1763 E 12th St
Brooklyn, NY 11229
Sheepshead Bay- Studio
Studio
Home Highlights
Parking
Open Parking
Listed
73 days ago
Climate Control
Natural Gas, Baseboard Heating
Local Information
-- mins to
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. 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 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#502097

Home Details for 1763 E 12th St
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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 |
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Exterior Home Features Roof: Asphalt TarFoundation: Block, Concrete Perimeter |
Parking & Garage No CarportNo GarageNo Attached GarageHas Open ParkingParking: Private Drive,None |
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Cumulative Days on Market: 22Days on Market: 73 |
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Property Type / Style Property Type: ResidentialProperty Subtype: Mixed Use |
Building Building: NoneConstruction Materials: Masonry, BrickNot Attached Property |
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Price List Price: $3,200,000 |
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MLS Status: Active |
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Direction & Address City: BrooklynCommunity: Brooklyn |
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Listing Agent Listing ID: 502097 |
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Lot Area: 3510 sqft |
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Special Conditions: Arm's Length |
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BasementMls Number: 502097 |
Around this home
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.
Market trends in Sheepshead Bay
Last updated July 2026
Avg. sale price
$507K
$15.33KMoM
Sale-to-List Price
—
Price per sq ft
$490
$38MoM
Available listings
360
14MoM
Home Value
Trulia Estimate
$3.01MSince last month
Increased$46K (+1.5%)Since last year
Increased$1M (+50.5%)Since last sale
Increased$770K (+34.4%)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 +133% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $3.01M |
| July 2026 | $2.96M |
| June 2026 | $3.04M |
| April 2026 | $5.26M |
| January 2026 | $5.28M |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
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 |
|---|---|---|---|---|---|---|---|
0.14 | Single-Family Home | $2,700,000 | 01/05/26 | 3 | 3 | 1,512 | |
0.36 | Single-Family Home | $1,670,000 | 12/03/25 | 7 | 2.5 | 2,432 | |
0.48 | Single-Family Home | $2,175,000 | 03/13/26 | 5 | 3.5 | 2,444 | |
0.48 | 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 |
|---|---|---|---|---|---|---|
0.05 | $605,000 | 2 | 2 | 1,110 | For Sale | |
0.05 | $726,200 | 2 | 2 | 1,110 | Off Market | |
0.01 | $5,999,000 | Studio | - | - | For Sale | |
0.01 | $411,900 | Studio | 1 | 411 | Off Market | |
0.01 | $478,900 | 1 | 1 | 586 | Off Market | |
0.01 | $705,000 | 2 | 1.5 | 849 | Recently Sold | |
0.01 | $522,800 | 1 | 1 | 600 | Off Market | |
0.09 | $1,652,200 | 3 | 2 | 5,500 | Off Market | |
0.05 | - | 2 | 1 | - | Off Market | |
0.03 | $2,211,300 | Studio | 2 | - | Off Market | |
0.08 | - | 2 | 2 | 1,200 | Off Market |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jun 7, 2026 Source: BNYMLS #502068 | Listed For Sale | $3,200,000 |
Feb 12, 2026 Source: BNYMLS #497444 | ListingRemoved | $5,800,000 |
Nov 18, 2025 Source: BNYMLS #497444 | Listed For Sale | $5,800,000 |
Aug 12, 2022 Source: N/A | Sold | $2,240,000 |
Mar 24, 2021 Source: N/A | ListingRemoved | |
Jun 28, 2018 Source: N/A | ListingRemoved | $2,500,000 |
Jun 25, 2018 Source: N/A | Listed For Sale | $2,500,000 |
May 31, 2014 Source: Agent Provided | ListingRemoved | $1,800 |
Apr 30, 2014 Source: Agent Provided | Listed For Rent | $1,800 |
Jul 18, 2006 Source: N/A | Sold | $840,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $11,933 | $1,642,000 |
Home facts updated by county records
LGBTQ Local Legal Protections
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 1763 E 12th St
- What is the estimated monthly payment for 1763 E 12th St?Based on a $3,200,000 list price with 20% down at today's rates, the estimated monthly payment for 1763 E 12th St in Brooklyn, NY is approximately $18,176 (about $16,181 principal & interest, $1,920 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 1763 E 12th St compare to homes in Brooklyn?1763 E 12th St in Brooklyn, NY is listed at $3,200,000, about 531% 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 1763 E 12th St?The closest schools to 1763 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 1763 E 12th St?The lot at 1763 E 12th St in Brooklyn, NY is about 0.08 acres (3,510 sq ft).
- Does 1763 E 12th St have parking?Yes, 1763 E 12th St in Brooklyn, NY has on-site parking.
1763 E 12th St, Brooklyn, NY 11229 is a studio single-family home. 1763 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# 502097.