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$1,500,000 Just Listed
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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 479 Milford St
General
- Price: $1,500,000
- Taxes: $3,146
- Status: Active
- Type: Lots/Land
- Source: Long_Island
- MLS ID: 957656
- Updated: Today (2/6/2026)
- Added to Site: Today
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): 0.0528
- Lot Size (Sq. Ft.): 2,300
- Zoning: R5
Financial Considerations
- Tax Amount: $3,146.12
Disclosures and Reports
- Special Conditions: None
- Property ID: 04457-0043
Listed by ERA/Top Service Realty Inc
Get Pre-Approved Today
Schools
Schools serving 479 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 | 0.2 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 479 Milford St
Date
Details
Price
Change
Source
2/06/2026
Listed
$1,500,000
—
MLS
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 479 Milford St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,184
6%
$15,855
-6%
2024
$3,004
6%
$16,920
4%
2023
$2,834
-1%
$16,260
8%
2022
$2,866
-51%
$15,000
6%
2021
$5,895
111%
$14,160
8%
2020
$2,797
6%
$13,080
—
2019
$2,638
10%
$13,080
11%
2017
$2,397
-68%
$11,760
-84%
2016
$7,422
1%
$75,150
8%
2015
$7,317
5%
$69,750
13%
2014
$6,968
3%
$61,650
-9%
2013
$6,746
—
$67,500
—
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 479 Milford St
479 Milford Street, Brooklyn, NY 11208 (MLS# 957656) is a Lots/Land property with a lot size of 0.0528 acres. 479 Milford Street is currently listed for $1,500,000 and was received on February 06, 2026. Want to learn more about 479 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.

