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Property profile & analytics
FOR SALE
Commercial real estate

1708 W 12Th St Brooklyn, NY 11223

Individually Owned 8-yr Hold
Property ID
US63-5317134
1708 W 12Th St, Brooklyn, NY 11223 For Sale
$1,990,000
1708 W 12Th St, Brooklyn, NY 11223
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Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
UPID US63-5317134
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Claudio Pizzirusso · 8 yrs held
Claudio Pizzirusso
since 2018
1 recorded transaction
2018
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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