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$ 2,250,000
Est. payment /mo
Price Dropped by $100K
2862 West 17th ST Brooklyn, NY 11224
14 Beds
9 Baths
4,294 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,294 sqft
Price per Sqft $523
MLS Listing ID 498008
Bedrooms 14
Full Baths 9
Year Built 1920
Annual Tax Amount $8,573
Property Sub-Type Multi-Family
Property Description
5-Family | Approx. 6.5% Cap Rate | Two Buildings on One Lot
Rare opportunity to acquire a 5-family investment property in excellent condition, situated on a 20' x 119' lot. The property consists of two separate buildings, both recently renovated with new electrical and plumbing systems throughout.
All units feature separate heating systems and boilers, with tenants responsible for their own utilities, ensuring low operating expenses and strong income stability.
Property Configuration:
• Front Building:
• Three stories plus a partial basement (utility room)
• Configured as a 4-family
• Rear Building:
• Two stories plus a finished basement
• Configured as a 1-family
This well-maintained asset offers immediate cash flow with long-term upside potential, making it ideal for investors seeking a stable, turnkey multifamily property.
For additional details, financials, or to schedule a private showing, please contact the listing agent.
Rare opportunity to acquire a 5-family investment property in excellent condition, situated on a 20' x 119' lot. The property consists of two separate buildings, both recently renovated with new electrical and plumbing systems throughout.
All units feature separate heating systems and boilers, with tenants responsible for their own utilities, ensuring low operating expenses and strong income stability.
Property Configuration:
• Front Building:
• Three stories plus a partial basement (utility room)
• Configured as a 4-family
• Rear Building:
• Two stories plus a finished basement
• Configured as a 1-family
This well-maintained asset offers immediate cash flow with long-term upside potential, making it ideal for investors seeking a stable, turnkey multifamily property.
For additional details, financials, or to schedule a private showing, please contact the listing agent.
Location
State NY
County Kings (brooklyn)
Area Coney Island
Zoning R6
Rooms
Basement Finished, Full
Interior
Hot Water Gas
Heating Gas
Flooring Tile, Other
Heat Source Gas
Exterior
Exterior Feature Brick
Amenities Available NONE
Roof Type Flat
Handicap Access No
Building
Story 3
Foundation Poured Concrete
Others
Energy Description Gas
Financing Bank Mortgage,Cash
Listed by Tiger Realty
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