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2862 W 17th St

New York NY 11224

14
9
4294 sq. ft.
2460 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

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.

Features

14 bedrooms
9 bathrooms
4294 sq. ft. floor area
2460 sq. ft. lot size
Multi-Family

Property history for 2862 W 17th St

2020
Sold
$1,230,000
06 Jun 2020 by Kelly Wu, of REMAX Edge | Brooklyn

Happy sellers in New York

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Local market activity for 14 bedroom multi families in New York

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Sales:
(619) 566-0008
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