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3022 BRIGHTON 8TH St Brooklyn, NY 11235

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For Sale
$1,899,000

Multifamily property in Brighton Beach with strong income potential.

Type:Multi Family
Lot size:
0.03 Acres
Added:
Mar 24, 2026
Days on Market:
10
Last Refresh:
Mar 10 at 9:25 am

Property Features for 3022 BRIGHTON 8TH St

General Information

Standard status
Active
Lot size
0.03 Acres
Property subtype
Multi Family

Building Details

Year Built
1932

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Listing Contact
Robert J. Burnett

Listing agent Robert J. Burnett

Listing office

Listing date Mar 24, 2026

Source Elliman

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 Robert J. Burnett


Overview

Brighton Beach Multifamily Investment Property

Located in Brooklyn's Brighton Beach neighborhood, this well-maintained building features a mix of unit types, including 8 Single Room Occupancy (SRO) units, 2 private rooms, 1 studio, and 1 two-bedroom apartment. The property generates a total monthly rent of $21,122, resulting in a gross yearly rent roll of $253,464 and a net income of $200,200. Annual expenses total $50,100, including $8,500 for heat, $4,800 for electric, $4,800 for water/sewer, $10,000 for insurance, $15,000 for taxes, and $7,000 for repairs. The building has 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%, the property offers a steady cash flow. The property is located near local amenities, transportation, and the Brighton Beach community.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

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

Location Insight

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City
Brooklyn
County
Kings
State
New York
Longitude
-73.96069
Latitude
40.579346

FAQs

What type of property is this?
Apartment building - Multifamily property in Brighton Beach with strong income potential.
Where is this apartment building located?
The property is located at 3022 BRIGHTON 8TH St Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,899,000.
What are key features of this property?
This property features: High Cap Rate: 9.1% offers strong investment potential.; Significant Rental Income: Generates $21,122 monthly and $253,464 gross yearly rent.; Net Operating Income: $200,200 annually after expenses.
More about this property
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