Sponsor sale, no board approval. Presenting a rare five-unit assemblage opportunity in the heart of Brighton Beach, consisting of five one-bedroom, one-bath 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… Read More 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 financials are available upon request. 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. Each unit is being offered significantly below estimated market value, presenting a unique opportunity for investors seeking future upside through both rental income and long-term appreciation potential. Access to the units will only be granted upon an accepted offer. Perfectly positioned near Brighton Beach Avenue, transportation, shopping, dining, and the B/Q subway lines, this is a rare opportunity to acquire scale and long-term value in one of Brooklyn's most established waterfront communities. Read Less
Listing Courtesy of: Jason Abrishami, Douglas Elliman Real Estate, 212-891-7000.
Listing Snapshot
Days Online
33
Last Updated
Property Type
Apartment
Beds
1
Full Baths
1
Year Built
1963
MLS Number
RLS20092051
Additional Details
Building
Entry Level: 1, Features: BikeStorage, IndoorPool, Living Area Units: SquareFeet, Name: BRIGHTON TOWERS, Rooms Total: 4, Structure Type: HighRise
Exterior Features
Patio And Porch Features: None
Property
Property Sub Type: Apartment
Taxes
Tax Block: 08680, Tax Lot: 0001
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