2869 W 17th St - Apartments FOR SALE


Brooklyn, NY 11224- Coney Island
$1,299,000 USD
917-544-8520
2869 W 17th St, Brooklyn, NY for Sale
$1,299,000 USD
Apartments - FOR SALE
1/13
null | Request Cap Rate

2869 W 17th St
Brooklyn, NY 11224
Coney Island


HIGHLIGHTS

  • Desirable location, flexible zoning, redevelopment potential, and strong neighborhood fundamentals, making it a compelling investment opportunity in t

OVERVIEW

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

FOR SALE DETAILS

PRICE

$1,299,000 USD

PRICE/SF

$246 USD /SF

# OF UNITS

6

PRICE/UNIT

$216,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Prime Development Opportunity in the Heart of

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1930

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,374 SF

ZONING

R6

APN/PARCEL ID

07021-0060

ASK ABOUT THIS PROPERTY

Alex PlotkinEXP Realty BKNYMore Info
917-544-8520

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Alex PlotkinEXP Realty BKNYMore Info
917-544-8520

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.