Updated 3 days ago

Brighton Towers

40 Brighton 1st Road, 16-L

Brighton Beach, Brooklyn | Boardwalk East & Brighton Beach Ave

4 Rooms2 Beds2 BathsCo-op Sponsor Unit [05/20/2026]

$195,000
Maintenance$774

Building Amenities

  • Part-Time Doorman
  • Alarm System
  • Bike Storage
  • Elevator
  • Fitness Facility
  • Garage
  • Pool
  • Roof Deck
  • Sauna
  • Steam Room

Policies

  • Pets Allowed

Property Description for 40 Brighton 1st Road, 16-L

Sponsor sale with no board approval required. Presenting a rare five-unit assemblage opportunity in the heart of Brighton Beach, consisting of a diverse mix of studio, Junior 4, and two-bedroom residences across 40 Brighton 1st Road and 50 Brighton 1st Road. Offered exclusively as a package deal for $975,000, this investment portfolio includes three units at 40 Brighton 1st Road and two units at 50 Brighton 1st Road. The units cannot be sold individually and will be transferred with all current occupants in place. A pro forma and additional financial information are available upon request.

The assemblage includes two studio apartments, two Junior 4 layouts, and one ocean-facing two-bedroom, two-bathroom residence with a private terrace. Several of the units feature terraces, spacious living areas, multiple closets, and flexible den configurations. All apartments include full bathrooms with tubs. Please note that interior photos are not currently available, and the exact present condition of the units is unknown; however, prospective purchasers should anticipate that updating and renovations may be required accordingly.

Located within highly desirable full-service luxury co-op buildings just moments from the beach and boardwalk, residents enjoy access to amenities including a 24-hour doorman, outdoor swimming pool, sauna/steam room, fitness center, laundry facilities, storage, recreation spaces, and on-site management. Subleasing is permitted after one year of residency, adding long-term flexibility and investment appeal.

Access to the units will only be granted upon an accepted offer so as not to unnecessarily disturb the current occupants. Perfectly positioned near Brighton Beach Avenue, transportation, shopping, dining, and the B/Q subway lines, this represents a rare opportunity to acquire long-term value and scale within one of Brooklyn's most established waterfront communities.


Listing History for 40 Brighton 1st Road, 16-L

Now
05/20/2026
$195,000
Initial Price by Jason Abrishami
Douglas Elliman
Launch

Building Details for 40 Brighton 1st Road

OwnershipCo-op
Building TypeMid-Rise
Service LevelPart-Time Doorman
AgePost-War
AccessElevator
Year Built1963
Floors/Apts16/224
Learn More About the Building

Transit and Citi Bike

Subway

Ocean Pkwy
0.11 miles
Brighton Beach
0.32 miles
W 8 St-NY Aquarium
0.49 miles

Building Availability

APPSF
Median
Average
$598
$195,000
$206,000
Last 12 months
$469
-
-

Two Beds in Brighton Beach

APPSF
Median
Average
$660
$759,000
$727,054
$570
$659,000
$659,000

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: 2180193