Updated Triplex-Style
232 12th Street Brooklyn, NY 11215
232 12th Street, Brooklyn, NY, 11215
$2,379,000
For Sale
$2,379,000
SINGLE_FAMILY - Brooklyn, NY
Property Size2,550 SF
Lot Size0.04 Acres
Price / SF$932.94
Days on Market458
Property Features for 232 12th Street
General Information
- Property type
- Residential
- Property subtype
- Triplex
- Zoning
- R6B
- Bedrooms
- 4
- Bathrooms
- 3
- Rooms
- Bedroom 4, Bathroom 3, Bathroom 2, Bedroom 3, Bedroom 2, Bedroom 1, Bathroom 1
- Interior features
- Refrigerator, Stove
- Basement
- Partial, Finished
- Standard status
- Active
- Size
- 2,550 SF
- Lot size
- 0.04 Acres
Taxes and HOA fees
- Tax Annual Amount
- 4865
Building Details
- Year built
- 1901
- Floors in Building
- 3
- Flooring type
- Tile, Hardwood
- Building materials
- Brick
- Roof type
- Flat
- Architectural style
- Other
Listing Agency
Momentum Real Estate LLC
(718) 382-0001
1703 86 Street, Brooklyn, NY
Listed by
Kevin Lam · License #KL3175
(718) 382-0001
Added: Apr 18, 2025 Checked: Jul 19 at 8:06 pm
MLS# 490967
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.
Investment Insights
Based on property information with market context.
This triplex-style single-family home has been completely redone in 2006 with new plumbing, new electric, gas heating, and Andersen Energy Star windows throughout. The walk-in level includes a bright living room, dining area, modern kitchen, a bedroom with skylight, a full bathroom with a walk-in shower, and a convenient laundry room. The second floor offers two generously sized bedrooms and another full modern bathroom, and includes its own separate entrance. On the third floor, there is a private oversized bedroom with its own full modern bathroom. A basement with a high ceiling provides additional storage, and the rear yard includes a shed for gardening supplies.
The property is located in Brooklyn and is identified with R6B zoning. Transportation convenience is highlighted by F, R, and G trains described as two blocks away, along with multiple MTA bus lines.
With its multi-level layout, separate second-floor entrance, and updated systems, the home is positioned for flexible use within a residential income property format.
The property is located in Brooklyn and is identified with R6B zoning. Transportation convenience is highlighted by F, R, and G trains described as two blocks away, along with multiple MTA bus lines.
With its multi-level layout, separate second-floor entrance, and updated systems, the home is positioned for flexible use within a residential income property format.
Key Highlights
- Triplex‑style single‑family home with 4 bedrooms and 3 bathrooms
- Completely redone in 2006 with new plumbing, new electric, gas heating, and Andersen Energy Star windows
- Walk‑in level features living room, dining area, modern kitchen, bedroom with skylight, full bath with walk‑in shower, and laundry room
Local 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 | $130.1k | $51.00 |
| − Vacancy | −$2.5k | −$0.97 |
| EGI | $127.6k | $50.03 |
| − OpEx | −$38.3k | −$15.01 |
| NOI | $89.3k | $35.02 |
2,550 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.28M
$1.12M – $1.49M
NOI $89,305 @ 7.0% cap · market cap 3.75%
Second Best
Apartment 5plus
$1.11M
$973.1K – $1.30M
NOI $77,849 @ 7.0% cap · market cap 3.27%
Theoretical Best
Specialty Retail
$2.11M
$1.85M – $2.46M
NOI $147,798 @ 7.0% cap · market cap 6.21%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Schober Law, PLLC
Law Firm
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Completely redone in 2006, featuring 4 bedrooms, 3 bathrooms, and a rear yard with storage shed.
Where is this triplex located?
The property is located at 232 12th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,379,000.
What are key features of this property?
This property features: Triplex‑style single‑family home with 4 bedrooms and 3 bathrooms; Completely redone in 2006 with new plumbing, new electric, gas heating, and Andersen Energy Star windows; Walk‑in level features living room, dining area, modern kitchen, bedroom with skylight, full bath with walk‑in shower, and laundry room
