For Sale
$1,595,000

166 12Th StBrooklyn, NY 11215

Prime Brooklyn investment opportunity

Overview

Added:
Dec 11, 2024
Days on market:
124
This exceptional two-unit apartment building, located at 166 12th Street in Brooklyn, NY 11215, presents a compelling investment opportunity. The property boasts 1,800 square feet on a 1,833 square foot lot, situated in the desirable Park Slope/Gowanus neighborhood. Currently configured as a two-bedroom rental unit on the third floor and a two-to-three bedroom owner's duplex spanning the first and second floors, plus a full basement. The building is a charming, solid brick structure with two stories, and is currently vacant. The asking price is $1,595,000, representing $797,500 per unit and $886.11 per square foot. The property is zoned R6B, offering potential for various uses. The building's location provides convenient access to a wealth of amenities and is surrounded by the vibrant energy of one of Brooklyn's most sought-after neighborhoods. This property is ideally suited for end-users, investors, or developers seeking a prime piece of Brooklyn real estate. The property is priced competitively for the current market and presents a strong potential for return on investment. This is a 1031 exchange eligible property. Don't miss this chance to acquire a prized asset in a highly desirable location.

Highlights

  • Exceptional two-unit apartment building in desirable Park Slope/Gowanus, Brooklyn.
  • 1,800 sq ft building on a 1,833 sq ft lot.
  • Currently configured as a 2-bedroom rental unit and a 2-3 bedroom owner's duplex with full basement; vacant.
  • Asking price: $1,595,000 ($797,500 per unit, $886.11/sq ft).
  • R6B zoning allows for various uses.
  • 1031 exchange eligible.

Property Details for 166 12Th St

Property type
Apartment buildings
Square Feet
1,800 SF
Buildings
1
Stories
2
Units
2

Location Insight

City
Brooklyn
County
Kings
State
New York
Latitude
40.6691888
Longitude
-73.9919673
166 12Th St, Brooklyn, New York

FAQs

What type of property is this?
Apartment building - Prime Brooklyn investment opportunity
Where is the apartment building located?
The property is located at 166 12Th St Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,595,000.
What are key features of this property?
This property features: Exceptional two-unit apartment building in desirable Park Slope/Gowanus, Brooklyn.; 1,800 sq ft building on a 1,833 sq ft lot.; Currently configured as a 2-bedroom rental unit and a 2-3 bedroom owner's duplex with full basement; vacant.
How can I contact the broker?
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166 12Th St
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