10 days on rocket

2069 E 12th St, Brooklyn, NY, 11229

$4,200,000

19 Full Baths
18,720 SqFt
$224/SqFt
Multi

Location

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Property Highlights

Home TypeMulti Family
ParkingNone
HeatingHot Water, Oil
CoolingOther
BasementYes
FireplaceStove, Other
MLS #487254
StatusActive

About 2069 E 12th St

Mint condition 19 unit apartment building on East 12th Street between Ave T and Ave U in prime Homecrest area. The Property has 60 feet of frontage on E 12th Street and is built 60 feet by 78 feet on a 60 foot by 105 foot R5/C1-3 lot. The Property has 4 floors and comprised of ten one-bedroom and nine two bedroom apartments with Gross Operating Income of $349,834 and Net Operating Income of $220,550 annually. The Property offers an investor an exceptional opportunity to own a building in the one of most convinient and growing neighborhoods in South Brooklyn. In general, this section of Homecrest is in constantly high demand by apartment tenants this has resulted in a low supply of available rental apartments and reliable value preservation

Property Details

Property Features

Property Information:

  • Stories: 4
  • Living Area: 18,720 SqFt

Listing Office:

  • Office Name: A P Services Inc

Interior Features

Interior Information:

  • Appliances: Refrigerator, Stove, Other
  • Basement: Yes
  • Flooring Type: Concrete, Hardwood, Tile, Other
  • Interior: Window Treatment(s)
  • Fireplace: Stove, Other

Bedroom and Bathroom Information:

  • Full Bathrooms: 19

Exterior Features

Exterior Information:

  • Exterior: Patio Garden, Porch, Terrace, Other

Parking Information:

  • Parking: None

Utilities

Utilities Information:

  • Heating: Hot Water, Oil
  • Cooling: Other

Price Information

Listing Price Info

Price Summary:

  • List Price: $4,200,000
  • Price Per SqFt: $224/SqFt
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Housing Market Comparison

See how this home compares to others in Brooklyn, NY.

Med. Sold Price

$984.4K

Med. Price/SqFt

$696

Avg. Days On Market

97

# of Sold Homes

436

2069 E 12th St vs Brooklyn

10 DAYS ON ROCKET

-87 Days

$4,200,000

+$3.2M More

$224/SqFt

-$473 Less

KEY TAKEAWAY

This property is $3.2M more than the Median Sold Price and $473/SqFt less than other homes in Brooklyn, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #487254

Listing Office:

  • Office Name: A P Services Inc

IDX Information being provided by Brooklyn Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

The accuracy of all information, regardless of source, including but not limited to open house information, square footage and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Brooklyn Multiple Listing Service and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited.

Copyright © 2024 Brooklyn Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 11/16/2024, 5:20:46 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$21K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$12.6K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-106972
6
/10
  • P.S. 153 Homecrest

  • 1970 Homecrest Ave

  • 0.16 miles

  • Public District Grades PK-5

school-card-donut-106973
6
/10
  • P.S. 255 Barbara Reing School

  • 1866 E 17th St

  • 0.43 miles

  • Public District Grades PK-5

school-card-donut-106974
5
/10
  • P.S. 215 Morris H. Weiss School

  • 415 Avenue S

  • 0.58 miles

  • Public Magnet Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $25,956. The most common annual income of people living in Brooklyn, NY is less than $35k. Typical family type is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

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Rocket Homes›New York›Kings County›Brooklyn›11229›2069 E 12th St

This home is located at 2069 E 12th St in Brooklyn, NY and zip code 11229 in the Homecrest neighborhood. Features: 19 bathrooms. It has been listed on Rocket Homes since November 05, 2024 and is currently priced at $4,200,000.

In October 2024, from all listings sold in Brooklyn, NY there were more than 50 sold above asking price, over 169 sold below and more than 217 were sold right at the asked price. Between September 2024 and October 2024, Brooklyn, NY real estate market has seen increase in the number of listings by 0.1%. While the average time on the market in October 2024 was 97 days, the median list price was $984,431.

From Rocket Homes Real Estate and based on county public records data.

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