Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
321 MILFORD Street
Interested in this property?
Active For Sale Multi Family

$1,550,000

321 MILFORD Street

East New York, Brooklyn

MLS® #RLS20068749

RLS at REBNY

Listing by Brooklyn Real Property Inc

10

Bedrooms

4

Baths

N/A

Sq. Ft.

1925

Year Built

Quick Summary

Bedrooms 10
Bathrooms 4
Lot Size 3,600 sq ft
Year Built 1925
Ownership None
Property Taxes $6,204/yr
Neighborhood East New York
Floor 1 of 2

Property Highlights

  • Views: Other
  • Character: Pre-war building (1925)

Property Details

Type Multi Family
Ownership None
Total Rooms 24
Baths 4 Full
Floor 1 of 2
View Other
Pets Yes
Year Built 1925
Structure Type Townhouse
Basement Other
Lot Size 3,600 sq ft
Parcel # 04262-0010
Block/Lot 04262/0010

Listing History

Event Date Price Change
Listed Jan 26, 2026 $1,550,000 -
Currently May 4, 2026 $1,550,000 -

Description

2 Units are vacant: 1 2-bedroom & 1 3-bedroom

Brooklyn Milford Street Solid BRICK semi attached 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! 3,184 sq ft living space Building size 26 wide & 72 deep!

FEATURES High ceiling & Full basement high ceiling with ceramic tile, lots of windows & 2 entrances! On 36 x 100 lot with private drive R5 zoning. 1,332 unused FAR! Low taxes- All market value tenant with high CAP rate! Near A & C train & all buses, shopping plus more! Nothing to do but close & collect rent! Asking price $1.55ML; Income $139,800-year;

Expense-$15,282 NOI-$124,518.00; CAP-8.03%

3 2-bedroom & 1 2-Bedroom! 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!! ALL FREE market rent!! No Restriction!! GREAT CONDITION! MINT!

Features & Amenities

Interior Features

Smoke Free In Unit

Building Amenities

Green Building

Building Information

Building Data View Compliance & Permits
Total Units 4
Stories 2
Structure Townhouse

Financial Details

RE Taxes $6,204/yr ($517/mo)

East New York offers a wide range of housing types including semi-detached homes, two-to-four-family houses, brick rowhouses, and new affordable construction developments along major corridors like Atlantic and Pennsylvania Avenues. The neighborhood has strong transit coverage with the 2, 3, 4, and 5 trains on the New Lots Line and the L train along the Canarsie Line, plus the major transfer hub at Broadway Junction. Shirley Chisholm State Park on Jamaica Bay and Spring Creek Park provide waterfront green space along the neighborhood's southern edge.

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Location

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321 MILFORD Street, East New York, Kings County

Building Information

Official NYC property records for this building

1925
Year Built
101 years old
2
Floors
4
Residential Units
R5
Zoning District
Walk-Up Apartments

Tax & Assessment

Assessed Value: $220,950
Land Value: $13,500
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 3,600 SF
Building Area: 3,184 SF
Built FAR: 0.88
Allowed FAR: 1.5

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed annual property tax is $6,204, or roughly $517 per month. Verify the current assessment with your attorney before closing.

This property has 10 bedrooms and 4 full bathrooms.

According to MLS records, the building was constructed in 1925, making it approximately 101 years old.

This listing is None

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS20068749
First Listed: 1/26/2026
On Market: 1/26/2026
Price Changed: 1/26/2026
Contract Date: 1/26/2026

Listing Courtesy of Brooklyn Real Property Inc - Jean Paul Ho

Listing Contact: (718) 875-8899

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/4/2026 at 5:06 PM UTC

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