) |
| City | Brooklyn |
| Zip Code | 11207 |
| Listing VS Median (in 11207) | |
Price: $1,900,000 low | high Med: $894,450 sqft: 4,920 low | high Med: 1,600 $ / sqft: $386 low | high Med: $595 On site: 233 low | high Med: 199.5 | |
| State | NY |
|---|---|
| County | Kings (Brooklyn) |
| City | Brooklyn |
| Zip Code | 11207 |
| Listing VS Median (in 11207) | |
Price: $1,900,000 low | high Med: $894,450 sqft: 4,920 low | high Med: 1,600 $ / sqft: $386 low | high Med: $595 On site: 233 low | high Med: 199.5 | |
![]() | $950,000761 Miller AvenueBrooklyn, NY 11207 |
![]() | $1,100,000612 Hegeman AvenueBrooklyn, NY 11207 |