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

$2,250,000

14

Beds

Bathrooms

4,294

Building Sqft

0.06

Acres

2,460

Lot Sqft

About 2862 17th Street

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.

Features of 2862 17th Street

MLS® #
498008
Bedrooms
14
Acres
0.06
Type
Residential
Price
$2,250,000
Square Footage
4,294
Year Built
1920
Sub-Type
Multi-Family

Community Information

Address
2862 17th Street
City
Brooklyn
County
Kings (Brooklyn)
State
New York
Zip Code
11224

Listing Information

Agent Name
Hang (Tyler) Chen
Agent Office
Tiger Realty

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(718) 987-7900