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    291 Neptune Ave Brooklyn, NY 11235

    For Sale
    $1,995,000

    Mixed Use - Brooklyn, NY

    Type:Mixed Use
    Property size:
    4,560 SF
    Lot size:
    0.05 Acres
    Days on Market:
    132
    Last Refresh:
    Dec 15 at 1:06 am

    Property Features for 291 Neptune Ave

    General Information

    Property type
    Other
    Property subtype
    Mixed Use
    Standard status
    Active
    Zoning
    R6
    Size
    4,560 SF
    Lot size
    0.05 Acres

    Utilities

    Heating system
    Baseboard, Natural Gas

    Building Details

    Year built
    1930
    Floors in Building
    3
    Flooring type
    Hardwood, Laminate, Tile
    Building materials
    Brick
    Roof type
    Flat
    Architectural style
    Other

    RE/MAX Real Estate Professiona (718) 532-2000

    Listing agent Yeugene (Gina) Atayan (718) 532-2000

    Listing date Aug 6, 2025

    MLS# 494777 Listing URL

    Copyright © 2025 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Brooklyn Mixed-Use Investment Opportunity

    Located in Brighton Beach, Brooklyn, this mixed-use building presents an investment opportunity. The solid brick building contains five residential apartments and one commercial store on the ground floor, currently operating as a pharmacy. The property is situated in close proximity to shopping, dining, and transportation options. The building is zoned R6. The lot size is approximately 0.045 acres, and the property size is 4,560 square feet. The building offers income potential and room for growth.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Saab Pharmacy Pharmacy Western Union Money Transfer Service

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.964044
    Latitude
    40.581329

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    FAQs

    What type of property is this?
    Mixed-use property - Five apartments and a commercial pharmacy in Brighton Beach.
    Where is this mixed-use property located?
    The property is located at 291 Neptune Ave Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $1,995,000.
    What are key features of this property?
    This property features: - Prime investment opportunity in Brighton Beach, Brooklyn.; - Solid brick 5-family mixed-use building featuring 5 residential apartments and 1 commercial store.; - Substantial income potential with room for rent roll growth.
    (718) 532-2000
    Request Owner's contact information
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    Brooklyn, NY 11235
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    291 Neptune Ave Brooklyn, NY 11235
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