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$5,800,000
Est. payment /mo
2,520 SqFt
UPDATED:
Key Details
Property Type Mixed Use
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 2,520 sqft
Price per Sqft $2,301
MLS Listing ID 497444
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 Gas
Heating Gas
Flooring Hardwood, Tile, Other
Heat Source Gas
Exterior
Exterior Feature Other
Roof Type Flat
Building
Story 2
Foundation Poured Concrete
Others
Energy Description Gas
Financing Bank Mortgage,Cash
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Listed by Tiger Realty
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Randy Reis
Team Leader | License ID: 40RE1176716
Team Leader License ID: 40RE1176716