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2869 W 17th St APT 1, Brooklyn, NY, 11224

7beds
6baths
5,280sqft
$1,390,000
$263price/sqft
$9,157/moest. monthly cost
$366,280/yrincome needed

About This Home

Prime Development Opportunity in the Heart of Coney Island 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.

Getting Around

90
WalkingVery Walkable
0
TransitVery Limited Transit
71
BikeVery Bikeable

Schools

4/10
--
Liberation Diploma PlusGrades 9-120.1 mi
8/10
Is 228 David A BoodyGrades 6-81.7 mi

Construction

Condition

  • Year built: 1930

Type & Style

  • Home type: SingleFamily
  • Property subType: Building

Interior

Bedrooms & Bathrooms

  • Bedrooms: 7
  • Bathrooms: 6
  • Full bathrooms: 6

Interior Area

  • Total structure area: 5,280
  • Total interior livable area: 5,280 sqft

Property

Details

  • Special condition: Resale