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Brooklyn Multifamily Property For Sale

12 Brighton 3rd Road Brooklyn, NY 11235

12 Brighton 3rd Road, Brooklyn, NY, 11235
$849,000
For Sale
$849,000

MULTI_FAMILY - Brooklyn, NY

Property Size1,080 SF
Lot Size0.04 Acres
Price / SF$786.11
Days on Market982

Property Features for 12 Brighton 3rd Road

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R6
Bedrooms
6
Bathrooms
2
Rooms
Bedroom 3, Bedroom 2, Bathroom 1, Bedroom 1, Bedroom 6, Bedroom 5, Bedroom 4, Bathroom 2
Interior features
Refrigerator, Stove
Basement
Full, Finished
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
7405 18th Ave, Brooklyn, NY
Listed by Bin Hu Zhan
Added: Nov 7, 2023 Checked: Jul 16 at 7:06 pm
MLS# 478100 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.


Investment Insights

Based on property information with market context.

This multifamily property is located in Brooklyn, NY. The building, converted from a one-dwelling structure to a two-dwelling configuration, measures 18x60 feet and is situated on a 0.0399-acre lot with dimensions of 22x80 feet. The property is zoned R6. The building size is 1080 square feet. The current monthly rental income is $6000.

Key Highlights

  • Converted 2‑dwelling property (converted from 1 dwelling).
  • Building size 18 x 60 with lot size 22 x 80.
  • Year built: 1910.

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 $55.1k $51.00
− Vacancy −$1.0k −$0.97
EGI $54.0k $50.03
− OpEx −$16.2k −$15.01
NOI $37.8k $35.02
1,080 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$540.3K
$472.8K – $630.4K (±1% cap)
NOI $37,823 @ 7.0% cap · market cap 4.46%
Second Best
Apartment 5plus
$471.0K
$412.1K – $549.5K (±1% cap)
NOI $32,971 @ 7.0% cap · market cap 3.88%
Theoretical Best
Specialty Retail
$894.2K
$782.5K – $1.04M (±1% cap)
NOI $62,597 @ 7.0% cap · market cap 7.37%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Parking Lot & Garage Catering Service Nursing Home Nursing Home HVAC Service Hotel & Motel (Bike/Boat/Book/etc) Store Locksmith Garden Center

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

FAQs

What type of property is this?
Duplex - Multifamily property in Brooklyn with existing rental income.
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: Converted 2‑dwelling property (converted from 1 dwelling).; Building size 18 x 60 with lot size 22 x 80.; Year built: 1910.
Contact an agent
More about this property
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