321 Milford Street, New York City, NY 11208 - Photo 1

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$1,550,000

For Sale
Active
Multi-Family
10 Total Beds
Updated 13 days ago

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Property Description

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!! Asking price $1.55ML; Income $139,800-year; Expense-$15,282 NOI-$124,518.00; CAP-8.03% 321 Milford street income & expenses Income Apt #1F---- $2,700 2 Bd Apt#1r------$2,550 1Bd Apt#2f------$3,800 3Bd Apt#2R------$2,600 1Bd Monthly $11,650 Annual $139,800 Expenses Tax$ 6,200 Water$ 3,484 Gas$ 5,018 Electric$ 580 Total: $15,282

Full Property Details

Full Property Details for 321 Milford St

General

Price: $1,550,000
Taxes: $3,648
Status: Active
Type: Multi-Family
Source: REBNY
MLS ID: RLS20050281
Updated: 1/5/2026
Added to Site: 118 day(s) ago

Interior

Number of Rooms: 24
Interior Features: Smoke Free

Rooms

Bathrooms

Total Bathrooms: 4
Full Bathrooms: 4

Bedrooms

Total Bedrooms: 10

Other Rooms

Laundry: In Unit

Location

County: Kings
Subdivision: East New York

Community

Pets Allowed: Yes

Structural Information

Structure Type: Townhouse
Basement Desc.: Other
Stories/Levels: 2
Year Built: 1925
Other Struct. Feat.: Green Building

Lot Features

Property View: Other
Lot Size: 3600
Lot Dimensions: 100.00 x 36.00

Financial Considerations

Tax Amount: $3,648

Disclosures and Reports

Special Conditions: Standard
Property ID: 04262-0010
Block: 4262
Lot Number: 10

Listing Courtesy of Brooklyn Real Property Inc

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Schools

Schools serving 321 Milford St

School District:New York City Geographic School District 19

Name	Grades	Distance
East New York Elementary School Of Excellence 605 Shepherd Avenue, Brooklyn, NY 11208	PK-5	0.2 mi
Jhs 218 James P Sinnott 370 Fountain Avenue, Brooklyn, NY 11208	6-8	0.1 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 321 Milford St Get Price Alerts and Save Property

Date

Details

Price

Change

Source

9/22/2025

Listed

$1,550,000

—

MLS

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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History

Tax History for 321 Milford St

Year

Property Taxes

Change

Tax Assessment

Change

2025

$6,219

8%

$49,755

-72%

2024

$5,765

8%

$174,600

9%

2023

$5,342

10%

$160,650

-3%

2022

$4,856

—

$165,600

10%

2021

$4,856

2%

$150,165

24%

2020

$4,774

8%

$121,500

—

2019

$4,425

7%

$121,500

270%

2018

$4,145

7%

$32,866

8%

2017

$3,873

-1%

$30,451

—

2016

$3,926

4%

$30,451

3%

2015

$3,793

25%

$29,441

8%

2014

$3,028

-4%

$27,288

8%

2013

$3,147

—

$25,282

—

View All

Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost

Estimate the Cost for 321 Milford St

321 Milford Street, New York City, NY 11208 (MLS# RLS20050281) is a Multi-Family property with 4 units containing 10 bedrooms and 4 full bathrooms. 321 Milford Street is currently listed for $1,550,000 and was received on September 22, 2025. Want to learn more about 321 Milford Street? Do you have questions about finding other Multi-Family real estate for sale in New York City? You can browse all New York City real estate or contact a Coldwell Banker agent to request more information.

321 Milford St New York City, NY 11208