Vacant 4-Unit Residential
For Sale
$1,300,000
Pending
2686 E 12th Street, Brooklyn, NY 11235
Residential Income, Brooklyn, NY
Property Size3,500 SF
Lot Size0.08 Acres
Days on Market108
Property Features for 2686 E 12th Street
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Zoning
R4
Bedrooms
6
Bathrooms
5
Full bathrooms
5
Rooms
Bedroom 4, Bathroom 3, Bathroom 4, Bedroom 3, Bedroom 2, Bedroom 5, Bathroom 5, Bedroom 6, Bathroom 1, Bathroom 2, Bedroom 1
Parking features
Carport
Basement
Full, Finished
Lot features
Front Yard, Back Yard
Subdivision
Sheepshead Bay
Standard status
Pending
APN
07455-0091
Size
3,500 SF
Lot size
0.08 Acres
Taxes and HOA fees
Tax Annual Amount
9930
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas
Building Details
Year built
1920
Floors in Building
2
Number of units
4
Building materials
Brick, Vinyl Siding
Listing Agency:
Robert DeFalco Realty, Inc.
(718) 987-7900
Listed By:
Jay Zhang
(646) 392-6880
Added: Jun 26
Changed: Oct 8
Last Checked: Oct 11 at 5:06AM
MLS# 2603612
Copyright © 2026 Staten Island Board of Realtors. 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 R4-zoned quadplex comprises two separate two-family homes with four apartments in total: two two-bedroom units and two one-bedroom units. The property contains approximately 3,500 square feet on a 0.0782-acre lot measuring 48 feet by 71 feet. Construction includes brick and vinyl siding, with natural gas heat and public sewer service. The improvements date to 1920, and the property is delivered vacant.
A private driveway provides parking for up to five cars. The property is located near the Belt Parkway and within access of the B and Q subway lines, with shopping, dining, and everyday services described as walkable from the site. Its four-unit layout and defined apartment mix provide a clear residential income configuration.
A private driveway provides parking for up to five cars. The property is located near the Belt Parkway and within access of the B and Q subway lines, with shopping, dining, and everyday services described as walkable from the site. Its four-unit layout and defined apartment mix provide a clear residential income configuration.
Key Highlights
- Four‑unit layout with two 2‑bedroom apartments and two 1‑bedroom apartments
- Two two‑family homes on a 0.0782‑acre lot
- 3,500 square feet on a 48' x 71' lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$106,851
Cap Rate
8.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,137,020
$2.1M
Cap Rate 7%
$1,526,443
$1.5M
Cap Rate 9%
$1,187,233
$1.2M
Market Conditions
NOI Build-Up for 3,500 SF
Gross rent
$198.2K $56.64/SF
− Vacancy
−$4.0K −$1.13/SF
EGI
$194.3K $55.51/SF
− OpEx
−$87.4K −$24.98/SF
NOI
$106.9K $30.53/SF
Area
Brooklyn, NY
Vacancy
2.00%
Lease Rate
$56.64 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,137,020
Cap Rate 7%
$1,526,443
Cap Rate 9%
$1,187,233
Alternative Uses
Best Use
Multifamily LT 5
$1.75M
$1.53M – $2.04M
NOI $122,576 @ 7.0% cap · market cap 9.43%
Second Best
Apartment 5plus
$1.53M
$1.34M – $1.78M
NOI $106,851 @ 7.0% cap · market cap 8.22%
Theoretical Best
Specialty Retail
$2.90M
$2.54M – $3.38M
NOI $202,860 @ 7.0% cap · market cap 15.60%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
4
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
6,157
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Quadplex - Quadplex with two two-family homes, a private driveway, and on-site parking.
Where is this quadplex located?
The property is located at 2686 E 12th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Four‑unit layout with two 2‑bedroom apartments and two 1‑bedroom apartments; Two two‑family homes on a 0.0782‑acre lot; 3,500 square feet on a 48' x 71' lot
