Coldwell Banker American Homes
Listed by Coldwell Banker American Homes
$1,900,000
757 Miller Avenue
Details
APN 04304-0048
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Units 6
NOI $86,500
Year Built 1930
Acreage 0.067
Zoning R6
Multifamily | 6 Units
Marketing description
****** 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.
Listing Contacts
Coldwell Banker American Homes
Listed by Coldwell Banker American Homes
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$86,500.00
$7,208.33/mo
Valuation Metrics
0
DSCR
4.55%
Cap Rate
4.55%
ROI
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