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: $3,950,000
Price Per SqFt: $211/SqFt
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Housing Market Comparison
See how this home compares to others in Brooklyn, NY.
This property is $2.9M more than the Median Sold Price and $491/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
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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: 12/18/2024, 6:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
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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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
P.S. 153 Homecrest
1970 Homecrest Ave
Distance between this listing and this school0.16 miles
Public District Grades PK-5
6
/10
P.S. 255 Barbara Reing School
1866 E 17th St
Distance between this listing and this school0.43 miles
Public District Grades PK-5
5
/10
P.S. 215 Morris H. Weiss School
415 Avenue S
Distance between this listing and this school0.58 miles
Public Magnet Grades KG-5
Nearby Schools
8
/10
J.H.S. 234 Arthur W. Cunningham
1875 E 17th St
Distance between this listing and this school0.45 miles
Public Magnet Grades 6-8
5
/10
P.S. 206 Joseph F. Lamb School
2200 Gravesend Neck Rd
Distance between this listing and this school0.61 miles
Public District Grades KG-8
5
/10
P.S. 238 Anne Sullivan School
1633 E 8th St
Distance between this listing and this school0.73 miles
Public District Grades KG-8
Nearby Schools
4
/10
James Madison High School
3787 Bedford Ave
Distance between this listing and this school0.99 miles
Public District Grades 9-12
3
/10
William E Grady Career and Technical Education High School
25 Brighton 4th Rd
Distance between this listing and this school1.09 miles
Public District Grades 9-12
4
/10
Abraham Lincoln High School
2800 Ocean Pkwy
Distance between this listing and this school1.22 miles
The neighbors living near this home have an average income of $25,956. Most Brooklyn, NY residents have annual incomes less than $35k. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.
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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 $3,950,000.
In November 2024, from all listings sold in Brooklyn, NY there were more than 28 sold above asking price, over 161 sold below and more than 196 were sold right at the asked price. In November 2024 in Brooklyn, NY there were 10.5% less homes for sale than in October 2024. While the average time on the market in November 2024 was 111 days, the median list price was $979,913.
From Rocket Homes Real Estate and based on county public records data.
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. 
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