For Sale
$1,350,000

722 MILLER AVENUE East New York, NY 11207

4,536 SF Commercial/Multifamily Investment Opportunity

Source: https://caprijetrealty.com

Overview

Added:
Apr 22
Days on market:
1
Welcome to 722 Miller Ave, a rare gem in the heart of East New York real estate market. This stately three-story walk-up spans an impressive 4,536 square feet, offering a unique opportunity to own a piece of one of Brooklyn's most dynamic neighborhoods. Great investment opportunity. Featuring six rent-stabilized units, this property is an investment opportunity with steady income streams all six units are currently tenanted. Each residence is thoughtfully designed, boasting spacious bedrooms, a comfortable living room, and a full bath, with a dining. Situated just steps from highway and train and within walking distance from alot, the property offers unparalleled access to the vibrancy of area and its seamless connectivity to the rest of New York City. Residents enjoy a perfect balance of urban convenience and community charm, surrounded by thriving local businesses, trendy cafes, and serene green spaces. With real estate taxes approximately $14,000 annually, this property represents an exceptional blend of location, size, and income stability. Whether you're a seasoned investor or a buyer looking to enter the sought-after area that coming up strong market, 722 miller is a great opportunity, perfectly positioned to grow alongside the neighborhood's upward trajectory. Don't miss out on this incredible investment that promises both immediate income and no least active so room for improvement in rent roll and long-term potential in one of Brooklyn's most desirable communities., Additional information: Appearance:Great,Building Size:4920,Separate Hotwater Heater:yes

Property Details for 722 MILLER AVENUE

Property type
Residential income homes, Residential offices
Square Feet
4,920 SF
Price / Square Foot
$274.39
Buildings
1
Stories
3
Elevators
N/A
Net Rentable (sq. ft)
4,536 SF
Lot Size (sq. ft)
3,033 SF
Units
6

Location Insight

City
East New York
County
State
New York
Latitude
41.0403815
Longitude
-71.9198349

FAQs

What type of property is this?
Residential income home - 4,536 SF Commercial/Multifamily Investment Opportunity
Where is the residential income home located?
The property is located at 722 MILLER AVENUE East New York, NY.
What is the asking price?
The asking price for this property is $1,350,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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722 MILLER AVENUE
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