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1952 W 12th Street, Brooklyn, NY, 11223
Two-Family Brick Duplex Home

1952 W 12th Street Brooklyn, NY 11223

New
For Sale
$1,899,900

MULTI_FAMILY - Brooklyn, NY

Property Size2,078 SF
Lot Size0.06 Acres
Price / SF$914.29
Days on Market3

Property Features for 1952 W 12th Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R4-1
Bedrooms
5
Bathrooms
4
Rooms
Bedroom 3, Bedroom 5, Bedroom 1, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 4, Bedroom 2, Bathroom 4
Parking features
Garage - Detached
Interior features
Refrigerator, Stove
Basement
Full, Finished
Standard status
Active
Size
2,078 SF
Lot size
0.06 Acres

Taxes and HOA fees

Tax Annual Amount
4721

Building Details

Year built
1935
Floors in Building
2
Number of units
2
Flooring type
Ceramic, Tile
Building materials
Brick
Roof type
Flat
Listing Agency: Tiger Realty
Listed By: Emily Hui Chen-Liang
Added: Jul 23 Changed: Jul 25 Last Checked: Jul 25 at 7:06PM
MLS# 503264

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 two-family brick duplex offers 5 bedrooms and 4 full bathrooms, with a double-brick exterior and premium Anderson windows and doors. The property includes a private garage, a beautifully paved backyard with an outdoor gas BBQ, a solid wood staircase, and two security systems with a total of 12 surveillance cameras. Inside, the fully finished basement features ceramic tile flooring, a granite kitchen with a center island, decorative wainscoting, two full bathrooms, a spacious recreation area, and ample storage.

The first floor provides 2 bedrooms and 1 full bathroom, with ceramic tile flooring, Venetian plaster walls, exposed wood beam ceilings, custom wainscoting, and a copper soaking tub. The second floor includes 3 bedrooms and 1 full bathroom, with vinyl flooring, 9-foot ceilings, and a generously sized balcony.

The building sits on a 25' x 100' lot with a 20' x 55' building size and is listed under R4-1 zoning. The address is 1952 W 12th Street, Brooklyn, NY 11223.

Key Highlights

  • Two‑family brick home built in 1935 with European‑inspired details and 5 bedrooms plus 4 full bathrooms
  • 25' x 100' lot with a 20' x 55' building size and a detached private garage
  • Premium Anderson windows and doors, plus double‑brick exterior construction

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 $106.0k $51.00
− Vacancy −$2.0k −$0.97
EGI $104.0k $50.03
− OpEx −$31.2k −$15.01
NOI $72.8k $35.02
2,078 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$1.04M
$909.7K – $1.21M (±1% cap)
NOI $72,775 @ 7.0% cap · market cap 3.83%
Second Best
Apartment 5plus
$906.3K
$793.0K – $1.06M (±1% cap)
NOI $63,439 @ 7.0% cap · market cap 3.34%
Theoretical Best
Specialty Retail
$1.72M
$1.51M – $2.01M (±1% cap)
NOI $120,441 @ 7.0% cap · market cap 6.34%
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

Parking Lot & Garage Real Estate Agency Hotel & Motel Grocery & Convenience Store Nursing Home Nursing Home Coworking & Hybrid Office Bar & Pub (Bike/Boat/Book/etc) Store Bed & Breakfast

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

FAQs

What type of property is this?
Duplex - Two-family brick duplex with a private garage, finished basement, and a paved backyard with outdoor gas BBQ.
Where is this duplex located?
The property is located at 1952 W 12th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,899,900.
What are key features of this property?
This property features: Two‑family brick home built in 1935 with European‑inspired details and 5 bedrooms plus 4 full bathrooms; 25' x 100' lot with a 20' x 55' building size and a detached private garage; Premium Anderson windows and doors, plus double‑brick exterior construction
More about this property
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