Under Contract – Backup offers may be accepted
$945,000
461 MILFORD Street
MLS® #RLS20052198
Listing by Brown Harris Stevens Residential Sales LLC
6
Bedrooms
5
Baths
N/A
Sq. Ft.
1920
Year Built
Quick Summary
Property Highlights
- Views: Other
- Style: WalkUp architecture
- Climate Control: Wall Units
Property Details
Description
Contract signed!
Presenting an exceptional opportunity to acquire a turnkey investment or a primary residence with an income-generating rental in the thriving East New York neighborhood. This semi detached, legally zoned two-family home was completely rebuilt in 2019, showcasing intelligent layouts and high-quality finishes throughout.
The second-floor unit is a bright and airy 3-bedroom, 2-bathroom apartment featuring high ceilings and a skylight. It is currently occupied by a reliable tenant on a month-to-month lease.
The first-floor apartment offers a spacious 3-bedroom, 2-bathroom layout with a generous living room, high ceilings, and access to a finished basement as well as a large 30 x 22 feet private backyard.
The finished basement includes a full-sized windowed bathroom and direct access to the backyard, making it an ideal space for recreation, a home gym, or a home office.
Each unit is equipped with separate boilers and water heaters, allowing for independent heating expenses.
461 Milford street is situated on a nice residential tree-lined street, provides convenient access to public transportation, including the A train at Euclid Avenue and the 2, 3, and 4 trains at New Lots Avenue.
With both apartments yielding a 7% CAP rate, this property represents a solid turnkey investment. One of the apartments can be delivered vacant, offering the owner the flexibility to occupy it while receiving market rent from the other unit, covering approximately 80 percent of your monthly mortgage payments.
Features & Amenities
Interior Features
Exterior Features
Building Amenities
Building Information
Financial Details
About East New York
View All East New York ListingsEast 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.
East New York Live Market Data
View NeighborhoodActive Listings
10
Median Asking Price
$814K
Median $/Sqft
$370
Avg Days on Market
N/A
New This Week
0
Price Reduced
30%
Sold (30 Days)
1
Median Sale Price
$780K
Live data from RLS at REBNY • Updated 4/10/26, 12:29 PM EST
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Location
461 MILFORD Street, East New York, Kings County
Floor Plans
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
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Listing Courtesy of Brown Harris Stevens Residential Sales LLC - Evgheni Petish
Listing Contact: (347) 417-4822
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.
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RLS Data display by Keller Williams NYC. Data last updated on 4/10/2026 at 4:29 PM UTC