516-365-5780

757 Miller Avenue, East New York, NY 11207

[East New York Real Estate, listing number 7242095]



Description: 7242095
   * 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 4.3% 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.

Details:
   Families: 6
   Property Type: House
   Acres: 0.07
   Built: 1930

Financials:
   Price: $2,000,000
   Taxes: $14,708

Coldwell Banker American Homes
Maged H. Bestourous
Office: 516-365-5780

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