Two-Unit Converted
For Sale
$849,000
12 Brighton 3rd Road, Brooklyn, NY 11235
Residential, Brooklyn, NY
Property Size1,080 SF
Lot Size0.04 Acres
Price / SF$786.11
Days on Market1069
Property Features for 12 Brighton 3rd Road
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R6
Bedrooms
6
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Bedroom 2, Bedroom 5, Bedroom 6, Bedroom 3, Bathroom 1, Bathroom 2, Bedroom 4
Interior features
Refrigerator, Stove
Basement
Full, Finished
Subdivision
Brighton Beach
Standard status
Active
Size
1,080 SF
Lot size
0.04 Acres
Taxes and HOA fees
Tax Annual Amount
2476
Building Details
Year built
1910
Floors in Building
1
Number of units
2
Listing Agency:
Winzone Realty Inc
Listed By:
Bin Hu Zhan
(718) 676-6611
Added: Nov 7, 2023
Changed: Oct 10
Last Checked: Oct 11 at 1:06PM
MLS# 478100
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 Brooklyn duplex property contains 1,080 square feet and was converted from a single dwelling into two separate dwellings. The building measures 18 by 60 feet on a 22 by 80-foot lot, with a layout that includes multiple bedrooms and two bathrooms. A refrigerator and stove are included among the interior features.
Constructed in 1910, the property is located in Brooklyn, NY, and carries R6 zoning. The parcel encompasses 0.0399 acres and is identified as a two-dwelling residential income property.
Constructed in 1910, the property is located in Brooklyn, NY, and carries R6 zoning. The parcel encompasses 0.0399 acres and is identified as a two-dwelling residential income property.
Key Highlights
- Two dwellings converted from one dwelling
- 1,080‑square‑foot building on a 0.0399‑acre lot
- Building dimensions: 18x60
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,823
Cap Rate
4.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$756,460
$756.5K
Cap Rate 7%
$540,329
$540.3K
Cap Rate 9%
$420,256
$420.3K
Market Conditions
NOI Build-Up for 1,080 SF
Gross rent
$55.1K $51.00/SF
− Vacancy
−$1.0K −$0.97/SF
EGI
$54.0K $50.03/SF
− OpEx
−$16.2K −$15.01/SF
NOI
$37.8K $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%
$756,460
Cap Rate 7%
$540,329
Cap Rate 9%
$420,256
Alternative Uses
Best Use
Multifamily LT 5
$540.3K
$472.8K – $630.4K
NOI $37,823 @ 7.0% cap · market cap 4.46%
Second Best
Apartment 5plus
$471.0K
$412.1K – $549.5K
NOI $32,971 @ 7.0% cap · market cap 3.88%
Theoretical Best
Specialty Retail
$894.2K
$782.5K – $1.04M
NOI $62,597 @ 7.0% cap · market cap 7.37%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
5,495
Businesses Nearby
Explore this area
Business Placement
Demographics for 11235, NY
88,482
Population
37,188
Households
2.4
Avg Household Size
44
Median Age
50%
College-Educated
90%
High-School Grad
2.5 sq mi
ZIP Area
35,393
Density / Sq Mi
$61,689
Median Household Income
$48,898
Median Earnings
$1,649
Median Rent
$723,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Converted two-dwelling property with R6 zoning and included refrigerator and stove.
Where is this duplex located?
The property is located at 12 Brighton 3rd Road Brooklyn, NY.
What is the asking price?
The asking price for this property is $849,000.
What are key features of this property?
This property features: Two dwellings converted from one dwelling; 1,080‑square‑foot building on a 0.0399‑acre lot; Building dimensions: 18x60
