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2850 17th Street

Brooklyn, NY 11224
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Bed --

Bed

Bath 6

Bath

Acres0.06

Acre(Lot)

A stands out in the Brooklyn multifamily market, This 6-unit building offering an immediate 7.51% Cap Rate. Rebuilt from the ground up in 2021. Building Size: 20' x 62' , Lot Size: 20' x 120', Zoning: R6 (High potential for future condo conversion) Architectural Volume & Luxury Interiors Rarely found in traditional 6-family buildings, the units here feature exceptional vertical space: Designer Finishes: Every unit is outfitted with hard wood floors, quartz countertops, and a full suite of stainless-steel appliances. Versatile Lower Level: The cellar mirrors the high-volume feel of the upper floors. Currently accessory storage offers a strategic opportunity to be duplexed with ground-floor units to create massive recreation rooms with direct access to the expansive private backyard. Effici ent, Modern Mechanicals This building is engineered for low owner overhead and tenant autonomy: Electric HVAC & Hot Water: Each unit is equipped with its own Split AC system for independent heating and cooling, as well as its own electric hot water boiler. Tenant-Paid Utilities: By utilizing all-electric mechanicals, the utility burden and maintenance are shifted directly to the tenants, keeping owner expenses at a minimum. The Ultimate Lifestyle Destination Tenants are a short distance away from the legendary "People’s Playground." This property boasts a 100/100 Transit and Walk Score, located just minutes from: Iconic Attractions: Immediate access to Luna Park, the Coney Island Cyclone, and the New York Aquarium. Beachfront Living: A short moment to the world-famous Coney Island Boardwalk and beach. Entertainment & Dining: Minutes from Maimonides Park (home of the Brooklyn Cyclones) and local staples like Nathan’s Famous. Unmatched Transit: Adjacent to the Stillwell Ave Station, providing 24/7 express access to the D, F, N, and Q lines for a seamless commute.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,990,000

AD Id : 78738565

MLS Id : 501488

Lot Size : 0.06 Acre

Year Built : --

County : Kings

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Feature Features

  • Bathroom Information

    Full Baths: 6
  • Flooring Information

    Hardwood
  • Roofing Information

    Flat
  • Interior Features

    Roof: Flat Appliances: Electric Water Heater, Cooktop
  • Heating & Cooling

    Has Heating: Yes Heating: Electric

  • Building Information

    Construction Materials: Brick Private Pool: No

  • Lot Information

    Lot Dimensions: 120 x 20 Lot Size Acres: 0.06 Lot Size Square Feet: 2404

  • Listing Price Information

    Listing Price: $1990000 Original Price: $2050000

  • Tax Information

    Tax Lot: 29 Tax Block: 7020 Annual Tax: $11521.76
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Nearby Home Value

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1412 Neptune Avenue, Brooklyn, NY, 11224 $2,498,000 6 2 2,508 2,508 SqFt
1411 Neptune Avenue, Brooklyn, NY, 11224 $989,000 6 3 2,280 2,280 SqFt
2760 15th Street, Brooklyn, NY, 11224 $999,000 -- 2 --
2862 17th Street, Brooklyn, NY, 11224 $2,250,000 14 9 4,294 4,294 SqFt
2729 16th Street, Brooklyn, NY, 11224 $2,500,000 -- -- 2,592 2,592 SqFt
2717 16th Street, Brooklyn, NY, 11224 $980,000 4 2 2,160 2,160 SqFt
2312A Mermaid Avenue, Brooklyn, NY, 11224 $719,000 3 2.5 1,812 1,812 SqFt
2323 Mermaid Avenue, Brooklyn, NY, 11224 $1,150,000 -- -- 3,246 3,246 SqFt
2325 Mermaid Avenue, Brooklyn, NY, 11224 $1,150,000 -- -- 3,246 3,246 SqFt
3707 Nautilus Avenue, Brooklyn, NY, 11224 $699,000 3 3 --

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Brooklyn Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2026 Brooklyn MLS. All Rights Reserved.

ByOwner last updated this listing 06/07/2026 @ 17:49

MLS: 501488 LISTED BY: Shao Lin, E House Realty & Mgt. Inc. 718-680-2776 SOURCE: Brooklyn Board of REALTORS

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