1708 W 12th Street Brooklyn, NY 11223
MULTI_FAMILY - Brooklyn, NY
- Added:
- May 31, 2024
- Days on Market:
- 773
- Last Refresh:
- Jul 12 at 5:06 am
Property Features for 1708 W 12th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R4-1
- Bedrooms
- 8
- Bathrooms
- 4
- Rooms
- Bedroom 6, Bedroom 7, Bedroom 8, Bathroom 3, Bathroom 4, Bedroom 3, Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 4, Bedroom 1, Bedroom 5
- Interior features
- Refrigerator, Stove
- Basement
- Full, Finished
- Standard status
- Active
- Size
- 3,000 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Annual Amount
- 14009
Building Details
- Year built
- 1930
- Floors in Building
- 2
- Number of units
- 4
- Flooring type
- Hardwood, Tile
- Building materials
- Brick
- Roof type
- Flat
Listing agent Billy Apter License #BEA5721 (718) 532-2000
Listing office RE/MAX Real Estate Professiona 6423 11th Avenue, Brooklyn, NY (718) 532-2000
Listing date May 31, 2024
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.
Key Highlights
- Solid brick semi‑detached 4‑family home with four 2‑bedroom units
- Full finished basement with separate entrances
- Year built: 1930
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 | $153.0k | $51.00 |
| − Vacancy | −$2.9k | −$0.97 |
| EGI | $150.1k | $50.03 |
| − OpEx | −$45.0k | −$15.01 |
| NOI | $105.1k | $35.02 |
