Homecrest Apartment Building For
For Sale
$3,440,000
2069 East 12th Street, Brooklyn, NY 11229
19-unit apartment building in prime Homecrest area.
Property Size18,720 SF
Lot Size0.14 Acres
Price / SF$183.76
Days on Market667
Property Features for 2069 East 12th Street
General Information
Standard status
Active
Size
18,720 SF
Lot size
0.14 Acres
Property subtype
Multi Family
Taxes and HOA fees
Annual Taxes
$41,462
Listing Agency:
A P Services Inc
Listed By:
Aliaksei A. (Alex) Palaukou · License #AP8095
(347) 515-8272
Source:
Exitrealty
Added: Nov 5, 2024
Changed: Sep 1
Last Checked: Sep 2 at 6:12PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of A P Services Inc
Investment Insights
Based on property information with market context.
This is a 19-unit apartment building located on East 12th Street between Avenue T and Avenue U in the Homecrest area. 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 building has 4 floors and contains ten one-bedroom and nine two-bedroom apartments. The gross operating income is $349,834 and the net operating income is $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 has high demand by apartment tenants, resulting in a low supply of available rental apartments and reliable value preservation.
Key Highlights
- High Net Operating Income (NOI) of $210,000 annually.
- Prime Homecrest location on East 12th Street.
- Mint condition 19‑unit apartment building.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
4,165
Businesses Nearby
Explore this area
Business Placement
Demographics for 11229, NY
83,669
Population
33,353
Households
2.5
Avg Household Size
40
Median Age
41%
College-Educated
88%
High-School Grad
2.0 sq mi
ZIP Area
41,835
Density / Sq Mi
$72,556
Median Household Income
$52,948
Median Earnings
$1,666
Median Rent
$812,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
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 East 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.; Prime Homecrest location on East 12th Street.; Mint condition 19‑unit apartment building.
