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2862 West 17th Street, Brooklyn, NY 11224

Local realty services provided by:CENTURY 21 Homefront
2862 West 17th Street,Brooklyn, NY 11224
$2,350,000
  • 14 Beds
  • 9 Baths
  • 4,294 sq. ft.
  • Multi-family
  • Active
Listed by: hang (tyler) chen
Office: tiger realty
MLS#:498008
Source:BROOKLYN

Price summary

  • Price:$2,350,000
  • Price per sq. ft.:$547.28

About this home

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.

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Home facts

  • Year built:1920
  • Listing ID #:498008
  • Added:1 day(s) ago
  • Updated:December 23, 2025 at 10:43 PM

Rooms and interior

  • Bedrooms:14
  • Total bathrooms:9
  • Full bathrooms:9
  • Living area:4,294 sq. ft.

Heating and cooling

  • Heating:Gas, Hot Water

Structure and exterior

  • Roof:Flat
  • Year built:1920
  • Building area:4,294 sq. ft.
  • Lot area:0.06 Acres

Finances and disclosures

  • Price:$2,350,000
  • Price per sq. ft.:$547.28
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