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    Brick Mixed-Use Income Building Title is generated by Realmo AI

    4303 12th Avenue, Brooklyn, NY 11219

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    Claim this Listing
    New
    For Sale
    $2,199,999

    MULTI_FAMILY - Brooklyn, NY

    Property size:
    4,250 SF
    Lot size:
    0.05 Acres
    Price / SF:
    $517/SF
    Added:
    Jun 10, 2026
    Days on Market:
    3
    Last Refresh:
    Jun 12 at 8:06 am

    Property Features for 4303 12th Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    R6
    Bedrooms
    10
    Bathrooms
    6
    Rooms
    Bathroom 3, Bathroom 4, Bedroom 6, Bedroom 2, Bedroom 5, Bedroom 8, Bedroom 10, Bathroom 6, Bedroom 7, Bathroom 1, Bedroom 3, Bedroom 9, Bedroom 4, Bedroom 1, Bathroom 2, Bathroom 5
    Basement
    Unfinished
    Standard status
    Active
    Size
    4,250 SF
    Lot size
    0.05 Acres

    Taxes and HOA fees

    Tax Annual Amount
    17160

    Building Details

    Year built
    1930
    Floors in Building
    3
    Number of units
    5
    Building materials
    Brick
    Roof type
    Flat

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    Listing Contact
    Lazer Endzweig

    Listing agent Lazer Endzweig

    Listing office Harvey Heino Realty Corp. 2401 Avenue U, Brooklyn, NY

    Listing date Jun 10, 2026

    MLS# 502197 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.

    HighLights

    • Solid brick building built in 1930 with a flat roof
    • 6‑unit building: 1 store and 5 apartments; currently occupied month by month with no leases
    • Lot size 20x100; building size 20x75
    • R6 zoning
    • Full basement with windows in every room
    • Approx. gross income of $95,000

    Overview

    This solid brick mixed-use income building contains six units total, including one store and five apartments. The property is configured on a lot measuring 20 by 100, with building dimensions noted as 20 by 75. It includes a full basement with windows in every room, providing additional finished or usable interior space. The offering is zoned R6.

    Located at 4303 12th Avenue in Brooklyn, the building is described as being in the heart of Borough Park. The property is currently occupied on a month-to-month basis, with no leases in place at this time.

    For buyers looking for a small, straightforward mixed-use residential and retail structure, this asset offers a combination of apartment and storefront income streams under a single ownership. The month-to-month occupancy can simplify near-term transition planning, and the full, windowed basement may support a variety of tenant or operator needs, subject to applicable requirements. Gross income is noted as approximately $95,000; interested parties should coordinate directly for additional details.

    Local Financial Insights For Apartment 5plus

    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 $209.1k $49.20
    − Vacancy −$8.8k −$2.07
    EGI $200.3k $47.13
    − OpEx −$90.1k −$21.21
    NOI $110.2k $25.92
    4,250 SF · lease $49.20/SF/yr · vacancy 4.20% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $1.57M
    $1.38M – $1.84M (±1% cap)
    NOI $110,175 @ 7.0% cap · market cap 5.01%
    Second Best
    Retail
    $1.28M
    $1.12M – $1.49M (±1% cap)
    NOI $89,464 @ 7.0% cap · market cap 4.07%
    Theoretical Best
    Office A
    $2.76M
    $2.41M – $3.21M (±1% cap)
    NOI $192,862 @ 7.0% cap · market cap 8.77%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    MaBell Collections Clothing & Fashion Store

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.990715
    Latitude
    40.639462

    FAQs

    What type of property is this?
    Apartment building - Six-unit brick building with one retail storefront and five apartments, zoned R6 and currently rented month to month.
    Where is this apartment building located?
    The property is located at 4303 12th Avenue Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $2,199,999.
    What are key features of this property?
    This property features: Solid brick building built in 1930 with a flat roof; 6‑unit building: 1 store and 5 apartments; currently occupied month by month with no leases; Lot size 20x100; building size 20x75
    More about this property
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