NOT LISTED FOR SALE

2040A E 12th St Brooklyn, NY 11229

Homecrest Neighborhood

Estimated Value: $1,550,000 - $2,101,838

Studio
-- Bath
3,167 Sq Ft
$584/Sq Ft Est. Value

Sale Details

Date Sold: August 9, 2022

Last sale price $1,150,000 $363 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $10,836 / mo

19 Days on Market

Highlights

  • Pre War Building
  • Community Garden
  • Garage
  • Jhs 234 Arthur W Cunningham Rated A-

About This Home

As of August 2022

We are proud to present this opportunity to own a 2 family home located in the coveted area of Sheepshead Bay, Brooklyn.

The property features a spacious lot, boasting a front and back yard perfect for activities all year round. Also features a private driveway with a built-in garage. The spacious basement has a half bathroom and can be used for multiple purposes as it has a separate entrance. On the first level, there is a living room, a kitchen and dining room combo, 2 bedrooms, and a full bathroom. The second level features 2 bedrooms, a full bathroom, a living room, and a kitchen and dining room combo. The first level and basement of the property will be delivered vacant.

The property is located near an abundance of restaurants, supermarkets, shops, and much much more and near multiple public transportation options providing an easy commute around the city as well.

Last Agent to Sell the Property

Mike Zaccaria

The Agency Brokerage License #40ZA0907649 Listed on: 04/08/2022

The Agency Brokerage

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • Lot Dimensions are 20.0 x 100.0

Parking

  • Garage

Home Design

  • Pre War Building

Interior Spaces

  • 3,167 Sq Ft Home
  • 3-Story Property

Community Details

  • Sheepshead Bay Subdivision
  • Community Garden

Listing and Financial Details

  • Legal Lot and Block 24 / 7315

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: Avenue T/Avenue U
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Sheepshead Bay
  • Architectural Style: Prewar
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Living Area: 3167.0
  • Living Area Units: Square Feet

Exterior Features

  • Exterior Features: Building Garden

Garage/Parking

  • Garage: Yes

Lot Info

  • Lot Size Dimensions: 20.0 x 100.0

Building Info

  • Total Stories: 3
  • Year Built: 1940

Tax Info

  • Tax Block: 7315
  • Tax Lot: 24

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2022
Closed on
Aug 9, 2022
Sold by
Bought by
Seller's Agent
Mike Zaccaria
The Agency Brokerage
List Price
$999,000
Sold Price
$1,150,000
Premium/Discount to List
$151,000
15.12%
Views
1
Current Estimated Value
$1,849,710

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$699,710
Avg. Annual Appreciation
13.07%
Original Mortgage
$828,000
Outstanding Balance
$782,414
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,067,296

Purchase Details

Closed on
Oct 14, 2016
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,125,000 --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $828,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/09/2022 08/09/22 Sold $1,150,000 +15.1% $363 / Sq Ft
04/08/2022 04/08/22 For Sale $999,000 -- $315 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $10,383 $115,680 $16,260 $99,420
2025 $9,795 $111,180 $16,260 $94,920
2024 $9,795 $87,840 $16,260 $71,580
2023 $9,541 $91,500 $16,260 $75,240
2022 $9,091 $91,020 $16,260 $74,760
2021 $9,314 $70,260 $16,260 $54,000
2019 $8,209 $74,100 $16,260 $57,840
2018 $7,683 $39,148 $8,900 $30,248
2017 $7,681 $39,148 $9,878 $29,270
2016 $7,297 $38,053 $11,357 $26,696
2015 $4,235 $35,900 $13,524 $22,376
2014 $4,235 $33,868 $10,845 $23,023
Source: Public Records

Agents Affiliated with this Home

  • Mike Zaccaria

    Seller's Agent in 2022

    Mike Zaccaria

    The Agency Brokerage

    (917) 207-4070

    1 in this area

    8 Total Sales

    Mike Zaccaria
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10790353

Real Estate Board of New York (REBNY)

APN: 07315-0024

New York Kings County Brooklyn 11223 Homecrest

2040A E 12th St, Brooklyn, NY

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Real Estate Board of New York (REBNY) This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.

RLS Data display by Homes.com LLC

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