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Two-Unit Duplex Property
New
For Sale
$2,199,999

2458 E 12th Street, Brooklyn, NY 11235

Residential, Brooklyn, NY

Property Size2,971 SF
Lot Size0.05 Acres
Price / SF$740.49
Days on Market1

Property Features for 2458 E 12th Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R4
Bedrooms 4
Bathrooms 6
Full bathrooms 6
Rooms Bedroom 4, Bathroom 3, Bathroom 4, Bedroom 3, Bedroom 2, Bathroom 6, Bathroom 5, Bathroom 1, Bathroom 2, Bedroom 1
Interior features Central Air, Dishwasher, Microwave, Refrigerator, Stove, Window Treatments
Subdivision Sheepshead Bay
Standard status Active
Size 2,971 SF
Lot size 0.05 Acres

Taxes and HOA fees

Tax Annual Amount 13866

Building Details

Year built 2016
Floors in Building 4
Number of units 2
Flooring type Tile, Laminate, Hardwood
Listing Agency: ES Realty Eva Shammah LLC
Listed By: Eva Shammah
Added: Oct 8 Last Checked: Oct 8 at 6:06PM
MLS# 505179

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 2,971-square-foot property contains two duplex residences across four floors. Each unit has two bedrooms and three bathrooms, washer and dryer hookups, and private parking. Central air, a dishwasher, microwave, refrigerator, and stove are among the listed interior features. The lower duplex includes an eat-in kitchen and access to a private backyard; the upper residence has a kitchen opening to a private patio. A French balcony at the primary bedroom provides views of the Manhattan skyline.

The property occupies an irregular 25-by-90-foot lot in Brooklyn. Tile, laminate, and hardwood flooring are also noted.

Key Highlights

  • Two duplex residences, each with 2 bedrooms and 3 bathrooms
  • 2,971 square feet across four floors
  • Irregular 25x90 lot

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$104,049
Cap Rate
4.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,080,980 $2.1M
Cap Rate 7%
$1,486,414 $1.5M
Cap Rate 9%
$1,156,100 $1.2M
Market Conditions
NOI Build-Up for 2,971 SF
Gross rent
$151.5K $51.00/SF
− Vacancy
−$2.9K −$0.97/SF
EGI
$148.6K $50.03/SF
− OpEx
−$44.6K −$15.01/SF
NOI
$104.0K $35.02/SF
Area
Brooklyn, NY
Vacancy
1.90%
Lease Rate
$51.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,080,980
Cap Rate 7%
$1,486,414
Cap Rate 9%
$1,156,100

Alternative Uses

Best Use
Multifamily LT 5
$1.49M
$1.30M – $1.73M (±1% cap)
NOI $104,049 @ 7.0% cap · market cap 4.73%
Second Best
Apartment 5plus
$1.30M
$1.13M – $1.51M (±1% cap)
NOI $90,702 @ 7.0% cap · market cap 4.12%
Theoretical Best
Specialty Retail
$2.46M
$2.15M – $2.87M (±1% cap)
NOI $172,199 @ 7.0% cap · market cap 7.83%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage Real Estate Agency Hotel & Motel Nursing Home Catering Service Bar & Pub

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

4,762
Businesses Nearby

Demographics for 11235, NY

88,482
Population
37,188
Households
2.4
Avg Household Size
44
Median Age
50%
College-Educated
90%
High-School Grad
2.5 sq mi
ZIP Area
35,393
Density / Sq Mi
$61,689
Median Household Income
$48,898
Median Earnings
$1,649
Median Rent
$723,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Both residences offer private outdoor areas, with one opening to a backyard and the other to a patio.
Where is this duplex located?
The property is located at 2458 E 12th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,199,999.
What are key features of this property?
This property features: Two duplex residences, each with 2 bedrooms and 3 bathrooms; 2,971 square feet across four floors; Irregular 25x90 lot
More about this property
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