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131 Milford StreetBrooklyn, NY 11208

For Sale

$475,000

Smart Buyer Rebate - Ask

This two-family home, currently configured as a single-family residence, offers a rare opportunity for buyers looking for a full renovation project with tremendous potential. The property spans three floors plus a basement, providing a flexible layout ideal for customization, expansion, or redevelopment. This property places future homeowners close to local amenities, recreation, and neighborhood such as Highland Park near Transit.

Current Layout
1st Floor: living room, kitchen, half bathroom
2nd Floor: one large master bedroom and one full bathroom
3rd Floor: two bedrooms and one full bathroom
Basement: boiler, electric panel, and gas meters. It’s a great space for mechanicals, storage, or future finishing.

This property is an investor’s dream, especially with current zoning of R5B, offering potential development options (verify with an architect). Buyers are also encouraged to consider purchasing the vacant lot next door, creating an even greater opportunity for expansion or new construction.

Listed by Nytavia Jones

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Diamond Mine Real Estate LLC

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516-292-4300

Last updated December 11, 2025

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Source: OneKey #943086

Listing Facts

  • TypeSingle-family
  • NeighborhoodEast New York
  • Bedrooms3
  • Bathrooms3
  • Days on Prevu3
  • Taxes$1,366.8/year
  • Size1,632 sqft
  • Price per sqft$291

Location

Mortgage Calculator

Listing History

12/10/2025
Listed by Diamond Mine Real Estate LLC
$475,000

Estimated Closing Costs

Total
$18,477
Attorney Fees
$4,000
Title Insurance
$2,138
Bank Attorney
$1,500
Mortgage Recording Tax
$6,839
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $475,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.

Property Details for 131 Milford Street

Exterior

Construction

  • Property Attached: Yes
  • Property Condition: Fixer
  • Year Built: 1901
  • Architectural Style: Other
  • Construction Materials: Brick

Measurements

  • Building Area Total: 1,632
  • Building Area Units: Square Feet
  • Lot Size Acres: 0.03
  • Lot Size Square Feet: 1,708

Financial

Taxes

  • Parcel Number: 04189-0009
  • Tax Annual Amount: $1,366.80
  • Tax Assessed Value: $54,180.00
  • Tax Year: 2024

Interior

Features

  • Interior Features: Eat-in Kitchen

Measurements

  • Living Area: 1,632
  • Living Area Source: Public Records

Rooms

  • Basement: Partial
  • Has Basement: Yes
  • Bathrooms Full: 2
  • Bathrooms Half: 1
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 3
  • Rooms Total: 7

Other

Location

  • Tax Block: 4189
  • Tax Lot: 9

Parking

Parking

  • Parking Features: On Street

Schools

Elementary School

  • Elementary School: Ps 108 Sal Abbracciamento
  • Elementary School District: Brooklyn 19

High School

  • High School: Perf Arts & Tech High School
  • High School District: Brooklyn 19

Middle or Junior School

  • Middle Or Junior School: Liberty Avenue Middle School
  • Middle Or Junior School District: Brooklyn 19

Utilities

Equipment

  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this single-family home have?

There are 3 bedrooms and 3 bathrooms in this single-family home at 131 Milford Street.

What schools are nearby to 131 Milford Street?

Nearby schools include the Ps 108 Sal Abbracciamento Elementary School, Liberty Avenue Middle School, and Perf Arts & Tech High School.

What are the annual taxes for 131 Milford Street?

Annual taxes for this single-family home are estimated at $1,366.

How does 131 Milford Street compare to other single-family homes in East New York?

This single-family home is listed 37% below the average price for single-family homes in East New York and has been on the market for 112 less days than the typical home in this area.

What is the square footage on this single-family home?

According to the MLS, this listing is 1,632 sqft.

131 Milford Street is a 3-bedroom, 3-bath single-family home for sale in Brooklyn NY 11208. Available on Prevu for 3 days at $475,000. This property features 1,632 square feet of living space, located in East New York. The median listing price for single-family homes in this area is $887,500. Nearby schools include Ps 108 Sal Abbracciamento Elementary School, Liberty Avenue Middle School, and Perf Arts & Tech High School. Browse more single-family home listings in Brooklyn.

The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey™ MLS. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. Information Copyright 2025, OneKey™ MLS. All Rights Reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.