1763 12th Street
Brooklyn, NY 11229
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Bed
0
Bath
0.08Acre(Lot)
Prime Midwood Development Opportunity – Rare Package Sale 1761 & 1763 E 12th Street are offered together as a package, featuring R7A zoning and a combined lot size of 60’ × 117’ (approximately 7,020 SF). This is a rare opportunity for developers to acquire a substantial site in one of Brooklyn’s most desirable neighborhoods. The property is currently generating approximately $185,000 in annual rental income, allowing investors to benefit from immediate cash flow while planning future redevelopment and minimizing carrying costs. Potential to develop 50+ residential units, subject to zoning, approvals, and architectural review. Potential eligibility for Affordable Housing programs and applicable tax incentive programs, including opportunities that may qualify for 421-a/related replacement ta
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Room Information
Has Basement: Yes Basement: Finished, Full -
Flooring Information
Carpet, Ceramic Tile, Hardwood -
Roofing Information
Asphalt -
Interior Features
Roof: Asphalt Appliances: Gas Water Heater -
Heating & Cooling
Has Heating: Yes Heating: Baseboard, Natural Gas
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Building Information
Construction Materials: Brick Stories: 2 Private Pool: No
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Lot Information
Lot Dimensions: 117 x 30 Lot Size Acres: 0.08 Lot Size Square Feet: 3510
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Listing Price Information
Listing Price: $3200000
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Tax Information
Annual Tax: $47454
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Parking Information
None
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 53 Abbey Court, Brooklyn, NY, 11229 | $869,000 | 3 | -- | 1,000 | 1,000 SqFt |
| 3 Gain Court, Brooklyn, NY, 11229 | $995,000 | 3 | 1 | 770 | 770 SqFt |
| 35 Melba Court, Brooklyn, NY, 11229 | $669,000 | 3 | 1.5 | 992 | 992 SqFt |
| 35 Melba Court, Brooklyn, NY, 11229 | $669,000 | 3 | 2 | 992 | 992 SqFt |
| 29 Nova Court, Brooklyn, NY, 11229 | $828,000 | 4 | 2 | 1,000 | 1,000 SqFt |
| 22 Nova Court, Brooklyn, NY, 11229 | $500,000 | 2 | 1 | 1,349 | 1,349 SqFt |
| 19 Nova Court, Brooklyn, NY, 11229 | $799,000 | 3 | 2.5 | 1,560 | 1,560 SqFt |
| 87 Bartlett Place, Brooklyn, NY, 11229 | $629,000 | 1 | -- | 1,332 | 1,332 SqFt |
| 114 Frank Court, Brooklyn, NY, 11229 | $579,000 | 2 | 1.5 | 1,200 | 1,200 SqFt |
| 16 Cyrus Avenue, Brooklyn, NY, 11229 | $299,950 | 3 | 1 | 676 | 676 SqFt |
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ByOwner last updated this listing 06/14/2026 @ 07:27
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