3514 12th Ave, Brooklyn, NY 11218
Large, well-maintained four-family home in desirable Brooklyn location.
- Added:
- Mar 24, 2026
- Days on Market:
- 106
- Last Refresh:
- Jul 2 at 4:53 pm
Property Features for 3514 12th Ave
General Information
- Standard status
- Active
- Size
- 3,200 SF
- Lot size
- 0.05 Acres
- Property subtype
- Multi Family
Building Details
- Year Built
- 1931
Listing office RE/MAX Real Estate Professiona (718) 532-2000
Listing date Mar 24, 2026
Source Elliman
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HighLights
- Extra‑large, fully detached 4‑family brick home (3200 sq ft, 21x78 house size).
- Delivered vacant, suitable for investors, end‑users, builders, and developers.
- Full finished basement with separate front entrance.
- Excellent condition and well‑maintained.
- Desirable Boro‑Park/Kensington location.
- Proximity to transportation, shopping, schools, and houses of worship.
Overview
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 | $163.2k | $51.00 |
| − Vacancy | −$3.1k | −$0.97 |
| EGI | $160.1k | $50.03 |
| − OpEx | −$48.0k | −$15.01 |
| NOI | $112.1k | $35.02 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.985035
- Latitude
- 40.644452