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  2. 2862 West 17th Street
  • 2862 West 17th Street
  • $ 2,350,000
2862 West 17th Street Coney Island Brooklyn NY 11224
2862 West 17th Street Coney Island Brooklyn NY 11224
2862 West 17th Street Coney Island Brooklyn NY 11224
2862 West 17th Street Coney Island Brooklyn NY 11224
2862 West 17th Street Coney Island Brooklyn NY 11224
2862 West 17th Street Coney Island Brooklyn NY 11224
2862 West 17th Street Coney Island Brooklyn NY 11224
2862 West 17th Street Coney Island Brooklyn NY 11224
2862 West 17th Street Coney Island Brooklyn NY 11224
2862 West 17th Street Coney Island Brooklyn NY 11224
2862 West 17th Street Coney Island Brooklyn NY 11224
2862 West 17th Street Coney Island Brooklyn NY 11224
2862 West 17th Street Coney Island Brooklyn NY 11224
2862 West 17th Street Coney Island Brooklyn NY 11224
2862 West 17th Street Coney Island Brooklyn NY 11224

2862 West 17th Street

Coney Island   |   Neptune Av & Mermaid Av

Building For Sale
$ 2,350,000
Ownership Multi-Family
Lot Size 20'x123'
Status Active
Real Estate Taxes [Per Annum] $ 8,573
Building Size 20'x60'
Year Built 1920
ASF/ASM 4,294/399
 

Photos

2862 West 17th Street Coney Island Brooklyn NY 11224
2862 West 17th Street Coney Island Brooklyn NY 11224
2862 West 17th Street Coney Island Brooklyn NY 11224
2862 West 17th Street Coney Island Brooklyn NY 11224
2862 West 17th Street Coney Island Brooklyn NY 11224
2862 West 17th Street Coney Island Brooklyn NY 11224
2862 West 17th Street Coney Island Brooklyn NY 11224
2862 West 17th Street Coney Island Brooklyn NY 11224
2862 West 17th Street Coney Island Brooklyn NY 11224
2862 West 17th Street Coney Island Brooklyn NY 11224
2862 West 17th Street Coney Island Brooklyn NY 11224
2862 West 17th Street Coney Island Brooklyn NY 11224
2862 West 17th Street Coney Island Brooklyn NY 11224

Maria Castellano

License Licensed As: Maria Castellano

Licensed Real Estate Broker/Owner


W: 718-236-1800
M: 917-318-1775
2862 West 17th Street Coney Island Brooklyn NY 11224

Property Description

Legal 5-Family | Approx. 6.5% Cap Rate | Two Buildings on One Lot Rare opportunity to acquire a legal 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 legal 4-family • Rear Building: • Two stories plus a finished basement • Configured as a legal 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.
Legal 5-Family | Approx. 6.5% Cap Rate | Two Buildings on One Lot Rare opportunity to acquire a legal 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 legal 4-family • Rear Building: • Two stories plus a finished basement • Configured as a legal 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.

Listing Courtesy of Tiger Realty

Maria Castellano

License Licensed As: Maria Castellano

Licensed Real Estate Broker/Owner


W: 718-236-1800
M: 917-318-1775

Care to take a look at this property?

Apartment Features

Exposed Bricks
2862 West 17th Street Coney Island Brooklyn NY 11224
2862 West 17th Street Coney Island Brooklyn NY 11224

Building Details [2862 West 17th Street]

Ownership Multi-Family
Block/Lot 7020/34
Building Size 20'x60'
Zoning R6
Year Built 1920
Floors 3
Lot Size 20'x123'

Mortgage Calculator in [US Dollars]

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Loan Amount

Maria Castellano

License Licensed As: Maria Castellano

Licensed Real Estate Broker/Owner


W: 718-236-1800
M: 917-318-1775
BNYMLS All information furnished regarding this or any property listed for sale or rent is gathered from sources deemed reliable. Though we have no reason to doubt the accuracy or validity of this information, we make no warranty or representation as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or withdrawal without notice. It is strongly recommended that the prospective purchaser or tenant shall carefully review each item of size, dimensions, real estate taxes, expenses, legal use and any other information presented herein.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
MLSID: 498008