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Map
$9,886,445*
●
Commercial -
Off Market
1670 East 17 Street
Brooklyn, NY 11229
Studio
0 Bath
10900 Sqft
$6,300,000 - $7,700,000
Reference Base Price*
41.23%
Since Aug 1, 2020
NY-New York
Primary Model
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!
The manager has listed the unit size as 10900 square feet.
The manager has listed the unit size as 10900 square feet.
Unit Size
10,900Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$642
Property Type
Commercial
Property Taxes
-
HOA Dues
-
Year Built
1925
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 10, 2024 | Sold to Interborough Development An... | $4,900,000 | |
| Sold to Interborough Development An... | |||
| Jul 12, 2020 | No longer available | - | |
| No longer available | |||
| May 27, 2020 | Price Decreased |
$7,000,000
↓ $1M
(12.5%)
|
|
| Price Decreased | |||
| Mar 9, 2020 | Listed | $8,000,000 | |
| Listed | |||
Property Highlights
1670 East 17 Street
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
01/19/2021
|
|
Loft
|
-
|
10900 ft²
|
$6,200,000
Loft
-
10900 ft²
|
-
-
|
-
|
Melanie M. Kishk
Century 21 MK Realty
|
|
03/09/2020
|
|
Loft
|
-
|
10900 ft²
|
$8,000,000
Loft
-
10900 ft²
|
-
-
|
-
|
-
|
Building Info
