$1,388,800
Updated 6 years ago
Off Market

35 Brighton 1st Walk

Brighton Beach, Brooklyn | Brighton 1st Street & Brighton 2nd Street

17 Rooms9 Beds5 Baths3,060 Square FeetIncome Property

$1,388,800
floors / apts2 / 7
Lot Size40'x45'
Built Size30'x34'
ZoneR6
Building TypeHouse
RE Taxes$5,226
Price Per SF
$454

Building Amenities

  • Second Entry

Property Description for 35 Brighton 1st Walk

PERFECT INVESTMENT OPPORTUNITY FOR SEASONED INVESTORS LOOKING FOR 7 RESIDENTIAL INCOME IN BRIGHTON BEACH. This FULLY RENOVATE and FULLY OCCUPIED detach property 40 X 45 with over 3,000 sqft has a Legal Certificate Occupancy for a 2 Family and 5 rooms (see C/O photo). There is a total of 7 residential units which translates to legalized 7 rental incomes. The first floor has the 2 residential family, 1 family is a 3 bedroom with 1.5bath and the other 1 family is 1 bedroom with 1 bath. Second floor has 2 room studios with kitchenette and private bath and 3 rooms with shared bath in common area (see photo). There is also a full attic. The semi-finish full basement can be access from hallway or from the rear. Surveillance system is set up and can be access by your phone app so you can keep a close eye on your investment no matter where you are. Gross income is $91,200 and Net Income is $80,700. Convenient to Q line by Ocean Pkwy, Banks, Pharmacy, Restaurants, Boardwalk, Playground, Public Schools, and Beach.

Building Details for 35 Brighton 1st Walk

OwnershipIncome Property
Building TypeHouse
AgePre-War
AccessWalk-up
Year Built1910
Floors/Apts2/7
Learn More About the Building

Transit and Citi Bike

Subway

Ocean Pkwy
0.17 miles
Brighton Beach
0.23 miles

Contact Agent

Contact Agent

Hui-Bing Katie Wu
Keller Williams Realty Empire

Brighton Beach | Brooklyn

Quick Profile

Once known by the nickname “Little Odessa,” due to the large number of Russians and eastern Europeans that settled in the area, Brighton Beach is a delightful seaside town that has a lot to offer its residents. Take a walk through Brighton Beach and find a plethora of traditional ethnic restaurants offering Russian cuisine, as well as food markets where you can find the specialized ingredients to prepare these dishes in your own kitchen.

Brighton Beach provides a much calmer beach and boardwalk experience than nearby Coney Island, and you will find more locals than tourists at the locally owned markets, shops, attractions, and even at the ritzy nightclubs. The area was originally developed as a refuge for the wealthy, so they could flee the heat of the NYC streets. There were luxury hotels and even a racetrack at one time.

Now the area is filled with large apartment buildings, many offering ocean or boardwalk views. The area was immortalized by Neil Simon in his play, Brighton Beach Memoirs. If you walk through the neighborhood, you might get the feeling that you have been transported back to the New York of the 1930s, as the appearance of the neighborhood hasn’t changed all that much in the intervening years.

Living at or near the beach, which is free to the public, offers many opportunities for both relaxation and entertainment. City dwellers are rediscovering this little oceanside gem and are moving into the area in search of affordable housing and a more laid back pace of living. Although it might seem very far from the chaos and noise of Manhattan, there are two subways that make for an easy commute, so it is possible to work in the City and live at the beach.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 77672TH