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$899,000
Est. payment /mo
6 Beds
3 Baths
2,368 SqFt
UPDATED:
Key Details
Property Type Multi Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,368 sqft
Price per Sqft $379
MLS Listing ID 500620
Bedrooms 6
Full Baths 3
Year Built 1925
Annual Tax Amount $5,453
Property Sub-Type Multi-Family
Property Description
Prime Brighton Beach 3 Family Investment Opportunity
3024 Brighton 6th Street is a well-maintained semi-detached 3 family property located just off Brighton Beach Avenue. This property presents a compelling opportunity for investors seeking strong in-place income with added flexibility.
The building offers approximately 2,300+ sq ft of interior space and features three well-configured 2-bedroom units, a layout that supports consistent tenant demand and stable occupancy. The property is currently fully occupied and in excellent condition, with the potential to deliver a unit vacant if desired.
The property generates approximately $90,000+ in annual gross rental income, with operating expenses of approximately $22,000+ including real estate taxes, resulting in an estimated cap rate exceeding 7.5%, a rare return for the Brighton Beach market at this price point.
Additional features include a finished full basement with access, a shared driveway, and a detached garage. The property sits on an approximately 20 x 100 lot with R6 zoning.
Conveniently located near Brighton Beach Avenue, the property is close to shopping, restaurants, banks, and everyday services. The B and Q subway lines are nearby, providing easy access to Manhattan and throughout Brooklyn.
3024 Brighton 6th Street is a well-maintained semi-detached 3 family property located just off Brighton Beach Avenue. This property presents a compelling opportunity for investors seeking strong in-place income with added flexibility.
The building offers approximately 2,300+ sq ft of interior space and features three well-configured 2-bedroom units, a layout that supports consistent tenant demand and stable occupancy. The property is currently fully occupied and in excellent condition, with the potential to deliver a unit vacant if desired.
The property generates approximately $90,000+ in annual gross rental income, with operating expenses of approximately $22,000+ including real estate taxes, resulting in an estimated cap rate exceeding 7.5%, a rare return for the Brighton Beach market at this price point.
Additional features include a finished full basement with access, a shared driveway, and a detached garage. The property sits on an approximately 20 x 100 lot with R6 zoning.
Conveniently located near Brighton Beach Avenue, the property is close to shopping, restaurants, banks, and everyday services. The B and Q subway lines are nearby, providing easy access to Manhattan and throughout Brooklyn.
Location
State NY
County Kings (brooklyn)
Area Brighton Beach
Zoning R6
Rooms
Basement Finished, Full, Walk-in
Interior
Hot Water Gas
Heating Gas
Flooring Hardwood, Tile, Other
Heat Source Gas
Exterior
Exterior Feature Brick, Other
Amenities Available NONE
Roof Type Pitched,Other
Handicap Access Unknown
Building
Story 2
Foundation Poured Concrete, Other
Others
Energy Description Gas
Financing Bank Mortgage,Cash
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Listed by Tiger Realty
NEARBY SCHOOL & BUSINESS
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Randy Reis
Team Leader | License ID: 40RE1176716
Team Leader License ID: 40RE1176716