321 MILFORD Street, New York City, NY 11208
Listing Courtesy of Brooklyn Real Property Inc
$1,550,000
Potential Rebate: $23,250
Overview
<p> 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! 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! FHA Approved buy with 3.5% Down!!</p> <p> Asking price $1.55ML; Income $139,800-year; Expense-$15,282 NOI-$124,518.00; CAP-8.03%</p> <p> </p> <p>321 Milford street income & expenses</p> <p> Income</p> <p>Apt #1F---- $2,700 2 Bd</p> <p>Apt#1r------$2,550 1Bd</p> <p>Apt#2f------$3,800 3Bd</p> <p>Apt#2R------$2,600 1Bd</p> <p>Monthly $11,650 Annual $139,800</p> <p> </p> <p> Expenses</p> <p>Tax$ 6,200</p> <p>Water$ 3,484</p> <p>Gas$ 5,018</p> <p>Electric$ 580</p> <p>Total: $15,282</p> <p> </p>
Home Features
- •In Unit
- •Smoke Free
Estimated Monthly Payment
$7,963 per month
30 year fixed, 6.28% Interest
Estimated Rebate for this Home
One-time rebate at closing
$23,250
Monthly savings impact
$65/mo
Effective Purchase Price
$1,526,750
(Home Price - Estimated Rebate)
💡 Estimated rebate from our commission
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: Commission structures vary by property, developer, and transaction. Resale properties typically offer around 3% buyer-side commission, and new developments around 5%, but this is not guaranteed. New developments are often open to negotiation, and each property and transaction is unique. Rebate amounts shown are estimates only. Please confirm commission terms and rebate eligibility with Regis Roumila for the specific property you are interested in. This information is not provided by the Real Estate Board of New York (REBNY).
RLS IDX Data display by Real Estate Rebate Team. This 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. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.
The Real Estate Rebate Team
Listing Courtesy of Brooklyn Real Property Inc
Data Source: TRESTLE #RLS20050281
RLS at REBNY
Why Buy With Us
Rebates Up To
2.5%
25+ Years
Experience
REBNY & NAR
Member
Verified
Listings
RLS IDX Data display by Real Estate Rebate Team. This 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. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.
The Real Estate Rebate Team
Listing Courtesy of Brooklyn Real Property Inc
Data Source: TRESTLE #RLS20050281
RLS at REBNY
Price Analysis
Compare average listing prices and value metrics for 321 MILFORD Street against the surrounding East New York market.
Average List Price
Price Per SqFt
35.59% Higher
than the East New York price-per-sq-ft average
This building commands a premium compared to the neighborhood baseline. This typically indicates superior amenities, newer construction, or prime positioning within East New York.
