Five-Unit Multifamily
For Sale
$195,000
40 BRIGHTON 1ST Road 16L, Brooklyn, NY 11235
Occupied apartment portfolio combining varied layouts, resident amenities, and flexible long-term use potential.
Property SizeContact for details
Days on Market89
Property Features for 40 BRIGHTON 1ST Road 16L
General Information
Standard status
Active
Property subtype
Apartment
Units
Unit Mix
2 x studio, 2 x Junior 4, 1 x 2BR/2BA
Multifamily Units
5
Additional Details
Asking Price
$975,000
Public Transit
Yes
Amenities
24-hour doorman
outdoor swimming pool
sauna/steam room
fitness center
laundry facilities
storage
recreation spaces
on-site management
Building Details
Year Built
1963
Buildings
2
Listing Agency:
Douglas Elliman Real Estate
(516) 238-3520
Listed By:
Jason Abrishami · License #10301216796
(516) 238-3520
Source:
Carlinwright
Added: May 18
Changed: Aug 9
Last Checked: Aug 13 at 11:55AM
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 Douglas Elliman Real Estate
Investment Insights
Based on property information with market context.
This multifamily offering combines five occupied apartments across 40 Brighton 1st Road and 50 Brighton 1st Road. The mix includes two studios, two Junior 4 layouts, and a two-bedroom, two-bathroom residence with an ocean-facing orientation and private terrace. Additional apartment features include terraces, generous living areas, multiple closets, den configurations, and full bathrooms with tubs. The buildings were constructed in 1963, and the current interior condition has not been established; purchasers should account for the possibility of updates or renovation work.
Residents have access to full-service building amenities including a 24-hour doorman, outdoor pool, sauna and steam room, fitness center, laundry facilities, storage, recreation areas, and on-site management. The apartments are being transferred with current occupants in place, and access is available after an offer is accepted. Subleasing is permitted after one year of residency. The property is near Brighton Beach Avenue, the beach and boardwalk, shopping, dining, and the B/Q subway lines.
Residents have access to full-service building amenities including a 24-hour doorman, outdoor pool, sauna and steam room, fitness center, laundry facilities, storage, recreation areas, and on-site management. The apartments are being transferred with current occupants in place, and access is available after an offer is accepted. Subleasing is permitted after one year of residency. The property is near Brighton Beach Avenue, the beach and boardwalk, shopping, dining, and the B/Q subway lines.
Key Highlights
- Five apartments offered together across 40 Brighton 1st Road and 50 Brighton 1st Road
- Unit mix includes two studios, two Junior 4 layouts, and one two‑bedroom, two‑bathroom residence
- Ocean‑facing apartment includes a private terrace
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
Location Intelligence
Trade Area within ½ mile
3,692
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Multifamily property - Occupied apartment portfolio combining varied layouts, resident amenities, and flexible long-term use potential.
Where is this multifamily property located?
The property is located at 40 BRIGHTON 1ST Road 16L Brooklyn, NY.
What is the asking price?
The asking price for this property is $195,000.
What are key features of this property?
This property features: Five apartments offered together across 40 Brighton 1st Road and 50 Brighton 1st Road; Unit mix includes two studios, two Junior 4 layouts, and one two‑bedroom, two‑bathroom residence; Ocean‑facing apartment includes a private terrace
