The listing facts are current enough for an initial property review.
for saleRealtyLens property overview
$450,000
12697 Flatlands Ave
Brooklyn, NY, 11208
View more Brooklyn, NY property pages4Beds
2Baths
2,200Sqft
$205$/sqft
Market Insights
Below nearby median-60%
$205/sqft vs a nearby median of $508/sqft.
Nearby median$508/sqft
Nearby properties12
Property size2,200 sqft
- -60% versus the nearby median price per square foot.
- 20 price records are available for this property.
- 2,200 sqft creates a usable price-per-square-foot read.
Pricing Read
Yardstick fair value$954k$868k – $1.04M · 50% confidence
vs ask $450k−$504k (−112.0%)
Asking price is about 112.0% below the fair value — likely to draw competing offers if it's still on market.
$493/sqft median across 8 tight comps × 2,200 sqft= $1.08M
- Open Class C HPD violations−$65k −6.0%
- Transit access−$33k −3.0%
- Days-on-market gravity−$33k −3.0%
- Modern construction+$16k +1.5%
- Visible condition issues−$16k −1.5%
Cumulative NYC adjustments−$130k−12.0%
Property Read
The asking price per square foot is below the nearby median, which can be worth a closer comp check.
Recorded price cuts can create room for negotiation, but the latest ask still needs to be compared against true comps.
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Listing Details
- Days on market
- 525 days
- Last price change
- Up $443,500 (6823%)
- Listed
- Dec 3, 2024
- Photos
- 5 photos
- Property type
- multi family
- Status
- for sale
Building Facts
- Year built
- 2005
- Stories
- 2
- Total units
- 3
- Residential units
- 3
- Building area
- 2,606 sqft
- Lot size
- 2,014 sqft
- Land use
- Multi-family walk-up buildings
- Building class
- C0
From NYC public records where available.
Price History
May 12, 2026diff
$450,000for sale
May 12, 2026diff
$6,500for rent
May 12, 2026diff
$450,000for sale
May 12, 2026diff
$6,500for rent
May 11, 2026diff
$450,000for sale
May 11, 2026diff
$6,500for rent
May 11, 2026diff
$450,000for sale
May 11, 2026diff
$6,500for rent
Public Records
DOB violations2 open
2 total recorded against the building
HPD violations9 open
4 class C (immediately hazardous)
ACRIS documents16
Tax-lot deed, mortgage, and transfer records on file
311 calls (12 mo)40,806
Top: illegal parking
Top complaint types in ZIP 11208
- Illegal Parking7,755
- Noise - Residential4,813
- HEAT/HOT WATER3,758
- Blocked Driveway3,676
- UNSANITARY CONDITION1,521
Recent DOB
- Jan 13, 2011V-DOB VIOLATION - ACTIVE · AEUHAZ1-FAIL TO CERTIFY CLASS 1 NONE
- Dec 2, 2010V-DOB VIOLATION - ACTIVE · AEUHAZ1-FAIL TO CERTIFY CLASS 1 NONE
Recent HPD
- Sep 28, 2011Class B · SECTION 27-2073 ADM CODE - PROVIDE AN ADEQUATE SUPPLY OF GAS TO THE FIXTURES RANGE IN THE KITCHEN LOCATED AT APT 2FL, 2nd STORY
- Sep 28, 2011Class C · SECTION 27-2005 ADMIN. CODE: REPAIR THE ROOF SO THAT IT WILL NOT LEAK OVER CEILING, IN THE KITCHEN LOCATED AT APT 2FL, 2nd STORY
- Sep 28, 2011Class B · SECTION 27-2005 ADMIN. CODE: REPAIR THE BROKEN OR DEFECTIVE PLASTERED SURFACES AND PAINT IN UNIFORM COLOR CEILING, IN THE KITCHEN LOCATED AT APT 2FL, 2nd STORY
- Sep 28, 2011Class C · SECTION 27-2031 ADMIN. CODE: PROVIDE HOT WATER AT ALL HOT WATER FIXTURES IN THE ENTIRE APARTMENT LOCATED AT APT 2FL, 2nd STORY
Recent Transfers (ACRIS)
- Mar 5, 2024DEED$833,946.75
- Jan 8, 2020DEED
Sourced from NYC Open Data (DOB, HPD, ACRIS). Updated as the city republishes — check the original source for live status.