NY > Brooklyn > East New York
Brooklyn, NY 11208,461 MILFORD Street
Brooklyn, NY 11208,461 MILFORD Street
Brooklyn, NY 11208,461 MILFORD Street
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Listing Courtesy of Brown Harris Stevens Residential Sales LLC
$975,000
Est. payment /mo
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6 Beds
5 Baths
New

461 MILFORD Street Brooklyn, NY 11208

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Anthony Guerriero

Anthony Guerriero

+1(646) 376-8752

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Subdivision East New York

MLS Listing ID RLS20052198

Style Walk-Up

Bedrooms 6

HOA Y/N No

Year Built 1920

Annual Tax Amount $4,848

Property Sub-Type Single Family Residence

Property Description

Presenting an exceptional opportunity to acquire a turnkey investment or a primary residence with an income-generating rental in the thriving East New York neighborhood. This semi detached, legally zoned two-family home was completely rebuilt in 2019, showcasing intelligent layouts and high-quality finishes throughout.

The second-floor unit is a bright and airy 3-bedroom, 2-bathroom apartment featuring high ceilings and a skylight. It is currently occupied by a reliable tenant on a month-to-month lease.

The first-floor apartment offers a spacious 3-bedroom, 2-bathroom layout with a generous living room, high ceilings, and access to a finished basement as well as a large 30 x 22 feet private backyard. 

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

Each unit is equipped with separate boilers and water heaters, allowing for independent heating expenses.

461 Milford street is situated on a nice residential tree-lined street, provides convenient access to public transportation, including the A train at Euclid Avenue and the 2, 3, and 4 trains at New Lots Avenue.

With both apartments yielding a 7% CAP rate, this property represents a solid turnkey investment. One of the apartments can be delivered vacant, offering the owner the flexibility to occupy it while receiving market rent from the other unit, covering approximately 80 percent of your monthly mortgage payments.

Location

State NY

County Kings

Rooms

Basement Other

Interior

Interior Features Smoke Free

Cooling Wall Unit(s)

Fireplace No

Laundry Washer Hookup, In Unit

Exterior

Exterior Feature Private Outdoor Space Over 60 Sqft

View Y/N Yes

View Other

Porch None

Private Pool No

Building

Story 2

New Construction No

Others

Pets Allowed Pets Allowed

Ownership None

Monthly Total Fees $404

Special Listing Condition Standard

Pets Allowed Building Yes, No

REBNY IDX
RLS Data display by Manhattan Miami Real Estate

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Anthony Guerriero

Anthony Guerriero

Broker

+1(646) 376-8752

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461 MILFORD Street

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