1074 East 12TH Street, New York City, NY 11230
Listing Courtesy of Serhant
$2,000,000
Potential Rebate: $30,000
Overview
<p>This oversized two-family home in the heart of Midwood, Brooklyn. </p> <p>Sitting on a generous 40 x 100 lot, this DETACHED property offers scale, a private driveway and a garage. The home needs updating but the layout, size and location make it a true opportunity for end-users, investors or those looking to customize their home.</p> <p>The building is a massive 24 x 56ft featuring a 3 Bed/1 Bath apartment in Unit 1 and In Unit 2 you have another 3 Bed/1 Bath with interior stairs to your full finished basement. Currently occupied but will be delivered vacant. </p> <p>Key Features:</p> <p>. Two Family detached home</p> <p>. 40 x 100 Lot</p> <p>. 24ft x 56ft building size</p> <p>. Private driveway + Garage</p> <p>. Delivered vacant</p> <p>. Prime Midwood location</p> <p>. Needs updating</p> <p>. R5 Zoning & UNUSED FAR 3024</p>
Home Features
- •In Unit
- •Private Outdoor Space Over 60 Sqft
- •Smoke Free
Estimated Monthly Payment
$10,886 per month
30 year fixed, 6.28% Interest
Estimated Rebate for this Home
One-time rebate at closing
$30,000
Monthly savings impact
$83/mo
💡 Estimated at 1.5% of purchase price
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: This calculator provides estimates for informational purposes only. Actual monthly payments, interest rates, taxes, and rebate amounts may vary. The rebate calculation is an estimate and subject to final terms. This information is not provided by the Real Estate Board of New York (REBNY).
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Listings
RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.
The Real Estate Rebate Team
Listing Courtesy of Serhant
Data Source: TRESTLE #RLS20062296
Price Analysis
Compare average listing prices and value metrics for 1074 East 12TH Street against the surrounding Midwood market.
Average List Price
Price Per SqFt
2.83% Lower
than the Midwood price-per-sq-ft average
Units in this building are listed below the neighborhood average, potentially offering better value per square foot compared to surrounding properties.
Midwood
Overview of Midwood
Midwood is the quiet giant of Brooklyn. A sprawling, tree-lined neighborhood known for its suburban feel, high-quality schools, and diverse religious communities. For buyers seeking Midwood Brooklyn real estate, it offers large detached homes on leafy streets.
Living in Midwood is calm. It is a place of families, porches, and private driveways. As a central Brooklyn NYC neighborhood, it is a stable, upscale residential enclave.
Real Estate & Housing Market
The market for homes for sale in Midwood features large detached Victorians and Colonials, as well as luxury co-ops along Ocean Parkway.
It is expensive but offers more for the money than the brownstone belt. The housing stock is exceptionally well-maintained.
Lifestyle & Community
The lifestyle in Midwood is focused on home and family. Shopping is concentrated on Kings Highway and Avenue J, featuring diverse kosher restaurants and boutiques.
The community has a large Orthodox Jewish population, as well as many other diverse groups.
Transportation & Accessibility
Midwood is served by the Q and B trains (express) and the F train. The commute is reasonable (35-40 mins to Midtown).
Ocean Parkway is a major thoroughfare for drivers.
Parks, Schools & Amenities
Midwood is home to Brooklyn College nearby, and the tree-lined Ocean Parkway bike path is a major recreational asset.
Amenities: Di Fara Pizza (arguably the best in NYC) is located here, drawing pilgrims from all over the world.
Who This Neighborhood Is Best For
Midwood is best for large families, those seeking a suburban lifestyle within NYC, and pizza enthusiasts.
