Updated 3 years ago
Sold
697 Miller Ave
East New York, Brooklyn | Hegeman Ave & Hegeman Ave
4,773 Square FeetIncome Property
$1,100,000
floors / apts3 / 6
Lot Size30'x100'
Built Size20'x80'
ZoneR6
Building TypeHouse
RE Taxes$12,650
Price Per SF
$230
This property was sold for $845,000 on 04/03/23.
Building Amenities
- Driveway
Property Description for 697 Miller Ave
Well Maintained brick 6 family investment property on a beautiful residential block of fast growing East New York. 4 units are rent stabilized, 2 units are free market. House will be delivered with the 2 free market units vacant. All tenants pay rent and take care of their apartments. Units are accessible. Vacant units need some TLC but in a livable condition. Private Driveway can fit 2 cars. 2 blocks from the 2,3,4 subway line.
Current rent roll: $47,244. Projected rent roll after renting the 2 vacant units $95,244 = Cap rate 8.6%
Current rent roll: $47,244. Projected rent roll after renting the 2 vacant units $95,244 = Cap rate 8.6%
Listing History for 697 Miller Ave
Now
04/03/2023
$845,000
Sold and Closed by Shadaby Azam
eXp Realty NYC
01/05/2023
Contract Signed by Shadaby Azam
eXp Realty NYC
Building Details for 697 Miller Ave
OwnershipIncome Property
Building TypeHouse
AgePre-War
AccessWalk-up
Year Built1930
Floors/Apts3/6
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 88591TH
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