Corner Quadplex
2686 E 12th Street Brooklyn, NY 11235
2686 E 12th Street, Brooklyn, NY, 11235
$1,300,000
For Sale
$1,300,000
MULTI_FAMILY - Brooklyn, NY
Property Size3,500 SF
Lot Size0.08 Acres
Price / SF$371.43
Days on Market21
Property Features for 2686 E 12th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R4
- Bedrooms
- 6
- Bathrooms
- 5
- Rooms
- Bathroom 3, Bathroom 5, Bedroom 3, Bathroom 4, Bedroom 1, Bedroom 6, Bedroom 2, Bedroom 4, Bathroom 2, Bedroom 5, Bathroom 1
- Parking features
- Carport
- Basement
- Full, Finished
- Standard status
- Active
- 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
1678 Hylan Blvd., STATEN ISLAND, NY
Listed by
Jay Zhang
(646) 392-6880
Added: Jun 26 Checked: Jul 16 at 11:06 pm
MLS# 2603612
Listing URL
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 vacant corner quadplex is configured as two separate two-family homes, providing a total of two 2-bedroom apartments and two 1-bedroom apartments. The property sits on an oversized 48' x 71' lot, offering a compact, manageable residential income setup for an owner-operator or investor. A private driveway provides parking for up to five cars.
Located in Brooklyn, the building is described as just steps from the Belt Parkway and minutes from the B & Q subway lines. Daily conveniences are also within walking distance, including shopping and dining options.
With R4 zoning noted, this delivered-vacant asset is well suited for buyers seeking an income-producing residential property they can position for straightforward occupancy on day one. The mix of unit types—two 2-bedroom homes alongside two 1-bedroom homes—can appeal to tenants with different household needs while keeping operations centered on a single four-unit ownership.
Located in Brooklyn, the building is described as just steps from the Belt Parkway and minutes from the B & Q subway lines. Daily conveniences are also within walking distance, including shopping and dining options.
With R4 zoning noted, this delivered-vacant asset is well suited for buyers seeking an income-producing residential property they can position for straightforward occupancy on day one. The mix of unit types—two 2-bedroom homes alongside two 1-bedroom homes—can appeal to tenants with different household needs while keeping operations centered on a single four-unit ownership.
Key Highlights
- Corner 4‑family property made up of two 2‑family homes
- Unit mix includes two 2‑bedroom apartments and two 1‑bedroom apartments
- Oversized 48' x 71' lot with private driveway parking for up to five cars
Local Financial Insights For Apartment 5plus
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 | $198.2k | $56.64 |
| − Vacancy | −$4.0k | −$1.13 |
| EGI | $194.3k | $55.51 |
| − OpEx | −$87.4k | −$24.98 |
| NOI | $106.9k | $30.53 |
3,500 SF · lease $56.64/SF/yr · vacancy 2.00% · expense 45.00%
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Quadplex - Vacant four-unit property with two 2-bedroom and two 1-bedroom apartments plus private driveway parking for up to five cars.
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: Corner 4‑family property made up of two 2‑family homes; Unit mix includes two 2‑bedroom apartments and two 1‑bedroom apartments; Oversized 48' x 71' lot with private driveway parking for up to five cars
