Prime Development Opportunity in the Heart of Coney Island
An exceptional chance to acquire a vacant development site in one of Brooklyn’s most rapidly transforming neighborhoods. Formerly a brick six-family building, the structure is now fully gutted and ready for redevelopment, presenting a rare canvas for builders and investors.
The lot measures 20 x 118.75, with an existing 20 x 88, three-story building offering approximately 5,280 sq. ft. of current living area, plus 499 sq. ft. of unused FAR for added expansion potential.
This location is ideal for a variety of large-scale uses—hotel, school, community facility, or a new residential project—positioned perfectly within Coney Island’s thriving growth and revitalization zone.
Important Note:
The sale requires an all-cash buyer. MLS approval is in place. No financials are available due to the property’s vacant condition.
Active
$1,299,000
2869 W 17th St APT 1, Brooklyn, NY 11224
7beds
5,280sqft
Rental Unit
Built in 1930
-- sqft lot
$1,290,000 Zestimate®
$246/sqft
$-- HOA
What's special
Brick six-family buildingThree-story building
- 284 days
- 136
- 1
Zillow last checked:
Listing updated:
Listed by:
EXP Realty BKNY 917-544-8520,
Alexander Plotkin
Source: StreetEasy,MLS#: S1801272
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 6
- Full bathrooms: 6
Features
- Has fireplace: No
Interior area
- Total structure area: 5,280
- Total interior livable area: 5,280 sqft
Property
Details
- Special conditions: Resale
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Rental Unit
Condition
- Year built: 1930
Community & HOA
Community
- Subdivision: Coney Island
Location
- Region: Brooklyn
Financial & listing details
- Price per square foot: $246/sqft
- Date on market: 11/20/2025
Estimated market value
$1,290,000
$1.23M - $1.35M
$5,505/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/27/2026 | Price change | $1,299,000-6.5%$246/sqft |
Source: StreetEasy #S1801272 Report a problem | ||
| 11/21/2025 | Listed for sale | $1,390,000$263/sqft |
Source: StreetEasy #S1801272 Report a problem | ||
Public tax history
Tax history is unavailable.








