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2069 E 12Th St Brooklyn, NY 11229

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For Sale
$3,440,000

19-unit apartment building in prime Homecrest area.

Lot size:
0.14 Acres

Property Features for 2069 E 12Th St

General Information

Lot size
0.14 Acres
Source: Elliman

Listing Agent: Aliaksei A. (Alex) Palaukou

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Homecrest Apartment Building For Sale

Located on East 12th Street between Avenue T and Avenue U in the Homecrest area, this apartment building features 19 units in mint condition. The property has 60 feet of frontage on E 12th Street and is built 60 feet by 78 feet on a 60 foot by 105 foot R5/C1-3 lot. The 4-story building is comprised of ten one-bedroom and nine two-bedroom apartments. The property has a Gross Operating Income of $349,834 and a Net Operating Income of $210,000 annually. This section of Homecrest is in constantly high demand by apartment tenants, resulting in a low supply of available rental apartments and reliable value preservation.
Location Intelligence

Current Use by Public Records

ACN Xoom Energy Corporate Office

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
-73.959928
Latitude
40.598926

FAQs

What type of property is this?
Apartment building - 19-unit apartment building in prime Homecrest area.
Where is this apartment building located?
The property is located at 2069 E 12Th St Brooklyn, NY.
What is the asking price?
The asking price for this property is $3,440,000.
What are key features of this property?
This property features: - High Net Operating Income (NOI) of $210,000 annually.; - Prime Homecrest location on East 12th Street.; - Substantial Gross Operating Income (GOI) of $349,834 annually.
More about this property
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