Brighton Beach Three-Family
15 Brighton 4th Ter Brooklyn, NY 11235
15 Brighton 4th Ter, Brooklyn, NY, 11235
$999,995
For Sale
$999,995
Classic three-family home in Brighton Beach, Brooklyn, built in 1930.
Property Size1,872 SF
Lot Size0.05 Acres
Price / SF$534.19
Days on Market97
Property Features for 15 Brighton 4th Ter
General Information
- Standard status
- Active
- Size
- 1,872 SF
- Lot size
- 0.05 Acres
- Property subtype
- Investment
Building Details
- Year Built
- 1930
Listing Agency
Real Broker NY LLC
(929) 398-0106
Listed by
Camilo Henriquez
(929) 398-0106
Source
Elliman
Added: Apr 11 Checked: Jul 16 at 5:30 am
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 Real Broker NY LLC
Investment Insights
Based on property information with market context.
This classic three-family home, built in 1930, is located in Brighton Beach, Brooklyn. The solid brick and masonry structure provides 1,872 square feet of total living space on a 2,125 square foot lot. The property features three units over two stories, presenting an opportunity for owner-occupants or investors. Each unit is designed to maximize rental income potential in a desirable seaside neighborhood. The location provides access to transit, shopping, dining, and the boardwalk. The property is conveniently located near the B and Q subway lines, local schools, and beachside amenities. The location has a walk score of 96, indicating it is a walker's paradise, a transit score of 84, indicating excellent transit, and a bike score of 63, indicating it is bikeable.
Key Highlights
- Prime Brighton Beach location with excellent walkability (Walk Score 96) and convenient access to transit, shopping, dining, and the boardwalk.
- Three‑unit property offering income potential for investors or owner‑occupants.
- Solid brick/masonry construction built in 1930.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $95.5k | $51.00 |
| − Vacancy | −$1.8k | −$0.97 |
| EGI | $93.7k | $50.03 |
| − OpEx | −$28.1k | −$15.01 |
| NOI | $65.6k | $35.02 |
1,872 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$936.6K
$819.5K – $1.09M
NOI $65,561 @ 7.0% cap · market cap 6.56%
Second Best
Apartment 5plus
$816.4K
$714.4K – $952.5K
NOI $57,150 @ 7.0% cap · market cap 5.72%
Theoretical Best
Specialty Retail
$1.55M
$1.36M – $1.81M
NOI $108,501 @ 7.0% cap · market cap 10.85%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Classic three-family home in Brighton Beach, Brooklyn, built in 1930.
Where is this triplex located?
The property is located at 15 Brighton 4th Ter Brooklyn, NY.
What is the asking price?
The asking price for this property is $999,995.
What are key features of this property?
This property features: Prime Brighton Beach location with excellent walkability (Walk Score 96) and convenient access to transit, shopping, dining, and the boardwalk.; Three‑unit property offering income potential for investors or owner‑occupants.; Solid brick/masonry construction built in 1930.
