Listing courtesy of Douglas Elliman Real Estate
40 Brighton 1st Road, #1A, Brooklyn, (Brighton Beach), NY, 11235
4 rooms
1 beds
1 Full baths
1963
Sponsor sale, no board approval. Presenting a rare five-unit assemblage opportunity in the heart of Brighton Beach, consisting of five one-bedroom, one-bath residences across 40 Brighton 1st Road and 50 Brighton 1st Road. Offered exclusively as a package deal for $975,000, this investment portfolio includes three units at 40 Brighton 1st Road and two units at 50 Brighton 1st Road. The units cannot be sold individually and will be transferred with all current occupants in place. A pro forma and additional financials are available upon request.
Located within highly desirable full-service luxury co-op buildings just moments from the beach and boardwalk, residents enjoy access to amenities including a 24-hour doorman, outdoor swimming pool, sauna/steam room, fitness center, laundry facilities, storage, recreation spaces, and on-site management. Subleasing is permitted after one year of residency, adding long-term flexibility and investment appeal.
Each unit is being offered significantly below estimated market value, presenting a unique opportunity for investors seeking future upside through both rental income and long-term appreciation potential. Access to the units will only be granted upon an accepted offer. Perfectly positioned near Brighton Beach Avenue, transportation, shopping, dining, and the B/Q subway lines, this is a rare opportunity to acquire scale and long-term value in one of Brooklyn's most established waterfront communities.
Status:
Active
Town:
Brooklyn
Type:
Coop
Laundry Remarks:
Other
Complex:
Brighton Towers
Building Type:
Mid-Rise
Garage:
Yes
Cooling:
Central
Levels:
16
Maintenance:
1175.0000
Amenities:
Alarm System; Bike Room; Garage; Fitness Room; Pool; Sauna; Steam Room; Roof Deck;
Pet Policy:
No Pets
Washer/Dryer Allowed:
Yes
Building Access:
Elevator
Service Level:
Part Time Doorman
OLR #:
RLS20092051
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