404 Brighton Beach Avenue
Brighton Beach | Brighton 4th St & Brighton 5th St
Ownership
Mixed Use
Lot Size
19'x97'
Status
Active
Real Estate Taxes
[Per Annum]
$ 7,888
Building Size
19'x63'
Year Built
1927
ASF/ASM
3,621/336
Property Description
Prime Mixed-Use Building on Brighton Beach Avenue
Outstanding investment opportunity in the heart of Brighton Beach! This mixed-use property is located in a high foot-traffic area directly on Brighton Beach Avenue. The building features one retail store on the ground floor and three residential apartments above. Current rents are below market, with some non-paying tenants—seller is actively addressing the situation. With very low operating expenses and strong rental upside, this property has the potential to generate $200,000 in annual income. A solid value-add opportunity in one of Brooklyn’s busiest commercial corridors.
Prime Mixed-Use Building on Brighton Beach Avenue
Outstanding investment opportunity in the heart of Brighton Beach! This mixed-use property is located in a high foot-traffic area directly on Brighton Beach Avenue. The building features one retail store on the ground floor and three residential apartments above. Current rents are below market, with some non-paying tenants—seller is actively addressing the situation. With very low operating expenses and strong rental upside, this property has the potential to generate $200,000 in annual income. A solid value-add opportunity in one of Brooklyn’s busiest commercial corridors.
Listing Courtesy of RE/MAX Edge
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Apartment Features
Exposed Bricks
Hardwood Floors
Building Details [404 Brighton Beach Avenue]
Ownership
Mixed Use
Block/Lot
8688/68
Building Size
19'x63'
Zoning
R6
Year Built
1927
Floors
3
Lot Size
19'x97'
Mortgage Calculator in [US Dollars]
Maria Castellano
License
Licensed As: Maria Castellano
Licensed Real Estate Broker/Owner
W: 718-236-1800
M: 917-318-1775
BNYMLS All information furnished regarding this or any property listed for sale or rent is gathered from sources deemed reliable. Though we have no reason to doubt the accuracy or validity of this information, we make no warranty or representation as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or withdrawal without notice. It is strongly recommended that the prospective purchaser or tenant shall carefully review each item of size, dimensions, real estate taxes, expenses, legal use and any other information presented herein.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
MLSID: 493575