383 12th Street

Park Slope

$6,495,000
Price
8
Beds
8
Baths
2
1/2 Baths
7,531 Sq. Ft.
$862 / Sq. Ft.
7,531
Sq. Ft.
$862
per Sq. Ft.

Description

Now approved for a 421-a tax abatement for 35 years!
1F $3,300 (studio with 1.5Ba and backyard)
1R $4,800 (large one-bedroom w 1.5 Ba +rec room and backyard)
2F $3,800 Large one-bedroom
2R $2,400 1-bedroom (Affordable housing unit)
3F $4,750 (Large one-bedroom w balcony + home office)
3R $2,400 (Affordable housing unit)
4F $2,400 (Affordable housing unit)
4R $4,800 ( Large one-bedroom w balcony + home office and Manhattan skyline views)
= $28,650 × 12 = $343,800
Annual expenses:
Water and sewer $3,500
Insurance
...Now approved for a 421-a tax abatement for 35 years!

1F $3,300 (studio with 1.5Ba and backyard)

1R $4,800 (large one-bedroom w 1.5 Ba +rec room and backyard)

2F $3,800 Large one-bedroom

2R $2,400 1-bedroom (Affordable housing unit)

3F $4,750 (Large one-bedroom w balcony + home office)

3R $2,400 (Affordable housing unit)

4F $2,400 (Affordable housing unit)

4R $4,800 ( Large one-bedroom w balcony + home office and Manhattan skyline views)
= $28,650 × 12 = $343,800

Annual expenses:

Water and sewer $3,500
Insurance $4,000
Tax $1,600

$335,700/ $6,200,000= 5.2% CAP RATE

383 12th street is your opportunity to own a brand new multi-family located in highly desirable Park Slope. The building consists of 8 brand new, never lived in, one-bedroom apartments.

6 of the 8 apartments feature private balconies or private backyards. Every apartment features stainless steel appliances including gas range, refrigerator, dishwasher, microwave, central air conditioning and heat, as well as in unit washer dryer. The building features a common roof deck with stunning views of the Manhattan skyline.

Living here means having the best of Brooklyn just steps from your door. Great boutiques, restaurants, markets, and bars are along 7th and 5th Avenues, and Prospect Park is just 2 blocks away for concerts, picnics and recreation. The F and G trains are 3 blocks away and the R is a short walk for an easy commute into downtown Brooklyn and Manhattan.

Listing Agent

Amenities

  • Walk Up
  • Private Outdoor Space
  • Midrise

Location

Add your commute
LISTING UPDATED: 07/28/2023 12:43 AM

Property Details for 383 12th Street

StatusExclusive Expired
Days on Market58
Taxes$167 / month
Maintenance$291 / month
Min. Down Pymt20%
Total Rooms20.0
Compass TypeTownhouse
MLS TypeMulti Family
Year Built2004
Lot Size2,500 SF / 25' x 100'
CountyKings County

Building

383 12th St

8 Units5 StoriesBuilt in 2004

Location

Add your commute

Virtual Tour

Building Information for 383 12th Street

Stories5Year Built2004Building Size25' x 64'Building Sq. Ft8,000 SFLot Size2,500 SF / 25' x 100'Building Age-Building Type-Senior Community-

Payment Calculator

$35,904 per month

30 year fixed, 7.25% Interest

Principal and Interest

$35,446

Property Taxes

$167

Maintenance/Common Charges

$291

The Payment Calculator is for illustrative purposes only.

Property History for 383 12th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 383 12th Street

Taxable ValueLand$90,000Additions$309,150Total$399,150
Home Facts
Total Finished SqFt6,876 SqFtLot Size2,499 SqFtYear Built2004ZoningR6BAPN3010240063

Schools near 383 12th Street

This home is within Nyc Geog District #15 - Brooklyn.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 12
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Park Slope Collegiate
Public6 to 12

John Jay School for Law
Public9 to 12

Millennium Brooklyn High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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