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.
Listed by Shai Bernstein
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Douglas Elliman Real Estate
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(718) 708-3350
Listed by Sahar Ziv
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Douglas Elliman Real Estate
Last updated November 18, 2025
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Source: REBNY #RLS20060197
Listing Facts
TypeSingle-family
NeighborhoodEast Williamsburg
Bedrooms4
Bathrooms2.5
Days on Prevu2
Taxes$4,500/year
Amenities
Private Outdoor Space
Location
Mortgage Calculator
Listing History
11/17/2025
Listed by Douglas Elliman Real Estate
$2,250,000
Estimated Closing Costs
Total
$82,400
Attorney Fees
$4,000
NYC Mansion Tax
$28,125
Title Insurance
$10,125
Bank Attorney
$1,500
Mortgage Recording Tax
$34,650
Other Closing Costs
$4,000
Estimated closing costs are based on the list price of $2,250,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.