2069 E 12th St Brooklyn, NY 11229
Homecrest NeighborhoodEstimated payment $21,981/month
Highlights
- Wood Flooring
- 5-minute walk to Avenue U (Q Line)
- Bike Room
- Jhs 234 Arthur W Cunningham Rated A-
- Terrace
- Porch
About This Home
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 $210,000 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
Home Type
- Multi-Family
Est. Annual Taxes
- $41,462
Lot Details
- 6,240 Sq Ft Lot
- Lot Dimensions are 105 x 60
- Garden
- Back Yard
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Poured Concrete
- Asphalt Roof
Interior Spaces
- 18,720 Sq Ft Home
- 4-Story Property
- Window Treatments
- Finished Basement
- Basement Fills Entire Space Under The House
- Stove
Flooring
- Wood
- Concrete
- Tile
Bedrooms and Bathrooms
- 28 Bedrooms
Outdoor Features
- Terrace
- Porch
Utilities
- Multiple cooling system units
- Hot Water Heating System
- Heating System Uses Oil
- 220 Volts
- 110 Volts
- Oil Water Heater
Listing and Financial Details
- Tax Block 7316
Community Details
Amenities
- Laundry Facilities
- Secure Lobby
- Bike Room
Building Details
- Fuel Expense $47,462
- Insurance Expense $18,501
- Utility Expense $3,685
- Gross Income $349,834
- Net Operating Income $220,550
Additional Features
- 19 Units
- Resident Manager or Management On Site
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/10/2025 06/10/25 | Price Changed | $3,440,000 | -11.8% | $184 / Sq Ft |
| 02/04/2025 02/04/25 | Price Changed | $3,900,000 | -1.3% | $208 / Sq Ft |
| 12/14/2024 12/14/24 | Price Changed | $3,950,000 | -6.0% | $211 / Sq Ft |
| 11/05/2024 11/05/24 | For Sale | $4,200,000 | -- | $224 / Sq Ft |
Source: Brooklyn Board of REALTORS®
MLS Number: 487254
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.
The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.
- 1115 Avenue U
- 1118 Avenue U
- 2135 E 13th St
- 2105 E 14th St
- 2125 E 9th St
- 2176 E 13th St
- 2180 E 13th St
- 2062 E 15th St
- 1727 E East 14th St
- 2219 E 12th St
- 2184 E 9th St
- 2217 E 13th St
- 2053 E 16th St
- 1930 Homecrest Ave
- 2247 Coney Island Ave
- 2530 Coney Island Ave
- 1980 E 8th St
- 2032 E 17th St
- 2277 Homecrest Ave Unit 6K
- 2053 E 17th St
- 2370 Coney Island Ave
- 2312 Coney Island Ave
- 2115 E 16th St
- 2300 E 13th St Unit 1
- 2077 E 19th St
- 1840 E 14th St
- 1820 E 19th St Unit 2nd Floor
- 2711 Coney Island Ave Unit 3Fl
- 2301 Ocean Ave
- 2372 McDonald Ave
- 321 Avenue X
- 2128 Ocean Ave Unit 6D
- 2000 Kings Hwy
- 1524 Sheepshead Bay Rd Unit 19F
- 1524 Sheepshead Bay Rd Unit 15F
- 1524 Sheepshead Bay Rd Unit 18J
- 1524 Sheepshead Bay Rd Unit 17K
- 2580 Ocean Pkwy Unit 6P
- 434 Avenue Y
- 1932 E 29th St Unit 2
Ask me questions while you tour the home.