Brooklyn Multifamily Investment
2069 E 12th Street, Brooklyn, NY 11229
MULTI_FAMILY - Brooklyn, NY
Property size:
18,720 SFLot size:
0.14 AcresPrice / SF:
$183/SF- Added:
- Nov 5, 2024
- Days on Market:
- 552
- Last Refresh:
- May 11 at 7:06 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 15, Bedroom 17, Bedroom 1, Bedroom 24, Bathroom 4, Bedroom 22, Bathroom 15, Bedroom 27, Bathroom 1, Bedroom 5, Bathroom 7, Bedroom 23, Bedroom 7, Bedroom 6, Bedroom 16, Bathroom 14, Bedroom 26, Bathroom 10, Bedroom 25, Bedroom 19, Bathroom 19, Bathroom 18, Bedroom 9, Bedroom 13, Bathroom 5, Bathroom 17, Bathroom 2, Bathroom 6, Bedroom 20, Bedroom 21, Bedroom 12, Bathroom 11, Bedroom 2, Bathroom 16, Bathroom 20, Bedroom 11, Bathroom 12, Bedroom 18, Bedroom 28, Bedroom 3, Bedroom 8, Bathroom 13, Bathroom 8, Bedroom 4, Bathroom 3, Bedroom 10, Bedroom 14, Bathroom 9
- Patio and Porch features
- Porch, Patio
- 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
- Hardwood, Concrete, Tile
- Building materials
- Block, Brick
- Roof type
- Flat, Asphalt
Listing agent Aliaksei A. (Alex) Palaukou (347) 515-8272
Listing office A P Services Inc 44 Bay 38th St, Brooklyn, NY (347) 515-8272
Listing date Nov 5, 2024
MLS# 487254
Listing URL
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HighLights
- High Net Operating Income (NOI) of $210,000 annually.
- Located in the prime Homecrest area of South Brooklyn, a high‑demand rental market.
- Mint condition 19‑unit apartment building with a mix of one‑bedroom and two‑bedroom apartments.
- Gross Operating Income (GOI) of $349,834 annually.
- Property includes desirable features such as A/C units, laundry area, patios, porches, and terraces.
- Solid construction with block and brick materials, and a flat asphalt roof.
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
Insight Report
Location Intelligence
Current Use by Public Records
ACN Xoom Energy
Corporate Office
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.959984
- Latitude
- 40.598919
Nearby Similar for Sale
FAQs
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: High Net Operating Income (NOI) of $210,000 annually.; Located in the prime Homecrest area of South Brooklyn, a high‑demand rental market.; Mint condition 19‑unit apartment building with a mix of one‑bedroom and two‑bedroom apartments.
