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Oversized Two-Family Home at 1074 East 12th Street

Oversized Two-Family Home at 1074 East 12th Street
FOR SALE

$2,000,000

1074 East 12th Street, Brooklyn, NY 11230

2,922 SF

Square Feet

$684

PPSF

2

Units

1.0M

PPU

Property Description

Units

2 — PPU: 1.0M

This oversized two-family home in the heart of Midwood, Brooklyn. 


Sitting on a generous 40 x 100 lot, this DETACHED property offers scale, a private driveway and a garage.  The home needs updating but the layout, size and location make it a true opportunity for end-users, investors or those looking to customize their home.


The building is a massive 24 x 56ft featuring a 3 Bed/1 Bath apartment in Unit 1 and In Unit 2 you have another 3 Bed/1 Bath with interior stairs to your full finished basement.  Currently occupied but will be delivered vacant. 


Key Features:

. Two Family detached home

. 40 x 100 Lot

. 24ft x 56ft building size

. Private driveway + Garage

. Delivered vacant

. Prime Midwood location

. Needs updating

. R5 Zoning & UNUSED FAR 3024


Property Details

Asset Type

MultiFamily

Lot Size

4,000 SF

Neighborhood

Midwood

Submarket

Brooklyn

ZIP

11230

Listing Type

sale

Net Operating Income (NOI)

$0

Debt Service Coverage Ratio (DSCR)

0.00x

Cap Rate

0.00%

Cash Flow (Annual)

-$113,772

Cash-on-Cash Return

-22.75%

Monthly Debt Service

$9,481

Annual Debt Service

$113,772

View on Map

Address

1074 East 12th Street

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Brooklyn MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale

No investors found in this market.

Contact the Listing Team

Leslie Dixon

Leslie Dixon

Real Estate associate broker

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Leslie Dixon

Leslie Dixon

Real Estate associate broker

Call