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461 Milford Street

461 Milford St, Brooklyn, NY 11208
Available Now
$975,000
34 views
FOR SALEMultifamily / Apartments Building
Building Size
1,728SF
Lot Size
2200SF
Year Built
1920
Year Renovated
2020
Zoning
R5
Occupancy
100%
Listing Contacts
Real Estate Broker
View OM

More property details

Currently Leased
No
Investment
Value Add
Property Class
A
No of Buildings
1
No of Stories
2
Units
2

Location

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461 Milford Street
About the location

This 18-foot-wide, two-story building contains two fully renovated three-bedroom apartments and offers excellent potential for both users and investors. The first-floor garden apartment features a spacious front bedroom, a central living/dining area, a bedroom to the right, a full bathroom to the left, and a rear master bedroom with direct access to a deck and backyard. The second-floor unit mirrors the same layout, with a rear master bedroom offering a pleasant view of the yard.

The property also includes a full, open, column-free basement accessible from both inside the first-floor unit and the rear of the building. With 7-foot ceilings, side windows, a full bathroom, and a utility room housing two gas boilers and two water heaters, the basement provides the option to be duplexed with the first floor.

Both apartments feature hardwood floors, modern tiled kitchens and bathrooms, and beautifully maintained hallways and staircases. The property is ideal for an owner-occupant who could live on the first floor and enjoy private access to the basement and backyard—potentially converting the basement into a home office, gym, or laundry area. For investors, the building offers strong upside, as each apartment has its own boiler and water heater, allowing tenants to pay for their heating, and value can be added by installing separate electric meters for each unit.

The property is conveniently located near the A train at Euclid Avenue and within walking distance of the 2, 3, and 4 trains at New Lots Avenue, providing easy access to Downtown Brooklyn and Manhattan.

Documents

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461 Milford Street OM.pdf
2.10 MB · Listing document
461 Milford Street
1,728 SF · multifamily · United States · NY
View OM