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
30 years
10 years
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.