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.
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