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Brooklyn Multifamily Investment Opportunity

2069 E 12th Street, Brooklyn, NY 11229

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For Sale

$3,440,000

MULTI_FAMILY - Brooklyn, NY

Property size:

18,720 SF

Lot size:

0.14 Acres

Price / SF:

$183/SF

HighLights

19‑unit apartment building on East 12th Street in Homecrest (between Ave T and Ave U)
60 ft of frontage on E 12th Street; building footprint 60 ft by 78 ft on a 60 ft by 105 ft R5/C1‑3 lot
4‑story building with ten 1‑bedroom and nine 2‑bedroom apartments
Gross Operating Income of $349,834 and Net Operating Income of $210,000 annually
Building includes A/C units, alarm, laundry area, and window treatments

We can help!

Contact an agent

Aliaksei A. (Alex) Palaukou

For Sale

$3,440,000

MULTI_FAMILY - Brooklyn, NY

Property size:

18,720 SF

Lot size:

0.14 Acres

Price / SF:

$183/SF

Added:: Nov 5, 2024
Days on Market:: 599
Last Refresh:: Jun 27 at 5:06 am

Property Features for 2069 E 12th Street

General Information

Property type: Residential Multi Family
Property subtype: Other
Zoning: C1-3/R5
Bedrooms: 28
Bathrooms: 20
Rooms: Bedroom 27, Bathroom 2, Bathroom 6, Bathroom 15, Bathroom 4, Bathroom 16, Bedroom 7, Bedroom 15, Bedroom 28, Bathroom 19, Bedroom 26, Bedroom 18, Bedroom 9, Bedroom 12, Bathroom 18, Bedroom 20, Bathroom 17, Bedroom 13, Bathroom 10, Bathroom 8, Bedroom 2, Bathroom 9, Bedroom 23, Bathroom 3, Bedroom 11, Bedroom 8, Bedroom 1, Bedroom 21, Bedroom 22, Bedroom 5, Bathroom 5, Bedroom 25, Bedroom 19, Bathroom 11, Bathroom 14, Bathroom 12, Bathroom 13, Bathroom 1, Bedroom 10, Bedroom 3, Bedroom 16, Bedroom 6, Bedroom 14, Bathroom 7, Bathroom 20, Bedroom 4, Bedroom 17, Bedroom 24
Patio and Porch features: Patio, Porch
Interior features: A/C Unit, Alarm, Laundry Area, Patio Garden, Porch, Refrigerator, Stove, Terrace, Window Treatments
Basement: Finished, Full
Standard status: Active
Size: 18,720 SF
Lot size: 0.14 Acres

Taxes and HOA fees

Tax Annual Amount: 41462

Building Details

Floors in Building: 4
Flooring type: Concrete, Hardwood, Tile
Building materials: Block, Brick
Roof type: Flat, Asphalt

We can help!

Contact an agent

Aliaksei A. (Alex) Palaukou

Listing agent Aliaksei A. (Alex) Palaukou License #AP8095

Listing office A P Services Inc 44 Bay 38th St, Brooklyn, NY

Listing date Nov 5, 2024

MLS# 487254 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.

HighLights

19‑unit apartment building on East 12th Street in Homecrest (between Ave T and Ave U)
60 ft of frontage on E 12th Street; building footprint 60 ft by 78 ft on a 60 ft by 105 ft R5/C1‑3 lot
4‑story building with ten 1‑bedroom and nine 2‑bedroom apartments
Gross Operating Income of $349,834 and Net Operating Income of $210,000 annually
Building includes A/C units, alarm, laundry area, and window treatments

Overview

This is a 19-unit apartment building in mint condition, situated on East 12th Street between Avenue T and Avenue U in the Homecrest area of Brooklyn. The property features 60 feet of frontage on E 12th Street and is constructed to dimensions of 60 feet by 78 feet on a 60 foot by 105 foot lot with R5/C1-3 zoning. The building spans four floors and includes ten one-bedroom apartments and nine two-bedroom apartments. The gross operating income is $349,834, with a net operating income of $210,000 annually. This property offers an investor the opportunity to own a building in a convenient and growing neighborhood in South Brooklyn. The Homecrest area experiences high demand from apartment tenants, resulting in a low supply of available rental apartments and reliable value preservation. The property size is 18,720 square feet and the lot size is 0.1433 acres.

Property Profile Location Intelligence

Current Use by Public Records

ACN Xoom Energy Corporate Office

Suggested Use

Location Insight

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Local Demand

City: Brooklyn
County: Kings
State: New York
Longitude: -73.959984
Latitude: 40.598919

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For sale
Apartment buildings
NY
Brooklyn
11229
2069 E 12th Street

What type of property is this?

Apartment building - Mint condition 19-unit apartment building in prime Homecrest area.

Where is this apartment building located?

The property is located at 2069 E 12th Street 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: 19‑unit apartment building on East 12th Street in Homecrest (between Ave T and Ave U); 60 ft of frontage on E 12th Street; building footprint 60 ft by 78 ft on a 60 ft by 105 ft R5/C1‑3 lot; 4‑story building with ten 1‑bedroom and nine 2‑bedroom apartments

2069 E 12th Street, Brooklyn, NY 11229

MULTI_FAMILY - Brooklyn, NY

Property Features for 2069 E 12th Street

General Information

Taxes and HOA fees

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Storefront Commercial Condo with Parking

First-Floor and Cellar Commercial Condo

NNN Retail Strip with Parking

Corner Medical Suite with Private Entrance

Turn-Key Supermarket Business Opportunity

Established Supermarket Business For Sale

Brooklyn Mixed-Use Investment Opportunity

Incomplete Renovation Church Conversion

Ground-Level Retail Storefront with Parking

Luxury Atelier & Designer Showroom

Prime Kings Highway Commercial Unit

Automotive Repair Facility

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