1761 E 12th St, Brooklyn, NY 11229
FOR SALE

1761 E 12th St
Brooklyn, NY 11229

Sheepshead Bay
  • Studio

$5,999,000

Est. Mortgage $34,071/mo*
Get Pre-Qualified

$5,999,000

Est. Mortgage $34,071/mo*
Get Pre-Qualified
Studio

Home Highlights

Parking
Open Parking
Listed
74 days ago
Climate Control
Natural Gas, Baseboard Heating

Local Information

  • Map ViewExplore the area around 1761 E 12th St.
  • Schools2 Preschool Schools2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

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. These two properties are 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 tax benefits, where applicable and subject to government requirements. Developers and buyers are strongly encouraged to consult their architect, zoning consultant, and legal professionals to verify buildable square footage, unit count, and eligibility for Affordable Housing and tax abatement programs.
Last check for updates: about 3 hours ago
Listing by: Ashford Homes LLC, (929) 364-1301
Ray Long Wu, (347) 335-6333
Source: BNYMLS, MLS#502080

Home Details for 1761 E 12th St

Interior Features

Interior Details
Basement: Cellar,Finished,Full
Appliances & Utilities
Appliances: Gas Water Heater
Heating & Cooling
Heating: Natural Gas,BaseboardNo CoolingHas HeatingHeating Fuel: Natural Gas
Gas & Electric
Electric: 220 Volts
Windows, Doors, Floors & Walls
Door: Doors - 10 ft and underFlooring: Carpet, Ceramic Tile, Hardwood
Levels, Entrance, & Accessibility
Stories: 2Floors: Carpet, Ceramic Tile, Hardwood

Exterior Features

Exterior Home Features
Roof: Asphalt TarFoundation: Concrete Perimeter
Parking & Garage
No CarportNo GarageNo Attached GarageHas Open ParkingParking Spaces: 1Parking: Private Drive,1 Space

Days on Market

Cumulative Days on Market: 73Days on Market: 74

Property Information

Property Type / Style
Property Type: ResidentialProperty Subtype: Mixed Use
Building
Building: NoneConstruction Materials: BrickNot Attached Property

Price & Status

Price
List Price: $5,999,000

Active Status

MLS Status: Active

Location

Direction & Address
City: BrooklynCommunity: Brooklyn

Agent Information

Listing Agent
Listing ID: 502080

Lot Information

Lot Area: 3510 sqft

Listing Info

Special Conditions: Arm's Length

Miscellaneous

BasementMls Number: 502080

Around this home

Neighborhood Overview

Sheepshead Bay
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Sheepshead Bay

At least 1095 Trulia users voted on each feature.

  • 86 % Say there are sidewalks

  • 83 % Say it's walkable to grocery stores

  • 79 % Say it's walkable to restaurants

  • 77 % Say it's dog friendly

  • 75 % Say streets are well-lit

  • 65 % Say people would walk alone at night

  • 61 % Say kids play outside

  • 60 % Say they plan to stay for at least 5 years

  • 55 % Say yards are well-kept

  • 51 % Say there's holiday spirit

  • 51 % Say it's quiet

  • 50 % Say car is needed

  • 45 % Say neighbors are friendly

  • 39 % Say parking is easy

  • 34 % Say there's wildlife

  • 27 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Unspecified
    "The neighborhood is quiet and peaceful. Close to the public transportation. 45 minutes to Midtown in the city. "
    1
    Flag
  • Volodya.piasetskij1998
    "Close to everything what you need Nice and cosy neighbourhood Good choice if you didn’t have your own car "
    2
    Flag
  • Michael Mohammed
    "Block Parties throughout the neighborhood. It gives everybody in the surrounding areas to come over and mingle with others from the neighborhood. Communication amongst neighbors build togetherness in tough times. "
    3
    Flag
  • Suanita Sua
    "Hello it’s important to know that the school district is safe and reliable. The neighborhood is safe."
    1
    Flag
  • Asselkuchukova
    "Love Sheepshead Bay Area, safe , great restaurants and great day cares, close to beach, nice and safe area. Good shopping here, deli. Everything close. A lot of parking places, good schools"
    1
    Flag
  • K6jjj7pcrz
    "It’s more family friendly and safer than Manhattan. Streets and trash cans could be maintained better though. "
    1
    Flag
  • Jenaycampbell20
    "Yes I think it is imported from parents not just everyone in general to know where they would be living and things like that "
    1
    Flag
  • Dshippley9
    "My train station is 15 minutes walk but busses are also an option. However, waiting for the buss can take longer than walking. "
    2
    Flag
  • Dina
    "Sheepshead Bay is a great place to raise a family, depending on what area you are in… It can change from beautiful and well maintained, and then four blocks later it can look like a completely different neighborhood… I would not allow my children out to late at night as there are some bars around the neighborhood and the restaurants people do come from other places to eat there, but the crowd can change quickly. Otherwise most of sheepshead Bay is a great neighborhood. I would visit at night before I actually moved in to that particular home on that particular block."
    3
    Flag
  • Trulia User
    "I live here for 3 years and have a child. It’s safe and friendly place. We have Russian speakers around and good stores. I like cafes and restaurants here. "
    19
    Flag
  • Trulia User
    "Convenient to public transportation. Lots of of good local restaurants and supermarkets. Good public schools."
    9
    Flag
  • Trulia User
    "It is near the manhattan beach. There are many restaurant serves different types of food. There are also supermarkets, churches around the neighborhood. "
    0
    Flag
  • Trulia User
    "Great place to live…quiet neighborhood with lively culture and great entertainment ! Markets are spectacular as well"
    0
    Flag
  • Trulia User
    "Russian speakers are around here. Many stores and restaurants. Russian Daycares and Doctors. Good beaches and sidewalks "
    0
    Flag
  • Trulia User
    "We have a lot of stores and restaurants around and beaches. This is a save place for leaving. It’s clean and friendly neighbourhood "
    0
    Flag
  • Trulia User
    "I like this area and I want to live here. he is the most calm, secure and comfortable. a lot of shop and transport."
    1
    Flag
  • Trulia User
    "B4 should have more buses, waiting time is too long "
    1
    Flag
  • Trulia User
    "The community we have here is much different then any other community we are unique to the finest dot "
    9
    Flag
  • Trulia User
    "Everybody is very friendly. All dogs walked on the leads. Owners collecting poo after their dogs. There are shops that allowed dogs in. "
    2
    Flag
  • Trulia User
    "My neighbourhood has lot of food stores, kosher food and transportation , I am very comfortable to leave here"
    1
    Flag
  • Trulia User
    "Convenience of public transportation and local businesses, groceries, shopping, day care and kids camps "
    4
    Flag
  • Trulia User
    "Very friendly and very comfortable for buying food , go to the beach, restaurants, transportation. Lot of fruits store and buffets. "
    0
    Flag
  • Trulia User
    "I work around there and it’s convenient for me to live in Sheepsadbay, plus there is many place to go around and beautiful people live in Sheepsadbay "
    1
    Flag
  • Trulia User
    "its a nice area but lately crime has been on the rise. however there are quite abit of incredibly good restaurants to choose from and its all within 5-10min of eachother if not less"
    0
    Flag
  • Trulia User
    "great neighborhood I love it here, near subway, supermarket., local commercial center, good school..........."
    0
    Flag
  • Trulia User
    "None. We barely have community events and the ones that are hosted are exclusive block parties or a summer car show event only during the summer."
    0
    Flag
  • Trulia User
    "Russian and Turkish people combination.. Feel like safe.. I would recommend people to live here if you are bored to have crowded place around you. "
    1
    Flag
  • Trulia User
    "A lot of different stores and restaurants, great neighborhood but not enough quite. Very close to the beach."
    2
    Flag
  • Trulia User
    "Train is very fast paste. Trains arrive on time,very awesome communication,great pools and city parks."
    0
    Flag
  • Trulia User
    "great area feel safe living here good people. nice neighborhood I really love it here. feels very dafe lots of food options and stores. "
    1
    Flag
  • Trulia User
    "There is lack of playgrounds, no activities for children. But a lot of daycare though. I like this neighbourhood because it’s everything close but here is very loud and overcrowded. "
    0
    Flag
  • Trulia User
    "I’ve lived here most of my life. It’s become overcrowded and dirty. The train is convenient. There’s no good food spots. All Eastern European & Mediterranean. Convenient to the beaches. Over priced apartments that aren’t even up to date. "
    1
    Flag
  • Trulia User
    "Great neighborhood for dogs but pick up after yours! And be respectful of lifelong residents, no loud cars, music or parties. Everyone here has pets. "
    0
    Flag
  • Trulia User
    "Everybody is really friendly and welcoming to dog owners. There are some great veterinarians in the area. "
    0
    Flag
  • Trulia User
    "The park for sure lot of places to walk and play. It's quiet no loud noises and friendly people. Very dog friendly. "
    0
    Flag
  • Trulia User
    "There is a lot of parks where dogs can play, run around and be safe because it's further from the busy road. We even have a beach that only locals know about and many residents bring their dogs to that beach. "
    0
    Flag
  • Trulia User
    "one of the best neighborhood in Brooklyn. Its beautiful attractive and safe to live here. so many great restaurants here and shops ."
    0
    Flag
  • Trulia User
    "It's pet friendly and many families own 🐕dogs. However, many of the cooperative apartments in the area do not allow larger dogs."
    0
    Flag
  • Trulia User
    "2 blocks up and which can take you to the nearest subway that connects to major trains. Pretty convenient! "
    0
    Flag
  • Trulia User
    "bus is easy ride to train,but If you prefer walking train is 15 min also there express bus that goes into city. Its accessible on weekday and weekend "
    0
    Flag

Market trends in Sheepshead Bay

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$507K
$15.33KMoM
Sale-to-List Price
—
Price per sq ft
$490
$38MoM
Available listings
360
14MoM

Home Value

Trulia Estimate
$5.5M
Since last month
Decreased$37K (-0.7%)
Since last year
Decreased$211K (-3.7%)
Since last sale
Increased$3M (+135.9%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +205% in the last 10 years
MonthEstimated value
2026
August 2026$5.48M
July 2026$5.52M
June 2026$5.67M
January 2026$1.61M
2025
2024
2023
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1788 E 10th St, Brooklyn, NY
0.14
Single-Family Home
$2,700,000
01/05/26
3
3
1,512
1545 E 12th St, Brooklyn, NY
0.36
Single-Family Home
$1,670,000
12/03/25
7
2.5
2,432
1823 E 21st St, Brooklyn, NY
0.47
Single-Family Home
$2,175,000
03/13/26
5
3.5
2,444
2053 Homecrest Ave, Brooklyn, NY
0.49
Single-Family Home
$2,500,000
03/18/26
3
3
2,280

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
1769 E 13th Street #2B, Brooklyn, NY 11229
0.05
$605,000
2
2
1,110
For Sale
1769 E 13th St #6B, Brooklyn, NY 11229
0.05
$726,200
2
2
1,110
Off Market
1763 E 12th St, Brooklyn, NY 11229
0.01
$3,200,000
Studio
-
-
For Sale
1753 E 12th St #2D, Brooklyn, NY 11229
0.01
$411,900
Studio
1
411
Off Market
1753 E 12th St #3A, Brooklyn, NY 11229
0.01
$478,900
1
1
586
Off Market
1753 E 12th St #Penthouse 3, Brooklyn, NY 11229
0.01
$705,000
2
1.5
849
Recently Sold
1753 E 12th St #Penthouse 1, Brooklyn, NY 11229
0.01
$522,800
1
1
600
Off Market
1319 Avenue R, Brooklyn, NY 11229
0.09
$1,642,700
3
2
5,500
Off Market
1800 E 12th St #6E, Brooklyn, NY 11229
0.06
-
2
1
-
Off Market
1760 E 12th St, Brooklyn, NY 11229
0.03
$2,230,100
Studio
2
-
Off Market
1750 E 14th St #6B, Brooklyn, NY 11229
0.07
-
2
2
1,200
Off Market

Price and Tax history

DateEventPrice
Jun 8, 2026
Source: BNYMLS #502080
Listed For Sale
$5,999,000
Jun 8, 2026
Source: BNYMLS #502067
ListingRemoved
$5,999,900
Jun 7, 2026
Source: BNYMLS #502067
Listed For Sale
$5,999,900
Feb 12, 2026
Source: BNYMLS #496836
ListingRemoved
$5,800,000
Oct 24, 2025
Source: BNYMLS #496836
Listed For Sale
$5,800,000

LGBTQ Local Legal Protections

Ray Long Wu, Ashford Homes LLC, (929) 364-1301
Agent Phone: (347) 335-6333
The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.

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Frequently asked questions about 1761 E 12th St

  • What is the estimated monthly payment for 1761 E 12th St?
    Based on a $5,999,000 list price with 20% down at today's rates, the estimated monthly payment for 1761 E 12th St in Brooklyn, NY is approximately $34,518 (about $30,844 principal & interest, $3,599 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 1761 E 12th St compare to homes in Brooklyn?
    1761 E 12th St in Brooklyn, NY is listed at $5,999,000, about 1083% above the $507K median sale price in Brooklyn.
  • What do residents say about the Sheepshead Bay neighborhood?
    Residents describe the Sheepshead Bay neighborhood in Brooklyn, NY as pedestrian-friendly, walkable to grocery stores, and walkable to restaurants. See homes for sale in Sheepshead Bay, Brooklyn.
  • What are the closest schools to 1761 E 12th St?
    The closest schools to 1761 E 12th St in Brooklyn, NY are Edward R Murrow High School (rated 3/10), Ps 153 Homecrest (Pre-K/Elementary, rated 4/10), Ps 238 Anne Sullivan (Pre-K/Elementary/Middle, rated 7/10).
  • How big is the lot at 1761 E 12th St?
    The lot at 1761 E 12th St in Brooklyn, NY is about 0.08 acres (3,510 sq ft).
  • Does 1761 E 12th St have parking?
    Yes, 1761 E 12th St in Brooklyn, NY has on-site parking.
1761 E 12th St, Brooklyn, NY 11229 is a studio single-family home. 1761 E 12th St is located in Sheepshead Bay, Brooklyn. This property is currently available for sale and was listed by BNYMLS on Jun 8, 2026. The MLS # for this home is MLS# 502080.