94 Milton StBrooklyn, NY 11222

For Sale
Call for price

High-NOI, Renovated Apartment Building

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional 8-unit multifamily property, located at 94 Milton Street in the vibrant Greenpoint neighborhood of Brooklyn, New York (zip code 11222), presents a compelling investment opportunity. The building boasts a substantial 7,500 square feet of living space, currently generating a strong Net Operating Income (NOI) of $440,000. Seven out of the eight units are free-market, offering significant potential for rental income growth. The property's prime location in Greenpoint, known for its thriving community and convenient access to transportation, ensures consistent tenant demand. This fully renovated building is a turnkey investment, requiring minimal capital expenditure upon acquisition. The property's strong financial performance, coupled with its desirable location and the potential for further appreciation, makes it an ideal addition to any investor's portfolio. Detailed financial statements are available upon request. This is a rare opportunity to acquire a well-maintained, high-performing multifamily asset in one of Brooklyn's most sought-after neighborhoods. Serious inquiries only. The property is situated at 40.729005 latitude and -73.956733 longitude. Kings County tax records are available for review.

Highlights

  • 8-unit multifamily property in Greenpoint, Brooklyn (11222).
  • 7,500 square feet with $440,000 NOI.
  • Seven of eight units are free-market, offering rental growth potential.
  • Turnkey investment in a prime Greenpoint location with high tenant demand.
  • Strong financial performance and potential for appreciation.

Property Details for 94 Milton St

Property type
Multifamily properties, Apartment buildings
Square Feet
7,500 SF
Units
8

Location Insight

City
Brooklyn
County
Kings
State
New York
Latitude
40.729005
Longitude
-73.956733
94 Milton St, Brooklyn, New York

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94 Milton St
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