$5,250,0001670 17th StreetBrooklyn, New York, 11229

LISTED BY

Century 21 MK Realty

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Primary Features

  • Property Type: Commercial
  • Property Subtype: Commercial
  • Building Size: 8806 sqft.
  • Lot Size: 8817 sqft.
  • Year Built: 1988

Other Features

  • Flooring: Other
  • Foundation Details: Other
  • Heat Delivery: Other
  • Heating Fuel: Other
  • Parking Attributes: Other
  • Roof: Other
  • Utilities: Other
  • Walls: Other
  • Electric: Other

Location

  • Neighborhood: Homecrest
  • City: Brooklyn
  • State: New York
  • Zip: 11229
  • Zoning: R7A

Pricing & Sale Info

  • Price: $5,250,000
  • Tax Amount: $92,291
  • MLS#: 446723
  • Updated: Jul 08, 2022

About This Property

This is a meticulously maintained, completely updated 12-unit commercial brick building totaling 10,900 SF. The 1st Floor has two Retail – Storefronts + the basement used by commercial tenant for storage, and 10 office spaces throughout the rest of this three-story building. This is a well-managed building with a brand-new elevator and new boiler. The property is located just off the busy commercial avenue of Kings Highway in Prime Midwood near all the public transportation, shopping, schools, parks, restaurants and places of worship. There are 3 tenants left with the longest lease ending on April 30, 2021. Owner has vacated the upper part of the building. Excellent R7A Zoning. This property comes with significant rental upside as well as development opportunities. It is an excellent choice for the owner-user, developer, school or savvy investor. Call us today!