


Listing Courtesy of: REBNY / Listed By: Douglas Elliman Real Estate
17-19 Thames Street Brooklyn, NY 11206
Active (5 Days)
$5,500,000 (USD)
Description
MLS #:
RLS20098665
RLS20098665
Taxes
$61,056
$61,056
Lot Size
8000 acres
8000 acres
Type
Single-Family Home
Single-Family Home
County
Kings County
Kings County
Community
East Williamsburg
East Williamsburg
Listed By
Shai Bernstein, Douglas Elliman Real Estate
Source
REBNY
Last checked Jun 24 2026 at 12:12 AM EDT
REBNY
Last checked Jun 24 2026 at 12:12 AM EDT
Bathroom Details
- Full Bathrooms: 10
- Half Bathroom: 1
Interior Features
- Laundry: In Unit
- Smoke Free
Subdivision
- East Williamsburg
Heating and Cooling
- Other
Basement Information
- Other
Stories
- 1
Location
Estimated Monthly Mortgage Payment
*Based on Fixed Interest Rate withe a 30 year term, principal and interest only
Listing price
Down payment
%
Interest rate
%Mortgage calculator estimates are provided by C21 Awaye Realty and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Copyright 2026 Real Estate Board of New York (REBNY). All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 6/23/26 17:12
Presenting 17-19 Thames Street, a substantial mixed-use investment opportunity in East Williamsburg, Brooklyn. Comprising two adjacent buildings totaling approximately 13,150 square feet on an expansive 80-by-100-foot lot, the property features a combined 10 residential units and one ground-floor commercial space.
The asset generates approximately $410,000 in total annual income, providing investors with immediate, diversified cash flow across its residential and retail components. Formerly an Interim Multiple Dwelling (IMD), the property has completed its conversion and now benefits from a new Certificate of Occupancy, ensuring clarity and regulatory stability for future ownership.
In addition to the existing improvements, the property includes approximately 3,000 square feet of additional air rights. This creates potential long-term value and expansion opportunities, subject to all applicable approvals.
Ideally positioned near the Morgan Avenue L train, 17-19 Thames Street sits within one of Brooklyn's most active residential, commercial, and creative corridors. The surrounding East Williamsburg and Bushwick neighborhoods offer a dynamic mix of restaurants, cafés, nightlife, galleries, studios, and established businesses, driving continued demand from both residential and commercial tenants.
With strong in-place income, a new Certificate of Occupancy, significant lot frontage, additional development rights, and substantial existing building area, 17-19 Thames Street represents a rare opportunity to acquire a premier mixed-use asset in a highly sought-after Brooklyn location.