Updated 2 years ago
Off Market
243 Brighton Beach Ave
Brighton Beach, Brooklyn | Brighton 4th Street & Brighton 3rd Street
10 Rooms4 Beds3 Baths3,090 Square FeetMixed Use
$2,500,000
floors / apts2 / 2
Building TypeLow-Rise
RE Taxes$32,698
Price Per SF
$809
Building Amenities
- Voice Intercom
Property Description for 243 Brighton Beach Ave
Welcome to 243 Brighton Beach Avenue, a prime real estate opportunity in the heart of Brooklyn, New York. This two-story property boasts a versatile layout with two residential units and a retail space, presenting a unique investment prospect in a vibrant neighborhood.
Key Features:
Location: Situated on Brighton Beach Avenue, this property enjoys a coveted location in Brooklyn, known for its cultural diversity and dynamic atmosphere.
Structure: The building spans two stories, offering a total of 3090 square feet of well-designed space. With a 20 ft x 100 ft lot size, the property provides ample room for various purposes.
Units: The property features two units, providing comfortable living spaces for potential tenants currently converted to Office
Retail Space: The ground floor is dedicated to a prime retail space, presenting an excellent opportunity for a business owner or investor looking to capitalize on the bustling commercial activity in the area.
Financials: With a net operating income (NOI) of $141,000, this property demonstrates strong income potential. The current asking price is $2.5 million, making it a compelling investment opportunity with a favorable return on investment.This property is not only a smart investment but also an ideal addition to any real estate portfolio. Take advantage of the strategic location, the mixed use Space and the promising financials that make 243 Brighton Beach Avenue a standout opportunity in Brooklyn's real estate landscape.Don't miss the chance to own a piece of this thriving community. Schedule a viewing today and explore the potential of this dynamic property.
Key Features:
Location: Situated on Brighton Beach Avenue, this property enjoys a coveted location in Brooklyn, known for its cultural diversity and dynamic atmosphere.
Structure: The building spans two stories, offering a total of 3090 square feet of well-designed space. With a 20 ft x 100 ft lot size, the property provides ample room for various purposes.
Units: The property features two units, providing comfortable living spaces for potential tenants currently converted to Office
Retail Space: The ground floor is dedicated to a prime retail space, presenting an excellent opportunity for a business owner or investor looking to capitalize on the bustling commercial activity in the area.
Financials: With a net operating income (NOI) of $141,000, this property demonstrates strong income potential. The current asking price is $2.5 million, making it a compelling investment opportunity with a favorable return on investment.This property is not only a smart investment but also an ideal addition to any real estate portfolio. Take advantage of the strategic location, the mixed use Space and the promising financials that make 243 Brighton Beach Avenue a standout opportunity in Brooklyn's real estate landscape.Don't miss the chance to own a piece of this thriving community. Schedule a viewing today and explore the potential of this dynamic property.
Listing History for 243 Brighton Beach Ave
Now
04/24/2024
Expired by Neal Klotsman
Douglas Elliman
01/31/2024
$2,500,000
Initial Price by Neal Klotsman
Douglas Elliman
Building Details for 243 Brighton Beach Ave
OwnershipMixed Use
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1929
Floors/Apts2/2
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: 94119TH
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