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 investors seeking a stable, turnkey multifamily property. For additional details, financials, or to schedule a private showing, please contact the listing agent.
Active
$2,250,000
2862 W 17th St, Brooklyn, NY 11224
14beds
4,294sqft
Rental Unit
Built in 1920
-- sqft lot
$2,167,900 Zestimate®
$524/sqft
$-- HOA
What's special
- 91 days
- 119
- 2
Zillow last checked:
Listing updated:
Listed by:
Tiger Realty 646-239-5999,
Tyler Hang Chen
Source: StreetEasy,MLS#: S1832373
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 14
- Bathrooms: 9
- Full bathrooms: 9
Features
- Has fireplace: No
Interior area
- Total structure area: 4,294
- Total interior livable area: 4,294 sqft
Property
Details
- Special conditions: Resale
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Rental Unit
Condition
- Year built: 1920
Community & HOA
Community
- Subdivision: Coney Island
Location
- Region: Brooklyn
Financial & listing details
- Price per square foot: $524/sqft
- Date on market: 6/6/2026
Estimated market value
$2,167,900
$2.06M - $2.28M
$2,570/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/16/2026 | Price change | $2,250,000-4.3%$524/sqft |
Source: | ||
| 12/23/2025 | Listed for sale | $2,350,000+80.9%$547/sqft |
Source: | ||
| 8/18/2020 | Listing removed | $1,299,000$303/sqft |
Source: RE/MAX EDGE Report a problem | ||
| 6/9/2020 | Listed for sale | $1,299,000+5.6%$303/sqft |
Source: Remax Edge Report a problem | ||
| 6/5/2020 | Sold | $1,230,000$286/sqft |
Source: StreetEasy #S1416713 Report a problem | ||
Public tax history
Tax history is unavailable.








