Key highlights of the property include: - Fully Renovated: A 6-unit multifamily building in Coney Island that underwent a complete gut renovation in 2019 (including the roof, mechanicals, plumbing, and electric) with a new Certificate of Occupancy issued in 2021. - Free-Market: A 100% free-market rent roll (never rent-stabilized), offering full owner control over rents and turnover-ideal for a 1031 exchange. - Financials: Priced at $1,875,000 ($312,500/unit, $530/SF) with a 7.50% in-place cap rate and a Net Operating Income (NOI) of $140,658. - Location: Prime location steps from the Coney Island boardwalk and beach, and approximately 0.3 miles from the Stillwell Ave subway terminal (D, F, N, and Q lines).
For sale
$1,875,000
2850 W 17th St, Brooklyn, NY 11224
--beds
3,537sqft
Multi Family
Built in 1920
-- sqft lot
$-- Zestimate®
$530/sqft
$-- HOA
What's special
- 8 hours
- 22
- 3
Zillow last checked:
Listing updated:
Listed by:
PRIMEROCK REAL ESTATE GROUP INC,
Andrey Kisheyev 646-434-9100
Source: NY State MLS,MLS#: 11959735
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Electric, Other
Cooling
- Wall/Window Unit(s)
Features
- Flooring: Hardwood
- Basement: Full,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 3,537
- Total interior livable area: 3,537 sqft
- Finished area above ground: 3,537
Property
Features
- Stories: 3
- Frontage length: 0
Lot
- Size: 2,404 Square Feet
Details
- Parcel number: 070200029
- Lease amount: $0
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Masonry - Brick, Stucco Siding
Condition
- New construction: No
- Year built: 1920
- Major remodel year: 2019
Utilities & green energy
- Electric: Amps(0)
Community & HOA
Community
- Subdivision: Coney Island
HOA
- Has HOA: No
Location
- Region: Brooklyn
Financial & listing details
- Price per square foot: $530/sqft
- Tax assessed value: $594,000
- Annual tax amount: $11,891
- Date on market: 8/31/2026
- Date available: 08/31/2026
- Listing agreement: Exclusive
Estimated market value
Not available
Estimated sales range
Not available
$3,626/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/31/2026 | Listed for sale | $1,875,000-0.8%$530/sqft |
Source: NY State MLS #11959735 Report a problem | ||
| 8/16/2026 | Listing removed | $1,890,000$534/sqft |
Source:  BNYMLS #501488 Report a problem | ||
| 7/14/2026 | Price change | $1,890,000-2.1%$534/sqft |
Source: BNYMLS #501488 Report a problem | ||
| 6/29/2026 | Price change | $1,930,000-3%$546/sqft |
Source: BNYMLS #501488 Report a problem | ||
| 6/4/2026 | Price change | $1,990,000-2.9%$563/sqft |
Source: BNYMLS #501488 Report a problem | ||
| 5/16/2026 | Listed for sale | $2,050,000+20499900%$580/sqft |
Source: BNYMLS #501488 Report a problem | ||
| 11/29/2017 | Listing removed | $2,000$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 11/10/2017 | Listed for rent | $2,000$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 3/8/2017 | Sold | $10-100% |
Source: Public Record Report a problem | ||
| 7/15/2016 | Sold | $255,000-61.4%$72/sqft |
Source:  SIBOR #1091976 Report a problem | ||
| 6/3/2015 | Listing removed | $659,999$187/sqft |
Source: Robert DeFalco Realty, Inc. #1091976 Report a problem | ||
| 10/22/2014 | Pending sale | $659,999$187/sqft |
Source: Robert DeFalco Realty, Inc. #1091976 Report a problem | ||
| 10/21/2014 | Listed for sale | $659,999+5.6%$187/sqft |
Source: Robert DeFalco Realty, Inc. #1091976 Report a problem | ||
| 5/1/2011 | Listing removed | $625,000$177/sqft |
Source: Dynasty Real Estate, Inc. #1060626 Report a problem | ||
| 5/14/2010 | Listed for sale | $625,000$177/sqft |
Source: Dynasty Real Estate, Inc. #1060626 Report a problem | ||
| 5/22/2009 | Listing removed | $625,000$177/sqft |
Source: VLS Homes #341452 Report a problem | ||
| 4/4/2009 | Listed for sale | $625,000+257.1%$177/sqft |
Source: VLS Homes #341452 Report a problem | ||
| 5/4/1999 | Sold | $175,000$49/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $11,522 +7.5% | $267,300 -20% |
| 2024 | $10,722 | $334,260 +20% |
| 2023 | -- | $278,550 +1.8% |
| 2022 | -- | $273,600 +382% |
| 2021 | -- | $56,760 +5.1% |
| 2020 | $5,323 +0.9% | $54,000 |
| 2019 | $5,277 +7.2% | $54,000 +129.5% |
| 2018 | $4,922 +8.7% | $23,527 +5.9% |
| 2017 | $4,528 +10.5% | $22,213 +6% |
| 2016 | $4,098 | $20,956 |
| 2015 | $4,098 +62.1% | $20,956 +0.9% |
| 2014 | $2,527 | $20,775 +6% |
| 2013 | -- | $19,606 +5.9% |
| 2012 | -- | $18,511 +6% |
| 2011 | -- | $17,464 |
| 2010 | -- | $17,464 +0.9% |
| 2009 | -- | $17,313 +6% |
| 2008 | -- | $16,339 +5.9% |
| 2007 | -- | $15,426 +6% |
| 2006 | -- | $14,554 |
| 2005 | -- | $14,554 +0.9% |
| 2004 | -- | $14,428 +6% |
| 2003 | -- | $13,616 +5.9% |
| 2002 | -- | $12,855 +6% |
| 2001 | -- | $12,129 |
| 2000 | -- | $12,129 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: Coney Island
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