2862 West 17th Street

Brooklyn, NY 11224
Beds
14
Baths
10
Square Ft.
4,294
$2,350,000
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 heatingRead MoreRead Less
Courtesy of Hang (Tyler) Chen, Tiger Realty 917-708-9966
Listing Snapshot | Source HomeJunction
Days Online
2
Last Updated
Property Type
Multi Family
Beds
14
Full Baths
10
Square Ft.
4,294
Lot Size
0.06 Acres
Year Built
1920
MLS Number
498008
30 Days Snapshot Of 11224
$672k
+63%
(avg) sold price
2
-66%
homes sold
96
-44%
(avg) days on market
Snapshot
Area Map
Additional Details | Source HomeJunction
Basement
Finished, Full
Building
Built in 1920, 1,200 building footprint sqft, 4,294 total sqft, 5 families, Brick
Expenses
Gross expense: $32,129, Fuel expense: $100, Insurance expense: $7,000, Utility expense: $500, Miscellaneous expense: $10,000
Exterior Features
Brick
Floors
Tile
Foundation
Poured Concrete
Heating
Gas, Gas, Hot Water
Income
Gross income: $184,800, Net operating income: $152,671
Lot
2,460 Sqft, Length: 123, Width: 20
Parking
Other
Property
Zoning: R6
Roof
Flat
Taxes
Tax amount: $8,573
Utilities
110 V
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Emmanuel Victor
CEO & Broker
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