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2946 Brighton 4Th St Brooklyn, NY 11235

OFF-MARKET Apartment buildings Google Maps
7,700 SF Built 2008
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This 2008-built, six-unit elevator apartment building in Brooklyn's Brighton Beach neighborhood offers a compelling investment opportunity. The 7,700 square foot building sits on a 3,200 square foot corner lot and features four two-bedroom and two three-bedroom apartments, each with an average size of approximately 970 square feet. Upper-level units boast private outdoor terraces. The ground floor includes a four-car garage. Conveniently located near the Brighton Beach B and Q train station, the property is also within easy walking distance of numerous grocery stores, shops, cafes, and banks, including Brighton Bazaar, Tashkent Supermarket, Net Cost Market, Supermarket Kiev, Starbucks, Dunkin', Illy, Walgreens, Duane Reade, Chase, Citi, Citizens Bank, and Bank of America. The building is a protected tax class property, currently generating healthy cash flow. Furthermore, condo declaration and subdivision are already in place, presenting the potential for near-term renovation and conversion into condominiums. The asking price is $2,550,000.

Property profile

Verified
Property type Apartment buildings
Year built 2008
Total area 7,700 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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