1763 E 12th St
Brooklyn, NY 11229
Sheepshead Bay- Studio
Studio
Local Information
-- mins to
Description
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.
Home Highlights
Parking
Open Parking
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
27 days ago
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: 27 |
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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 |
Market trends in Sheepshead Bay
Last updated May 2026
Avg. sale price
$527K
$88.33KMoM
Sale-to-List Price
—
Price per sq ft
$468
$18MoM
Available listings
337
14MoM
Price History for 1763 E 12th St
| Date | Price | Event | Source |
|---|---|---|---|
| 06/07/2026 | $3,200,000 | Listed For Sale | BNYMLS #502068 |
| 02/12/2026 | $5,800,000 | ListingRemoved | BNYMLS #497444 |
| 11/18/2025 | $5,800,000 | Listed For Sale | BNYMLS #497444 |
| 08/12/2022 | $2,240,000 | Sold | N/A |
| 03/24/2021 | ListingRemoved | N/A | |
| 06/28/2018 | $2,500,000 | ListingRemoved | N/A |
| 06/25/2018 | $2,500,000 | Listed For Sale | N/A |
| 05/31/2014 | $1,800 | ListingRemoved | Agent Provided |
| 04/30/2014 | $1,800 | Listed For Rent | Agent Provided |
| 07/18/2006 | $840,000 | Sold | N/A |
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Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $11,933 |
| Assessment | $1,642,000 |
Home facts updated by county records
Comparable Sales for 1763 E 12th St
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 | |
0.13 | Single-Family Home | $4,500,000 | 04/27/26 | 5 | 3 | 1,858 | |
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 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 1763 E 12th St.
What Locals Say about Sheepshead Bay
At least 1092 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
44 % 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.
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.
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.