$7,500,000
Updated 2 months ago
Off Market

Brighton Terrace

2848 Brighton 7th Street

Brighton Beach, Brooklyn | Banner Ave & Neptune Ave

34 Beds18,996 Square FeetIncome Property

$7,500,000
floors / apts10 / 16
Lot Size50'x95'
Built Size44'x60'
ZoneR6
Building TypeMid-Rise
RE Taxes$119,491
Price Per SF
$395

Outdoor space and views

  • Balcony

Building Amenities

  • Voice Intercom
  • Elevator
  • Garage
  • Laundry Room
  • Roof Deck

Property Description for 2848 Brighton 7th Street

Great rental investment - huge cash flow - Possible condo conversion. The whole building is for sale. Currently 100% rented with 16 luxury apartments + Community facility + 9 Parking spots. Few minutes from the famous Brighton beach, the subway and other public transportation. The building is elevated, and elevator has private entrance to each apartment and opens directly to individual apartments. Additional upgrades include Video intercom, Anderson windows, Designer kitchens, 9 ft. Ceilings, Balcony and/or terrace, Granite counters, Tiled bathrooms, Hot tubs, Hardwood floors, Average apartment is approximately 980sf plus 80sf balcony/terrace. 16 Luxury apartments include 14 two-bedroom apartments plus 2 duplex penthouses w/3 bedrooms and outdoor balcony access. Call additional information.

Listing History for 2848 Brighton 7th Street

Now
07/01/2026
POM by Aaron Ivatorov
eXp Realty BKNY
2026

Building Details for 2848 Brighton 7th Street

OwnershipIncome Property
Building TypeMid-Rise
Service LevelVoice Intercom
AgePost-War
AccessElevator
Year Built2007
Financing Allowed90%
Floors/Apts10/16
Learn More About the Building

Transit and Citi Bike

Subway

Brighton Beach
0.33 miles

Contact Agent

Contact Agent

Licensed As
Aaron Ivatorov
Associate Broker
License#:
10301220119
Company:
eXp Realty BKNY
Aaron Ivatorov
eXp Realty BKNY

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: 51673TH