$2,999,000

1620 E 12th St Brooklyn, NY 11229

Homecrest Neighborhood

Estimated payment $19,882/month

Total Views 2,131
16 Beds
16 Baths
14,000 Sq Ft
$214 Price per Sq Ft

About This Home

Prime Homecrest Investment Opportunity! Presenting 16 Unit Brick Building Featuring all 1 Bedroom Apts. 6 Apartments are Exempt from Stabilization. 4 Story Walkup. Great Investment or 1031 Exchange Property. Convenient Location to Schools, House of Worship Buses and Shopping.

Listing Agent

Maria Castellano

Listed on: 10/07/2025

Co-Listing Agent

Anthony Sciortino

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $50,577

Year Built

  • Built in 1925

Lot Details

  • 4,000 Sq Ft Lot
  • Lot Dimensions are 100 x 40

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 14,000 Sq Ft Home
  • 4-Story Property
  • Wood Flooring
  • Stove
  • Unfinished Basement

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 16 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Gas
  • 220 Volts
  • 110 Volts
  • Gas Water Heater

Listing and Financial Details

  • Tax Block 6774

Community Details

Overview

  • 16 Units

Building Details

  • Fuel Expense $15,400
  • Insurance Expense $19,140
  • Utility Expense $1,510

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$50,577

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Basement Amenities: Unfinished
  • Total Bathrooms: 16.00
  • Borough: Brooklyn
  • Building Length: 88.00
  • Building Width: 40.00
  • Co List Office Mls Id: 118420
  • Co List Office Phone: (718) 236-1800
  • Confirmed By M L S Y N: Yes
  • Cross Street: Avenue P
  • Cross Street Name2: Kings Hwy
  • Handicap Access Y N U: No
  • Heat Delivery: Baseboard
  • Number Of Families: 16
  • Parking Attributes: None
  • Parking Feature Single: None
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: A/C Unit - Window, Refrigerator, Stove
  • Fill Sq Ft Total: 14000
  • Building Stories: 4
  • Street Name I D X: 12th
  • Year Built: 1925
  • Special Features: None
  • Stories: 4

Interior Features

  • Basement Full Bathrooms: 16
  • Total Bedrooms: 16
  • Flooring: Hardwood
  • Lot Sq Ft: 4000

Exterior Features

  • Yard: None
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 14
  • Roof: Flat

Utilities

  • Air Conditioning Units: 0
  • Electric: 110 V, 220 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Fee Information

  • Annual Fuel Expense: 15400.00

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 40
  • Zoning: R5B

Multi Family

  • Insurance Expense: 19140.00
  • Unit Count: 1
  • Annual Utility Expenses: 1510.00

Tax Info

  • Flip Tax Amount: 50577.00

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/07/2025 10/07/25 For Sale $2,999,000 0.0% $214 / Sq Ft
12/21/2024 12/21/24 Off Market $1,800 -- --
11/18/2024 11/18/24 For Rent $1,800 -- --
Source: Brooklyn Board of REALTORS®

Source: Brooklyn Board of REALTORS®

MLS Number: 496422

Brooklyn Board of REALTORS®
New York Kings County Brooklyn 11229 Homecrest

1620 E 12th St, Brooklyn, NY

For Sale

MultiFamily

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Maria Castellano
Listing Agent
Maria Castellano
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(929) 717-4823