477 Milford Street, Brooklyn, NY 11208 - Photo 1

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$1,250,000 -$250,000 (-16.67%) Price Reduced

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Active
Lots/Land
0.0536 Acres
Updated 3 days ago

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Property Description

Located in the heart of East New York, one of Brooklyn`s most rapidly transforming neighborhoods, 477 Milford Street presents a rare opportunity for visionary developers. This vacant lot is being offered for redevelopment with with up to 3450 sqft. of buildable space ideal for up to 4 residential units (R5). This corner lot location adds to its appeal for prospective developers looking to invest in real estate development in the East New York area. Situated close to Linden BLvd., a major corridor in Brooklyn, the site benefits from exceptional exposure. Easy access to key transit, commercial hubs, including the Belt Parkway, N. Conduit, Gateway Center Mall, Cross Island Parkway and JFK Airport (attracting traffic from across BKLYN, QNS and LI). All zoning an buildable square footage should be independently verified- consult with an architect to confirm allwable use and development potential. (477 & 479 Milford Street cannot be bifurcated). Cash is king!

Full Property Details

Full Property Details for 477 Milford St

General

Price: $1,250,000
Taxes: $994
Status: Active
Type: Lots/Land
Source: Long_Island
MLS ID: 957565
Updated: 3/31/2026
Added to Site: 56 day(s) ago

Location

County: Kings (Brooklyn)

School Information

High School District: Contact Agent
Elementary School: Contact Agent
Middle School: Call Listing Agent
High School: Contact Agent

Utilities

Sewer: Public Sewer

Structural Information

Detached/Attached: Detached
Current Bldg. Use: Vacant

Lot Features

Lot Size (Acres): 0.0536
Lot Size (Sq. Ft.): 2,333
Zoning: R5

Financial Considerations

Tax Amount: $994.16

Disclosures and Reports

Special Conditions: None
Property ID: 04457-0045
Lot Number: 45

Listed by ERA/Top Service Realty Inc

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— 477 Milford St —

ERA/Top Service Realty Inc

718-464-5800

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Schools

Schools serving 477 Milford St

School District:New York City Geographic School District 19

Name	Grades	Distance
Ps 202 Ernest S Jenkyns 982 Hegeman Avenue, Brooklyn, NY 11208	K-6	0.1 mi
Jhs 218 James P Sinnott 370 Fountain Avenue, Brooklyn, NY 11208	6-8	0.1 mi

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

Price & Sales History for 477 Milford St Get Price Alerts and Save Property

Date

Details

Price

Change

Source

3/31/2026

Price Reduced

$1,250,000

-16.67%

MLS

2/06/2026

Listed

$1,500,000

—

MLS

Get Price Alerts and Save Property

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 477 Milford St

Year

Property Taxes

Change

Tax Assessment

Change

2025

$1,006

6%

$5,010

-58%

2024

$949

1%

$11,940

3%

2023

$941

-1%

$11,640

4%

2022

$951

2%

$11,160

—

2021

$931

5%

$11,160

13%

2020

$884

6%

$9,900

—

2019

$834

15%

$9,900

154%

2017

$728

—

$3,904

9%

2017

$728

8%

$3,572

6%

2016

$674

8%

$3,372

6%

2015

$622

3%

$3,183

—

2014

$605

12%

$3,183

1%

2013

$542

—

$3,154

—

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

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477 Milford Street, Brooklyn, NY 11208 (MLS# 957565) is a Lots/Land property with a lot size of 0.0536 acres. 477 Milford Street is currently listed for $1,250,000 and was received on February 06, 2026. Want to learn more about 477 Milford Street? Do you have questions about finding other Lots/Land real estate for sale in Brooklyn? You can browse all Brooklyn real estate or contact a Coldwell Banker agent to request more information.

477 Milford St Brooklyn, NY 11208