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2906 Brighton 12Th St Brooklyn, NY 11235

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Estimated value
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Property ID

Property summary

AI-generated overview

This exceptional multifamily investment opportunity presents a 19-unit cooperative apartment building located at 2906 and 2912 Brighton 12th Street in the vibrant Brooklyn, New York neighborhood. The property boasts a desirable location, offering convenient access to shopping, dining, and public transportation, including nearby train and bus lines. The building comprises six stories and features a mix of unit sizes: thirteen two-bedroom apartments, five one-bedroom apartments, and one studio apartment. This presents a diverse rental portfolio with potential for strong rental income. The building is zoned R6, allowing for various potential uses and future development options. The asking price for this turnkey investment is $3,999,000. A significant advantage is the absence of any board approval process required for the sale, streamlining the acquisition process. This property is ideally suited for investors seeking a well-located, established multifamily asset in a thriving Brooklyn community. The property's location in Kings County, New York, with zip code 11235, ensures easy access to major transportation arteries and a wealth of amenities. This is a rare opportunity to acquire a substantial multifamily property in a high-demand area.

Property profile

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Property type Apartment buildings

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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