2862 17th Street
Brooklyn, NY 11224
14
Bed
9
Bath
4,294Sqft
0.06Acre(Lot)
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
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 14Bathroom Information
Full Baths: 9Room Information
Has Basement: Yes Basement: Finished, Full -
Flooring Information
Tile, Other -
Roofing Information
Flat -
Interior Features
Roof: Flat Appliances: Gas Water Heater, Refrigerator, Cooktop -
Heating & Cooling
Has Heating: Yes Heating: Hot Water, Natural Gas
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Building Information
Year Built: 1920 Building Area Total: 4294 Construction Materials: Brick Stories: 3 Private Pool: No
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Lot Information
Lot Dimensions: 123 x 20 Lot Size Acres: 0.06 Lot Size Square Feet: 2460
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Listing Price Information
Listing Price: $2250000 Original Price: $2350000
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Tax Information
Tax Lot: 34 Tax Block: 7020 Annual Tax: $8573
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Parking Information
Other
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 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 | -- | |
| 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 |
| 2850 17th Street, Brooklyn, NY, 11224 | $1,990,000 | -- | 6 | -- | |
| 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 | -- |
Similar Multifamily To 2862 17th Street
Nearby For Sale
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 06/08/2026 @ 04:19
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