$1,400,000

321 Milford St Brooklyn, NY 11208

$10,000
Closing credit¹
10 beds
4 full
Multi-Family

Property details

About 321 Milford St

Brooklyn Milford Street Solid BRICK semi attached TOTALLY NEWLY GUT RENOVATED legal 4 family with 2 three bedroom & 2 Two bedroom apartment with huge living room & open plan modern kitchen! All new plumbing, gas line & electric in entire building! New gas boiler with 75 gallon hot water tank & new rubberize roof, electrical, plumbing, and MORE NO VIOLATION! 3,184 sq ft living space Building size 26 wide & 72 deep! High ceiling & Full basement high ceiling with ceramic tile, lots of windows & 2 entrances! On 36 x 100 lot with secure private drive & yard space that can fit 8-10 cars!! R5 zoning. 1,332 unused FAR! Low taxes- All market value tenant with high CAP rate 6-7%! Fully occupied & rented EXCEPT 3 BEDROOM FRONT 2ND FLOOR! Near A & C train & all buses, shopping plus more! Nothing to do but close & collect rent! FHA Approved!!! Buy with only 3.5% down (Qualify Buyers) Owner VERY motivated!! 1vacant apartment (2ND floor front) hurry before we rent it out! ALL FREE market rent!! No Restriction!! EAT OF THE FLOOR CONDITION! MINT!

Highlights

Home typeMulti Family
HeatingSteam, Natural Gas
StatusActive
CoolingOther
BasementYes
Year built1925
Parking6+ Spaces,Detached Garage,Parking Area, Private Drive
MLS #443739
FireplaceStove, Other

Summary

  • MLS Number: 443739
  • Office Name: BRP Associates Inc

IDX Information being provided by Brooklyn Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

The accuracy of all information, regardless of source, including but not limited to open house information, square footage and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Brooklyn Multiple Listing Service and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited.

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Last updated on: 3/14/2025, 6:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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exterior space

$1,400,000

321 Milford St

$10,000

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Mar 02, 2017
Home Sold
$620,000
Mar 22, 2006
Home Sold
$583,000

Tax history

YearAssessmentProperty Tax
2024$174,600$5,765

History based on county public records data.

Nearby schools

2

East New York Elementary School of Excellence

Public District PK-5

0.2 mi

605 Shepherd Ave

5

P.S. 202 Ernest S. Jenkyn's School

Public District KG-6

0.4 mi

982 Hegeman Ave

5

P.S. 345 Patrolman Robert Bolden School

Public District KG-5

0.4 mi

111 Berriman St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $24,557. Typical income of Brooklyn, NY residents is less than $<35k annually. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

54%
<35k
29%
35k-100k
9%
100k-200k
8%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

41%
Single, No Kids
30%
Single, with Kids
14%
Married, No Kids
15%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

17%
<11 yrs old
10%
12-17 yrs old
29%
18-34 yrs old
36%
35-64 yrs old
8%
65+ yrs old

What do the neighbors do for fun?

  • Mexican League SoccerMexican League Soccer
  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • Foot LockerFoot Locker
  • Ross Dress For LessRoss Dress For Less
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • Little CaesarsLittle Caesars
  • Jack In The BoxJack In The Box
  • White CastleWhite Castle

What do the neighbors drive?

  • DodgeDodge
  • NissanNissan
  • KiaKia

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 321 Milford St in Brooklyn, NY and zip code 11208 in the East New York neighborhood. Features: 10 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since September 17, 2020 and is currently priced at $1,400,000.

While more than 41 listings in Brooklyn, NY in February 2025 were sold above asking price, there were more than 162 listings sold at asking price, and more than 158 were sold below. The number of listings in Brooklyn, NY decreased by 3% between January and February 2025. While the average time on the market in February 2025 was 132 days, the median list price was $995,000.

From Rocket Homes Real Estate and based on county public records data.

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