East Williamsburg Investment: Income Stability Meets Prime Location
Presenting an exceptional mixed-use investment opportunity at 17 Thames Street, strategically located in the heart of East Williamsburg. Set on a substantial 23.5'X100' lot, this well-maintained building is designed to maximize income and long-term value.
The Location Advantage:
The property boasts an unbeatable position, just a short walk from the Morgan Avenue L train. It is perfectly situated within one of Brooklyn’s most dynamic corridors, surrounded by celebrated cafés, innovative restaurants, and bustling creative hubs—a true draw for both residential and commercial tenants.
Strong Income & Configuration:
Immediate stability is assured by the ground-floor retail space, which benefits from a newly signed 5-year lease. Above, the building offers approximately 1,700 square feet of residential space, configured as two spacious 2-bedroom, 1-bath apartments. Each unit features a functional layout, comfortable living areas, and excellent natural light, appealing directly to the neighborhood's high-demand rental market.
17 Thames Street delivers a powerful combination of proven income, quality assets, and an irreplaceable location, making it a turnkey investment for future growth.
Active
$2,250,000
17 Thames St, Brooklyn, NY 11206
4beds
2,650sqft
Multi Family
Built in 1931
-- sqft lot
$2,212,700 Zestimate®
$849/sqft
$-- HOA
What's special
Excellent natural lightFunctional layout
- 22 days |
- 326 |
- 13 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Douglas Elliman 718-708-3350,
Shai Bernstein,
Noam Gottlieb
Source: StreetEasy,MLS#: S1833905
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Rooms
- Room types: Bike Room
Appliances
- Included: Dishwasher
Features
- Flooring: Hardwood
- Has fireplace: No
Interior area
- Total structure area: 2,650
- Total interior livable area: 2,650 sqft
Property
Features
- Patio & porch: Other
- Exterior features: Courtyard
- Has view: Yes
- View description: City
Details
- Special conditions: Resale
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1931
Community & HOA
Community
- Subdivision: East Williamsburg
Location
- Region: Brooklyn
Financial & listing details
- Price per square foot: $849/sqft
- Annual tax amount: $6,708
- Date on market: 6/17/2026
Estimated market value
$2,212,700
$2.10M - $2.32M
$4,610/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/17/2026 | Listed for sale | $2,250,000$849/sqft |
Source: StreetEasy #S1833905 Report a problem | ||
| 11/24/2025 | Listing removed | $2,250,000$849/sqft |
Source: StreetEasy #S1800521 Report a problem | ||
| 11/17/2025 | Listed for sale | $2,250,000$849/sqft |
Source: StreetEasy #S1800521 Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 5/16/2015 | Listing removed | $2,000$1/sqft |
Source: Owner Report a problem | ||
| 4/16/2015 | Price change | $2,000-13%$1/sqft |
Source: Owner Report a problem | ||
| 4/14/2015 | Listed for rent | $2,300$1/sqft |
Source: Owner Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Williamsburg
Nearby schools
GreatSchools rating
- 8/10Ps 145 Andrew JacksonGrades: PK-5Distance: 0.2 mi
- 4/10Is 347 School Of HumanitiesGrades: 6-8Distance: 0.4 mi
- 4/10Bushwick Leaders High School For Academic ExcellenceGrades: 9-12Distance: 0.7 mi
A local agent can set up tours, give advice and negotiate with sellers.








