Listed by SERHANT
$1,950,000
1074 E 12th St
Details
APN 067130035
Property Type Multifamily
Sub Type Apartment Building
Square Footage 2,976
Units 2
Cap Rate 4.00%
NOI $75,000
Occupancy 90%
Pro-Forma Cap Rate 5.00%
Price per SqFt $411
Class B
Year Built 1920
Lot Size (SqFt) 4,000
Investment Type Owner/User
2 Family Brick Home | Large Basement + Driveway | 40 x 100 Lot | Prime Brooklyn Location
Marketing description
40x100 brick & stucco with garage, large driveway, large basement, back & front yard, convenient to all shopping
1461 sq ft 1st & 2nd floor, basement 1461 sq ft
Investment highlights
• 2-Family Brick Property in Prime Brooklyn Location
• Large 40 x 100 Lot Offering Strong Long-Term Value
• Private Driveway + Garage (Rare in Brooklyn)
• Spacious Layout with Large Basement for Additional Use
• Back & Front Yard – Ideal for End-User or Family Living
• Potential for Rental Income or Multi-Generational Living
• Value-Add Opportunity Through Renovation or Expansion
• Ideal for Owner-User or Investor Seeking Appreciation
Listing Contacts
Listed by SERHANT
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$75,000.00
$6,250.00/mo
Valuation Metrics
0
DSCR
3.85%
Cap Rate
3.85%
ROI
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