17 Thames St, Brooklyn, NY, 11206
About This Home
East Williamsburg Investment: Income Stability Meets Prime Location Presenting an exceptional mixed-use investment opportunity at 17 Thames Street, strategically located in the heart of East Williamsburg. Set on a substantial 23.5'X100' lot, this well-maintained building is designed to maximize income and long-term value. The Location Advantage: The property boasts an unbeatable position, just a short walk from the Morgan Avenue L train. It is perfectly situated within one of Brooklyn’s most dynamic corridors, surrounded by celebrated cafés, innovative restaurants, and bustling creative hubs—a true draw for both residential and commercial tenants. Strong Income & Configuration: Immediate stability is assured by the ground-floor retail space, which benefits from a newly signed 5-year lease. Above, the building offers approximately 1,700 square feet of residential space, configured as two spacious 2-bedroom, 1-bath apartments. Each unit features a functional layout, comfortable living areas, and excellent natural light, appealing directly to the neighborhood's high-demand rental market. 17 Thames Street delivers a powerful combination of proven income, quality assets, and an irreplaceable location, making it a turnkey investment for future growth.
Getting Around
Walker's Paradise
Very Limited Transit
Very BikeableSchools
Construction
Condition
- Year built: 1931
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Dishwasher
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Features
- Flooring: Hardwood
Interior Area
- Total structure area: 2,650
- Total interior livable area: 2,650 sqft
Property
Details
- Special condition: Resale
Features
- Patio & porch: Other
- Exterior features: Courtyard
- Has view: Yes
- View description: City
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Heat Wave
- Earthquake
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Kings County and New York
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $11,377 | $136,524 |
| Home Insurance * | $283 | $3,396 |
| Property Taxes | $1,050 | $12,600 |
| Electricity | $437 | $5,255 |
| Total | $13,147 | $157,764 |
Income You'd Need if You Spent...
New York FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-17 | Listed for sale | $2,250,000 |
| 2025-11-24 | Listing removed | $2,250,000 |
| 2025-11-17 | Listed for sale | $2,250,000 |
| 2021-03-24 | Listing removed | -- |
| 2015-05-16 | Listing removed | $2,000 |
| 2015-04-16 | Price change | $2,000 |
| 2015-04-14 | Listed for rent | $2,300 |
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