A multifamily building at 2869 West 17th Street, located between Neptune and Mermaid Avenues in Coney Island, Brooklyn, was sold in an all cash transaction valued at $580,000.
The three-story building is approximately 4,500 square feet and sits on a 20β x 119β lot. The building consists of two three-bedroom units, three two-bedroom units and one single-bedroom unit. The sale price equates to approximately $129 per square foot.
βThe buyer is a local investor with experience in renovation and property management,β said Massey Knakal Director of Sales Brian Hanson who exclusively handled this transaction.
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Neighborhoods: Coney Island