757 Miller Ave 6 unit Multifamily Brooklyn NY

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ID: 104

757 Miller Ave 6 unit Multifamily Brooklyn NY

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$2,000,000.00

(Currently Sold Out. Inquire for availability)

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Property Description

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 with Coldwell Banker Commercial AMH, your trusted partner for commercial real estate investments in the New York metropolitan area.

BUILDING DETAILS