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1620 E 12th St 16 Unit Apartment Building $2,999,000 ($187,438/Unit) Brooklyn, NY 11229
Executive Summary
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. For all appointments, please contact Anthony Sciortino at 718-541-8265.
Financial Summary (Actual - 2024) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$107,723
|
$5.28
|
Financial Summary (Actual - 2024)
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $107,723 |
| Annual Per SF | $5.28 |
Property Facts
| Price | $2,999,000 | Building Class | C |
| Price Per Unit | $187,438 | Lot Size | 0.09 AC |
| Sale Type | Investment | Building Size | 14,000 SF |
| No. Units | 16 | Average Occupancy | 94% |
| Property Type | Multifamily | No. Stories | 4 |
| Property Subtype | Apartment | Year Built | 1925 |
| Apartment Style | Mid-Rise | ||
| Zoning | R5B - Medium density district with a height limit of 40 feet | ||
| Price | $2,999,000 |
| Price Per Unit | $187,438 |
| Sale Type | Investment |
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.09 AC |
| Building Size | 14,000 SF |
| Average Occupancy | 94% |
| No. Stories | 4 |
| Year Built | 1925 |
| Zoning | R5B - Medium density district with a height limit of 40 feet |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Tile Floors
- Kitchen
- Hardwood Floors
- Refrigerator
- Oven
- Range
- Tub/Shower
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 16 | - | 708 |
| 3+1 | 1 | - | 1,000 |
1 1
Walk Score®
Walker's Paradise (96)
Transit Score®
Rider's Paradise (94)
Property Taxes
| Parcel Number | 06774-0014 | Improvements Assessment | $386,100 (2025) |
| Land Assessment | $54,000 (2025) | Total Assessment | $440,100 (2025) |
Property Taxes
Parcel Number
06774-0014
Land Assessment
$54,000 (2025)
Improvements Assessment
$386,100 (2025)
Total Assessment
$440,100 (2025)
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1620 E 12th St
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