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    1761 East 12Th St Brooklyn, NY 11229

    For Sale
    $5,800,000

    Mixed Use - Brooklyn, NY

    Type:Mixed Use
    Lot size:
    0.16 Acres
    Days on Market:
    10
    Last Refresh:
    Dec 9 at 8:06 pm

    Property Features for 1761 East 12Th St

    General Information

    Property type
    Other
    Property subtype
    Mixed Use
    Standard status
    Active
    Zoning
    R7A
    Lot size
    0.16 Acres

    Building Details

    Year built
    1910
    Floors in Building
    2
    Flooring type
    Hardwood, Tile
    Building materials
    Brick
    Architectural style
    Other

    Tiger Realty (917) 708-9966

    Listing agent Charlene Pan (917) 708-9966

    Listing date Nov 30, 2025

    MLS# 496836 Listing URL

    Copyright © 2025 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.

    Overview

    Brooklyn Mixed-Use Development Opportunity

    This offering presents an exceptional investment and development opportunity in the Midwood section of Brooklyn. The properties, located at 1761 & 1763 E 12th St, are being offered together as a package deal. The combined lots are zoned R7A and offer approximately 7,020 sq ft with dimensions of approximately 60 x 117 ft, providing about 28,000 buildable square feet, suitable for luxury condos or a mixed-use development. The property is currently generating approximately $185,000 in annual rent, with the option to deliver the property vacant at closing. The location is convenient, with proximity to the Kings Highway shopping corridor, the F train station, schools, and local amenities. This represents a chance to secure a property with growth potential in a desirable Brooklyn neighborhood.
    Location Intelligence

    Current Use by Public Records

    Natalia's Natural Way Laser Hair Removal Service Nelipovich Irina MD Pediatrician Elena's Skincare Beauty Salon

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.984344
    Latitude
    40.603786

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    FAQs

    What type of property is this?
    Mixed-use property - Prime Midwood location with high-yield potential and development opportunity.
    Where is this mixed-use property located?
    The property is located at 1761 East 12Th St Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $5,800,000.
    What are key features of this property?
    This property features: - Prime Midwood location offering exceptional investment and development opportunity.; - Combined lots totaling approximately 7,020 sq ft with approx. 28,000 buildable square feet.; - Zoned R7A, perfect for luxury condos or mixed-use development.
    (917) 708-9966
    Request Owner's contact information
    1761 East 12Th St Brooklyn, NY 11229
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    Brooklyn, NY 11229
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1761 East 12Th St Brooklyn, NY 11229
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