Brooklyn, NY 11229,1761 East 12th ST
Brooklyn, NY 11229,1761 East 12th ST
Brooklyn, NY 11229,1761 East 12th ST
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$5,800,000
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Key Details

Property Type Mixed Use

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 496836

Year Built 1910

Annual Tax Amount $47,454

Property Sub-Type Mixed Use

Property Description

Exceptional investment and development opportunity in prime Midwood! 1761 & 1763 E 12th St are offered together as a package deal. Zoned R7A Exceptional 60 × 117 ft (approx. 7,020 sq ft) Combined lots with approx. 28,000 buildable square feet — perfect for luxury condos or mixed-use development. Currently generating about $185,000 in annual rent, with the option to deliver vacant at closing. Convenient location close to Kings Highway shopping corridor, F train station, schools, and local amenities. A rare chance to secure a high-yield property with outstanding growth potential in one of Brooklyn's most desirable neighborhoods.

Location

State NY

County Kings (brooklyn)

Area Homecrest

Zoning R7A

Rooms

Basement Finished, Full

Interior

Interior Features Other

Hot Water Other

Heating Other

Flooring Hardwood, Tile, Other

Heat Source Other

Exterior

Exterior Feature Brick, Other

Roof Type Pitched

Building

Story 2

Foundation Poured Concrete

Others

Energy Description Other

Financing Bank Mortgage,Cash


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Listed by Tiger Realty

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Randy Reis

Randy Reis

+1(917) 336-1118

Team Leader | License ID: 40RE1176716

Team Leader License ID: 40RE1176716

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