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A blog for breaking sales and neighborhood real estate news.

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 20’ x 119’ 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.

β€œThe buyer is a local investor with experience in renovation and property management,” said Massey Knakal Director of Sales Brian Hanson who exclusively handled this transaction.

Click here for press release

Neighborhoods: Coney Island