17-27 E 14th Street, Brooklyn, NY 11229
Local realty services provided by:Better Homes and Gardens Real Estate Safari Realty
17-27 E 14th Street,Brooklyn, NY 11229
$1,980,000
- 12 Beds
- 8 Baths
- 5,250 sq. ft.
- Multi-family
- Active
Listed by:mi ryoung chong
Office:hanmi realty
MLS#:854103
Source:OneKey MLS
Price summary
- Price:$1,980,000
- Price per sq. ft.:$377.14
About this home
Built in 1985 off King's highway within the Homecrest neighborhood of Brooklyn. Well maintained, sunny four family income producing duplex brick town house facing the eastern sunrise with a total of around 5,250 square feet. Each unit is around 1,312 sq ft with three bedrooms, one & a half bathrooms and their own washer dryer. One year leases with separate meters & utilities except water. Unit A rented for $2,600 per month + utilities. Unit B rented for $2,900 per month + utilities. Unit C rented for $3,050 per month + utilities. Owner's Unit D located on both the second and third floor to be delivered vacant upon closing. Yearly property taxes of $40,243.
Current yearly rental income: $102,600. Current yearly net income: $55k.
Proforma with full occupancy market rents: Potential yearly rental income $148,800.
Potential yearly net income: $98,800 @ 5% cap.
Significant income and value add opportunity as a neighboring nearly identical quadruplex townhome was converted to 8 family units!
(Conservative proforma with 8 total units fully renovated, split and occupied as 4 - two bedroom, one bathroom units of around 800 sq ft and 4 - one bedroom, one bathroom units around 500 sq ft)
Potential yearly income: $200K+
Potential yearly net income: around $140k+ @ 7% cap
Commuter, walker and food lover paradise next to B & Q subways (38 minutes to Manhattan Canal Street financial district!) B2, B7, B31, B49, B68, B82, B100 buses, Target, Marshalls, TJ Maxx, 7-11, family owned groceries and pharmacies, CVS, Sunflower cafe, Forefeathers chicken, Mabat, Bordeaux steakhouse, Argo, Look Deer, Jersey Shore Sushi, Edo, Meshuga, Tokyo, My Grill bar, Rondel, Vesuvius, J&R pizza, Family Uz Restobar, Village cafe, X Factory, Tacos Linos, Best Halal gyro, Affy's grill, Casa Maria's, Blueberry Mexican grill bakery, Gong Cha bubble tea, shopping mall, Harbor fitness, banks, shops, salons, spas, post office, Brooklyn public library and the newly renovated Kelly park playground.
Near world renowned Michelin approved Tanoreen, Neta Shari, Ayat, East Harbor Seafood Palace, Chuan Tian Xia restaurants, 530 acre Marine park, playgrounds, biking greenways, dog friendly areas, wifi spots, soccer, handball, tennis, skating, basketball, baseball, football, bocce, cricket, fitness equipment, hiking, canoeing, kayaking, paddleboating, model aircraft fields, great trees, salt marsh nature trail hosts 325 bird, 50 butterfly, 100 finfish species, unique regional flora, fauna, 18 hole Championship golf course, water views, country club quality greens, fairways, driving range, Aviator sports events center, Floyd Bennett camping field, Gerritson, Kiddie, Manhattan, Plum, Brighton & Coney Island beaches, boardwalk, marinas, fishing, Belt parkway, Verrazzano & Marine parkway bridges, hospitals, police and fire stations. 18 minute non rush hour drive to Manhattan, 20 mins to LaGuardia, 24 mins to JFK and 35 mins to Newark international airports!
Zoning R5B. Please do not disturb tenants.
Contact an agent
Home facts
- Year built:1985
- Listing ID #:854103
- Added:150 day(s) ago
- Updated:September 25, 2025 at 01:28 PM
Rooms and interior
- Bedrooms:12
- Total bathrooms:8
- Full bathrooms:8
- Living area:5,250 sq. ft.
Heating and cooling
- Heating:Hot Water, Natural Gas
Structure and exterior
- Year built:1985
- Building area:5,250 sq. ft.
- Lot area:0.06 Acres
Schools
- High school:James Madison High School
- Middle school:Jhs 234 Arthur W Cunningham
- Elementary school:Ps 197 Kings Highway Academy
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,980,000
- Price per sq. ft.:$377.14
- Tax amount:$40,242 (2025)
New listings near 17-27 E 14th Street
- New$2,188,000Active-- beds 3 baths3,000 sq. ft.
370 Senator Street, Brooklyn, NY 11220
MLS# 496110Listed by: RE/MAX REAL ESTATE PROFESSIONA - New$3,480,000Active5 beds 3 baths2,142 sq. ft.
578 Bergen Street, Brooklyn, NY 11238
MLS# 496113Listed by: MADISONESTATES SOTHEBYS REALTY - New$317,000Active1 beds 1 baths643 sq. ft.
12421 Flatlands Avenue #1F, Brooklyn, NY 11208
MLS# 916676Listed by: KELLER WILLIAMS REALTY GREATER - New$1,795,000Active3 beds 3 baths1,851 sq. ft.
1024 East 26th Street, Brooklyn, NY 11210
MLS# 496103Listed by: IDEAL PROPERTIES REALTY, LLC - New$388,000Active1 beds 2 baths747 sq. ft.
4300 Atlantic Avenue #2, Brooklyn, NY 11224
MLS# 496104Listed by: MOMENTUM REAL ESTATE LLC - New$1,599,000Active6 beds 3 baths2,336 sq. ft.
518 81st Street, Brooklyn, NY 11209
MLS# 496106Listed by: RE/MAX EDGE - Open Sun, 12 to 2pmNew$399,999Active2 beds 1 baths850 sq. ft.
971 Jerome Street #4L, Brooklyn, NY 11207
MLS# 917157Listed by: KELLER WILLIAMS REALTY NYC GRP - New$849,999Active3 beds 2 baths1,428 sq. ft.
7 Adler Place, Brooklyn, NY 11208
MLS# 917205Listed by: POWER MOVE REALTY - Open Sun, 1 to 3pmNew$998,000Active3 beds 3 baths1,800 sq. ft.
2022 East 38th Street, Brooklyn, NY 11234
MLS# 496097Listed by: MADISONESTATES SOTHEBYS REALTY - New$1,498,000Active9 beds 6 baths3,942 sq. ft.
2613 Shore Parkway, Brooklyn, NY 11223
MLS# 496100Listed by: ESSENAR GROUP LLC