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Property profile & analytics
OFF-MARKET
Apartment buildings

166 12Th St Brooklyn, NY 11215

1,800 SF
Property ID
Property summary
AI-generated overview

This exceptional two-unit apartment building, located at 166 12th Street in Brooklyn, NY 11215, presents a compelling investment opportunity. The property boasts 1,800 square feet on a 1,833 square foot lot, situated in the desirable Park Slope/Gowanus neighborhood. Currently configured as a two-bedroom rental unit on the third floor and a two-to-three bedroom owner's duplex spanning the first and second floors, plus a full basement. The building is a charming, solid brick structure with two stories, and is currently vacant. The asking price is $1,595,000, representing $797,500 per unit and $886.11 per square foot. The property is zoned R6B, offering potential for various uses. The building's location provides convenient access to a wealth of amenities and is surrounded by the vibrant energy of one of Brooklyn's most sought-after neighborhoods. This property is ideally suited for end-users, investors, or developers seeking a prime piece of Brooklyn real estate. The property is priced competitively for the current market and presents a strong potential for return on investment. This is a 1031 exchange eligible property. Don't miss this chance to acquire a prized asset in a highly desirable location.

Property profile
Verified
Property type Apartment buildings
Total area 1,800 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • GREG VORE RICKSHAW WALLAH Photography Service (Bike/Boat/Book/etc) Store
  • Boetto Studio Artist
  • MOIETY Image Consultant
  • The Errant Garrison Art Gallery
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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