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543 Miller Avenue, Brooklyn, NY, 11207

--beds
--baths
1,620sqft
$1,175,000
$725price/sqft
$7,215/moest. monthly cost
$288,600/yrincome needed

About This Home

MAKE AN OFFEER | BRING ALL OFFERS 543 Miller Avenue, Brooklyn, NY 11207 2 FAM Exceptional Brick Two-Family Home with Private Driveway & Tremendous Potential Welcome to this well-maintained brick two-family home in the heart of East New York, Brooklyn. Offering generous living space, a finished basement, an oversized private driveway, and a spacious rear yard, this property presents an outstanding opportunity for both homeowners and investors. The home features approximately 18 ft x 46 ft building dimensions and a low annual tax bill of only $4,974. Property Features: * Brick 2-family residence (Building Class B1) * First Floor: 3-bedroom apartment * Second Floor: 3-bedroom apartment * Finished basement with multiple finished rooms and a full bathroom * Rear bonus space offering flexible use for recreation, storage, home office, or hobby space* * Long private driveway with parking for 5+ vehicles * Spacious backyard ideal for entertaining and outdoor enjoyment One of the property's standout features is its location directly across from a neighborhood park, providing open views, added privacy, and a peaceful setting rarely found in Brooklyn. Location Highlights * Directly across from a park * Schools just minutes away * Convenient access to MTA buses and subway transportation * Close to neighborhood shopping and daily conveniences * Approximately 9 minutes to Gateway Center * Approximately 10 minutes to Lindenwood Diner * Approximately 25 minutes to JFK International Airport Whether you're looking to occupy one unit while generating rental income from the other, or expand your investment portfolio, this property offers exceptional flexibility and long-term value. Don't miss this opportunity to own a versatile Brooklyn property with excellent parking, strong income potential, and a highly convenient location. All uses should be verified by purchaser. Finished basement and rear bonus space are being represented as flexible-use areas and not as legal dwelling units unless independently verified.

Getting Around

75
WalkingVery Walkable
0
TransitVery Limited Transit
79
BikeVery Bikeable

Schools

10/10
Ps 149 Danny KayeGrades PK-50.2 mi
5/10
--

Construction

Condition

  • Year built: 1901

Materials

  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex,Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Full

Features

  • Eat-in Kitchen

Heating & Cooling

  • Heating features: See Remarks
  • Cooling features: Wall/Window Unit(s)

Interior Area

  • Total structure area: 1,620
  • Total interior livable area: 1,620 sqft

Property

Details

  • Parcel number: 040570006
  • Attached to another structure: Yes
  • Special condition: None

Lot

  • Lot size: 2,565 sqft

Parking

  • Total spaces: 4
  • Parking features: Alley Access
  • Carport: Yes
  • Carport spaces: 4

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveRelatively High
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Winter Weather
Tsunami

FEMA Declared Disasters in Kings County and New York

Flood
Severe Storm
Snowstorm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $5,941$71,292
Home Insurance *$459$5,508
Property Taxes $548$6,576
Electricity $267$3,212
Total$7,215$86,580
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$247,371/yr
40% on housing$216,450/yr
45% on housing$192,400/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 4.2%
4.2%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$725This listing

vs Other Active Listings

Avg $/sqft

ZIP 11207$498
Kings County$697

vs Homes Sold Last Month

Median $/sqft

ZIP 11207$530
Kings County$623

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-16Price change$1,175,000
2026-07-03Listed for sale$1,299,000
2026-04-13Listing removed$950,000
2026-03-17Price change$950,000
2025-12-13Listed for sale$975,000
2025-03-26Listing removed$929,000
2025-01-27Listed for sale$929,000
2024-04-18Listing removed$895,000
2024-04-10Price change$895,000
2024-04-03Price change$950,000
2024-01-06Price change$895,000
2024-01-05Listed for sale$850,000
2021-09-04Listing removed--
2021-06-04Listed for sale$875,000
2016-11-01Listing removed$210,000
2016-10-10Listed for sale$210,000
2014-09-15Listing removed$160,000
2014-09-09Listed for sale$160,000
2014-01-03Sold$20,000
2013-03-21Listing removed$1,450
2013-03-01Listing removed$190,000
2013-02-12Listed for rent$1,450
2012-12-17Listing removed$1,450
2012-12-06Listed for rent$1,450
2012-10-25Listing removed$1,450
2012-09-21Listed for rent$1,450
2007-01-12Sold$610,000
2000-04-07Sold$162,500

For Sale by Agent

AgentScheffee Wilson
BrokeragePosh Premises LLC

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