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Brighton Beach Studio Co-op
For Sale
$219,000

1151 Brighton Beach Ave 2H, Brooklyn, NY 11235

Studio co-op near Brighton Beach Avenue's amenities and transportation.

Property Size450 SF
Days on Market335

Property Features for 1151 Brighton Beach Ave 2H

General Information

Standard status Active
Size 450 SF
Property subtype Residential

Building Details

Building Size 450 SF
Units 80
Listing Agency: Century 21 Homefront Realty
Listed By: Igor Yakubinskiy
Source: Elliman
Added: Nov 27, 2025 Changed: Oct 25 Last Checked: Oct 26 at 6:33PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Homefront Realty

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Located near the water on the border of Brighton Beach and Manhattan Beach, this studio co-op is situated in a well-maintained building with a live-in superintendent. Subletting is allowed after 2 years of ownership. The property is located moments from Brighton Beach Avenue, which offers restaurants, shops, trains, and buses, with easy access to the Belt Parkway.

Key Highlights

  • Prime location near Brighton Beach and Manhattan Beach, offering a desirable coastal lifestyle.
  • Subletting allowed after 2 years of ownership, appealing to investors.
  • Convenient access to Brighton Beach Avenue's restaurants, shops, trains, and buses.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$13,738
Cap Rate
6.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$274,760 $274.8K
Cap Rate 7%
$196,257 $196.3K
Cap Rate 9%
$152,644 $152.6K
Market Conditions
NOI Build-Up for 450 SF
Gross rent
$25.5K $56.64/SF
− Vacancy
−$510 −$1.13/SF
EGI
$25.0K $55.51/SF
− OpEx
−$11.2K −$24.98/SF
NOI
$13.7K $30.53/SF
Area
Brooklyn, NY
Vacancy
2.00%
Lease Rate
$56.64 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$274,760
Cap Rate 7%
$196,257
Cap Rate 9%
$152,644

Alternative Uses

Best Use
Apartment 5plus
$196.3K
$171.7K – $229.0K (±1% cap)
NOI $13,738 @ 7.0% cap · market cap 6.27%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$372.6K
$326.0K – $434.7K (±1% cap)
NOI $26,082 @ 7.0% cap · market cap 11.91%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Location Intelligence

Trade Area within ½ mile

2,811
Businesses Nearby

Demographics for 11235, NY

88,482
Population
37,188
Households
2.4
Avg Household Size
44
Median Age
50%
College-Educated
90%
High-School Grad
2.5 sq mi
ZIP Area
35,393
Density / Sq Mi
$61,689
Median Household Income
$48,898
Median Earnings
$1,649
Median Rent
$723,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Studio co-op near Brighton Beach Avenue's amenities and transportation.
Where is this apartment building located?
The property is located at 1151 Brighton Beach Ave 2H Brooklyn, NY.
What is the asking price?
The asking price for this property is $219,000.
What are key features of this property?
This property features: Prime location near Brighton Beach and Manhattan Beach, offering a desirable coastal lifestyle.; Subletting allowed after 2 years of ownership, appealing to investors.; Convenient access to Brighton Beach Avenue's restaurants, shops, trains, and buses.
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Includes: Price & PSF · Cap rate · Location · Zoning

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