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  2. 3022 Brighton 8th Street
  • 3022 Brighton 8th Street
  • $ 2,199,000
3022 Brighton 8th Street Brighton Beach Brooklyn NY 11235
3022 Brighton 8th Street Brighton Beach Brooklyn NY 11235
3022 Brighton 8th Street Brighton Beach Brooklyn NY 11235
3022 Brighton 8th Street Brighton Beach Brooklyn NY 11235
3022 Brighton 8th Street Brighton Beach Brooklyn NY 11235
3022 Brighton 8th Street Brighton Beach Brooklyn NY 11235
3022 Brighton 8th Street Brighton Beach Brooklyn NY 11235
3022 Brighton 8th Street Brighton Beach Brooklyn NY 11235
3022 Brighton 8th Street Brighton Beach Brooklyn NY 11235
3022 Brighton 8th Street Brighton Beach Brooklyn NY 11235
3022 Brighton 8th Street Brighton Beach Brooklyn NY 11235
3022 Brighton 8th Street Brighton Beach Brooklyn NY 11235
3022 Brighton 8th Street Brighton Beach Brooklyn NY 11235
3022 Brighton 8th Street Brighton Beach Brooklyn NY 11235

3022 Brighton 8th Street

Brighton Beach   |   Ocean View Avenue & Brighton 7th Street

Building For Sale
$ 2,199,000
Ownership Multi-Family
Lot Size 25'x60'
Status Active
Real Estate Taxes [Per Annum] $ 15,000
Building Size 21'x47'
Year Built 1932
ASF/ASM 2,961/275
 

Photos

3022 Brighton 8th Street Brighton Beach Brooklyn NY 11235
3022 Brighton 8th Street Brighton Beach Brooklyn NY 11235
3022 Brighton 8th Street Brighton Beach Brooklyn NY 11235
3022 Brighton 8th Street Brighton Beach Brooklyn NY 11235
3022 Brighton 8th Street Brighton Beach Brooklyn NY 11235
3022 Brighton 8th Street Brighton Beach Brooklyn NY 11235
3022 Brighton 8th Street Brighton Beach Brooklyn NY 11235
3022 Brighton 8th Street Brighton Beach Brooklyn NY 11235
3022 Brighton 8th Street Brighton Beach Brooklyn NY 11235
3022 Brighton 8th Street Brighton Beach Brooklyn NY 11235
3022 Brighton 8th Street Brighton Beach Brooklyn NY 11235
3022 Brighton 8th Street Brighton Beach Brooklyn NY 11235

Maria Castellano

License Licensed As: Maria Castellano

Licensed Real Estate Broker/Owner


W: 718-236-1800
M: 917-318-1775
3022 Brighton 8th Street Brighton Beach Brooklyn NY 11235

Property Description

This well-maintained building in the vibrant Brighton Beach neighborhood of Brooklyn offers a variety of unit types, providing a steady rental income stream. The property includes 8 Single Room Occupancy (SRO) units, 2 private rooms, 1 studio, and 1 two-bedroom apartment. The units generate a total monthly rent of $21,122 and a gross yearly rent roll of $253,464, with a net income of $200,200. Expenses include heat ($8,500), electric ($4,800), water/sewer ($4,800), insurance ($10,000), taxes ($15,000), and repairs ($7,000), for total annual expenses of $50,100. The building features a new roof with solar panels, new plumbing, updated electrical systems and tile throughout. The water heater and boiler are 3 years old. With a cap rate of 9.1%, this property offers a steady cash flow appealing to investors. It's conveniently located near local amenities, transportation, and the Brighton Beach community.
This well-maintained building in the vibrant Brighton Beach neighborhood of Brooklyn offers a variety of unit types, providing a steady rental income stream. The property includes 8 Single Room Occupancy (SRO) units, 2 private rooms, 1 studio, and 1 two-bedroom apartment. The units generate a total monthly rent of $21,122 and a gross yearly rent roll of $253,464, with a net income of $200,200. Expenses include heat ($8,500), electric ($4,800), water/sewer ($4,800), insurance ($10,000), taxes ($15,000), and repairs ($7,000), for total annual expenses of $50,100. The building features a new roof with solar panels, new plumbing, updated electrical systems and tile throughout. The water heater and boiler are 3 years old. With a cap rate of 9.1%, this property offers a steady cash flow appealing to investors. It's conveniently located near local amenities, transportation, and the Brighton Beach community.

Listing Courtesy of Revived Residential

Maria Castellano

License Licensed As: Maria Castellano

Licensed Real Estate Broker/Owner


W: 718-236-1800
M: 917-318-1775

Care to take a look at this property?

3022 Brighton 8th Street Brighton Beach Brooklyn NY 11235
3022 Brighton 8th Street Brighton Beach Brooklyn NY 11235

Building Details [3022 Brighton 8th Street]

Ownership Multi-Family
Block/Lot 8677/12
Building Size 21'x47'
Zoning R6
Year Built 1932
Floors 2
Lot Size 25'x60'

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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: 495574