659 Miller Ave | Brooklyn, NY 11207
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
659 Miller Ave
Brooklyn, NY 11207
Multifamily Property For Sale · 6 Units
Executive Summary
659 Miller Ave, Brooklyn NY 11207
Up for sale is a 6-unit residential building centrally located in East New York.
Coming in at 4,920 Square Footage spread over 3 floors.
Building Dimensions: 20.5' X 80'
Lot Size: 28 ‘ X 95 ‘
Unit mix of 5 two bedroom apartments and 1 one bedroom apartment.
One unit is currently vacant, which provides an opportunity for a savvy homebuyer to occupy this unit while generating cash flow from the rented units.
For investors this provides a property with a solid rent roll and a building with upside.
7.5% Cap Rate at asking price.
Seller financing available
Price is negotiable.
All the DHCRs are up to date.
The boiler is only 1 year old, and the roof has recently been renovated as well. The property has a shared driveway, garage and a large walkout basement.
Walking distance of only 3 minutes to multiple train lines (2/3/4/5) along with many shops and dining options nearby.
Brokers and agents are welcome to bring their buyers. Call the listing broker for more information.
Up for sale is a 6-unit residential building centrally located in East New York.
Coming in at 4,920 Square Footage spread over 3 floors.
Building Dimensions: 20.5' X 80'
Lot Size: 28 ‘ X 95 ‘
Unit mix of 5 two bedroom apartments and 1 one bedroom apartment.
One unit is currently vacant, which provides an opportunity for a savvy homebuyer to occupy this unit while generating cash flow from the rented units.
For investors this provides a property with a solid rent roll and a building with upside.
7.5% Cap Rate at asking price.
Seller financing available
Price is negotiable.
All the DHCRs are up to date.
The boiler is only 1 year old, and the roof has recently been renovated as well. The property has a shared driveway, garage and a large walkout basement.
Walking distance of only 3 minutes to multiple train lines (2/3/4/5) along with many shops and dining options nearby.
Brokers and agents are welcome to bring their buyers. Call the listing broker for more information.
PROPERTY FACTS
| Price Per Unit | $231,096 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.06 AC |
| Cap Rate | 7.50% | Building Size | 4,920 SF |
| No. Units | 6 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1925 |
| Property Subtype | Apartment |
| Price Per Unit | $231,096 CAD |
| Sale Type | Investment |
| Cap Rate | 7.50% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 4,920 SF |
| No. Stories | 3 |
| Year Built | 1925 |
Unit Amenities
- Air Conditioning
- Heating
- Hardwood Floors
- Refrigerator
- Oven
- Range
- Tub/Shower
- Instant Hot Water
- Window Coverings
- Large Bedrooms
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 5 | - | - |
| 1+1 | 1 | - | - |
PROPERTY TAXES
| Parcel Number | 04087-0009 | Improvements Assessment | $375,656 CAD |
| Land Assessment | $7,680 CAD | Total Assessment | $383,335 CAD |
PROPERTY TAXES
Parcel Number
04087-0009
Land Assessment
$7,680 CAD
Improvements Assessment
$375,656 CAD
Total Assessment
$383,335 CAD
zoning
| Zoning Code | R6 |
| R6 |
1 of 2
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
