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2862 West 17th Street, Brooklyn, New York, New York 11224

$2,250,000

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Property Details

Beds: 14 Baths: 9 Neighborhood: Coney Island Tax Amount: $8573.00 MLS Number: 498008 Bldg Size: 20 x 60 Lot Size: 20 x 123 Lot SqFt: 2460

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.

Property Type Residential

Property Status: Active

Property Features Refrigerator Stove Other

Dalia Samouha

Real Estate Broker

Cell: 718.687.7576

Email: [email protected]

Instagram: @idealpropertiesrealty

Location

2862 West 17th Street, Brooklyn, New York, New York 11224