Two-Family Corner
1052 E 12th Street Brooklyn, NY 11230
1052 E 12th Street, Brooklyn, NY, 11230
$2,999,999
For Sale
$2,999,999
MULTI_FAMILY - Brooklyn, NY
Property Size3,139 SF
Lot Size0.09 Acres
Price / SF$955.72
Days on Market31
Property Features for 1052 E 12th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R5
- Bedrooms
- 10
- Bathrooms
- 4
- Rooms
- Bedroom 3, Bedroom 9, Bedroom 10, Bathroom 4, Bedroom 2, Bathroom 1, Bedroom 1, Bedroom 6, Bathroom 3, Bedroom 5, Bedroom 4, Bathroom 2, Bedroom 7, Bedroom 8
- Interior features
- Refrigerator, Stove
- Basement
- Full, Finished
- Standard status
- Active
- Size
- 3,139 SF
- Lot size
- 0.09 Acres
Taxes and HOA fees
- Tax Annual Amount
- 13344
Building Details
- Year built
- 1901
- Floors in Building
- 3
- Flooring type
- Hardwood, Ceramic
- Building materials
- Masonry
- Roof type
- Shingle
Listing Agency
Kaloshi Real Estate Inc
(718) 287-5200
915 Coney Island Ave, Brooklyn, NY
Listed by
Javed Iqbal · License #10311203437
(718) 287-5200
Added: Jun 20 Updated: Jul 11 at 7:34 pm Checked: Jul 20 at 9:06 pm
MLS# 502459
Listing URL
Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This well-maintained two-family home is set on a 40' x 100' corner lot and offers a practical layout with 4 bedrooms. The property includes a private driveway for off-street parking and a detached two-car garage that adds convenient storage and parking options. With its established curb presence and corner positioning, the home is designed to provide added privacy and ample natural light.
Located in Brooklyn, the address at 1052 E 12th Street places the property within reach of neighborhood services and daily conveniences. Public transportation is nearby, including both buses and trains, and the area also offers access to shopping, schools, and houses of worship.
This configuration can fit a range of buyers looking for flexibility, whether you’re planning to occupy one unit while using the other, or evaluating the home as a residential income property. The combination of driveway parking and a detached garage can be especially useful in day-to-day operations, supporting easy move-in logistics and ongoing convenience. The corner lot also contributes to the home’s stand-out presence and sense of separation from neighboring properties.
Located in Brooklyn, the address at 1052 E 12th Street places the property within reach of neighborhood services and daily conveniences. Public transportation is nearby, including both buses and trains, and the area also offers access to shopping, schools, and houses of worship.
This configuration can fit a range of buyers looking for flexibility, whether you’re planning to occupy one unit while using the other, or evaluating the home as a residential income property. The combination of driveway parking and a detached garage can be especially useful in day-to-day operations, supporting easy move-in logistics and ongoing convenience. The corner lot also contributes to the home’s stand-out presence and sense of separation from neighboring properties.
Key Highlights
- Two‑family home on a 40' x 100' corner lot
- Private driveway plus detached two‑car garage for parking and storage
- Interior features include refrigerator and stove
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $160.1k | $51.00 |
| − Vacancy | −$3.0k | −$0.97 |
| EGI | $157.0k | $50.03 |
| − OpEx | −$47.1k | −$15.01 |
| NOI | $109.9k | $35.02 |
3,139 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.57M
$1.37M – $1.83M
NOI $109,933 @ 7.0% cap · market cap 3.66%
Second Best
Apartment 5plus
$1.37M
$1.20M – $1.60M
NOI $95,830 @ 7.0% cap · market cap 3.19%
Theoretical Best
Specialty Retail
$2.60M
$2.27M – $3.03M
NOI $181,936 @ 7.0% cap · market cap 6.06%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Ink Top Graphic
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Well-maintained two-family residence on a corner lot with private driveway and detached two-car garage.
Where is this duplex located?
The property is located at 1052 E 12th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,999,999.
What are key features of this property?
This property features: Two‑family home on a 40' x 100' corner lot; Private driveway plus detached two‑car garage for parking and storage; Interior features include refrigerator and stove
