1708 W 12Th St, Brooklyn, NY 11223
For Sale
This exceptional investment opportunity presents a solid brick, semi-detached four-family home located in the desirable Gravesend/Bensonhurst neighborhood of Brooklyn, NY. The property, situated at 1708 W 12th St, boasts four two-bedroom units, each with its own separate entrance. A full finished basement adds further value and potential. The building sits on a 2,500 square foot lot and is zoned R4-1. Its convenient location offers easy access to Kings Highway and Bay Parkway, providing excellent proximity to public transportation and a wealth of shopping options. Priced at $1,990,000 ($497,500 per unit), this two-story building represents a compelling opportunity for both investors seeking a strong return and owner-users looking for a multi-family property in a prime Brooklyn location. The property is being offered as a 1031 exchange opportunity. Don't miss this chance to acquire a prized piece of real estate in one of Brooklyn's most sought-after neighborhoods. This is a perfect property for investors or those seeking an owner-occupied multifamily home.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.