461 Milford Street
East New York, Brooklyn, NY
$935,000 Price
6 Bedrooms   5.0 Baths

The property is currently being rented, but it can be delivered vacant in July 2024.
A great opportunity to own a turnkey investment or a primary residence with an income-producing rental in booming East New York. This semi-detached legal
two-family home was fully renovated in 2019 and offers smart layouts...

The property is currently being rented, but it can be delivered vacant in July 2024.
A great opportunity to own a turnkey investment or a primary residence with an income-producing rental in booming East New York. This semi-detached legal
two-family home was fully renovated in 2019 and offers smart layouts and quality finishes throughout.

The first-floor apartment is a spacious 3-bedroom, 2-bathroom unit with a large living room, high ceilings, and access to a private backyard and a finished basement.

The finished basement features a full-sized windowed bathroom and has access to the backyard, making it an ideal space for additional recreation, a gym, or an office.

The second-floor unit is a 3-bedroom, 2-bathroom apartment with high ceilings and a skylight. Currently rented to a great tenant, enjoy the rental income that will
assist with mortgage payments.

Each unit has separate boilers and water heaters, allowing each apartment to pay for its own heating.

The property is located on a residential tree-lined street providing easy access to public transportation, including the A train to Euclid Avenue and the 2, 3, and
4 trains at New Lots Avenue.

If both apartments are rented at market value, the investor can enjoy a 6.3% CAP RATE.


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* All information furnished regarding property for sale, rental, financing or estimated mortgage rates is from sources deemed reliable but no warranty or representation is made as to the accuracy thereof. For further financing information, please contact a Brown Harris Stevens agent.

Listing Details

East New York, Brooklyn, NY
Type: Townhouse
Price: $935,000
Re Tax: $375
Last Updated: 4/22/2024
Web ID: 22892614

Info & Amenities

Rooms: 9.0
Bedrooms: 6
Bathrooms: 5.0
Air conditioning: Yes
Basement: Yes

Map of Area for 461 MILFORD STREET

Listing Agent(s)

Brown Harris Stevens Real Estate Agent Evgheni Petish
Evgheni Petish
Email Evgheni
o: 212-317-7820
c: 347-417-4822
Brown Harris Stevens Real Estate Agent Kervin Vales
Kervin Vales
Email Kervin
o: 212-396-8244
c: 917-564-5242

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