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Triplex With Rooftop Deck
New
For Sale
$4,200,000

1172 E 12th Street, Brooklyn, NY 11230

Residential, Triplex, Brooklyn, NY

Property Size3,590 SF
Lot Size0.07 Acres
Price / SF$1,169
Days on Market1

Property Features for 1172 E 12th Street

General Information

Property type Residential
Property subtype Triplex
Zoning R5
Bedrooms 8
Bathrooms 7
Full bathrooms 6
Half bathrooms 1
Rooms Bedroom 7, Bedroom 2, Bedroom 1, Bedroom 3, Bathroom 7, Bedroom 8, Bathroom 2, Bathroom 5, Bathroom 4, Bathroom 6, Bathroom 3, Bathroom 1, Bedroom 6, Bedroom 5, Bedroom 4
Interior features Central Air - Split
Basement Full, Finished
Subdivision Midwood
Standard status Active
Size 3,590 SF
Lot size 0.07 Acres

Taxes and HOA fees

Tax Annual Amount 17953

Amenities

private library
radiant heated floors
insulated walls and ceilings
individually zoned HVAC
concealed sound systems
private porch
secluded garden
outdoor deck
snow-melt system
fully finished basement
private gym
kosher kitchen
custom built-in storage
rooftop deck
smart-home technology

Building Details

Year built 1920
Floors in Building 3
Flooring type Hardwood
Roof type Flat
Architectural style Other
Listing Agency: Double Door Realty Inc
Listed By: Cheryl Samouha
Added: Oct 22 Last Checked: Oct 22 at 10:06PM
MLS# 505476

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.

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Investment Insights

Based on property information with market context.

This R5-zoned triplex contains 3,590 square feet on a 0.0689-acre lot. Built in 1920, the property has a 30-by-100-foot lot and a 20-by-56-foot building footprint. Interior features include hardwood flooring, split-system central air, a private library, and a finished basement with a gym, kosher kitchen, and built-in storage.

Outdoor areas include a 1,268-square-foot rooftop deck, a garden, a deck, and a porch off the primary bedroom. A private driveway accommodates three cars. The property also has a sidewalk and driveway snow-melt system.

Key Highlights

  • 3,590‑square‑foot triplex on a 0.0689‑acre lot
  • R5 zoning; 30 x 100 lot and 20 x 56 building footprint
  • 1,268‑square‑foot rooftop deck

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$125,728
Cap Rate
2.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,514,560 $2.5M
Cap Rate 7%
$1,796,114 $1.8M
Cap Rate 9%
$1,396,978 $1.4M
Market Conditions
NOI Build-Up for 3,590 SF
Gross rent
$183.1K $51.00/SF
− Vacancy
−$3.5K −$0.97/SF
EGI
$179.6K $50.03/SF
− OpEx
−$53.9K −$15.01/SF
NOI
$125.7K $35.02/SF
Area
Brooklyn, NY
Vacancy
1.90%
Lease Rate
$51.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,514,560
Cap Rate 7%
$1,796,114
Cap Rate 9%
$1,396,978

Alternative Uses

Best Use
Multifamily LT 5
$1.80M
$1.57M – $2.10M (±1% cap)
NOI $125,728 @ 7.0% cap · market cap 2.99%
Second Best
Apartment 5plus
$1.57M
$1.37M – $1.83M (±1% cap)
NOI $109,599 @ 7.0% cap · market cap 2.61%
Theoretical Best
Specialty Retail
$2.97M
$2.60M – $3.47M (±1% cap)
NOI $208,076 @ 7.0% cap · market cap 4.95%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Location Intelligence

Trade Area within ½ mile

3,703
Businesses Nearby

Demographics for 11230, NY

91,391
Population
34,269
Households
2.7
Avg Household Size
35
Median Age
44%
College-Educated
82%
High-School Grad
1.8 sq mi
ZIP Area
50,773
Density / Sq Mi
$69,522
Median Household Income
$43,135
Median Earnings
$1,734
Median Rent
$863,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - The finished basement includes a gym, a kosher kitchen, and custom built-in storage.
Where is this triplex located?
The property is located at 1172 E 12th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $4,200,000.
What are key features of this property?
This property features: 3,590‑square‑foot triplex on a 0.0689‑acre lot; R5 zoning; 30 x 100 lot and 20 x 56 building footprint; 1,268‑square‑foot rooftop deck
More about this property
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