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Off market
  • $1,666,100

    265 Neptune Ave, Brooklyn, NY 11235

    5beds
    4,000sqft
    Townhouse
    Built in 1930
    2,000 Square Feet Lot
    $1,666,100 Zestimate®
    $417/sqft
    $5,383 Estimated rent

    Home value

    $1,666,100

    $1.42M - $1.97M

    $5,383/mo

    Zestimate® history
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    Owner options

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    $5,383/mo

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    $5,383/mo

    Rent Zestimate®

    Refinance and save

    $9,935/mo

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    $9,935/mo

    Est. payment

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    What's special

    Outstanding, 5-family mixed-use investment opportunity, just hitting the market in Brighton Beach! Rarely do we see such amazing, solid-brick, 3-story mixed-use investment properties, with the potential for impressive returns both presently and for years to come, reaching the market at such a desirable price. This beautiful brick building sits on a 20 by 100 square foot lot; the entire building has over 4,000 square feet along with the fully-finished basement that also has a full bathroom; the entire building measures 20 by 76 square feet in all; it even has its highly-visible side-wall, which is a popular space for advertising billboards, an additional stream of passive-income! In a word, it's extraordinary! The 1st floor is the busy storefront, fully-exposed in the high traffic location of Neptune Avenue, this is a popular trendy spot, and the perfect caf? location, complete with outdoor seating in a high traffic area, and it comes with a single-room apartment in back! Next level up are 2 units, each 1-bedroom, 1-bathroom units, each of them are so spacious, they could literally be converted into 2-bedroom units, and the 3rd and top-floor basically mirrors the second, with 2 more, huge 1-bedroom, 1-bathroom apartments; the majority of these units are newly renovated! Imagine acquiring an income producing 5-family mixed-use apartment building, right in this highly coveted area of Brighton Beach for under $1.6 million! Imagine no more, and make the call! Just a short walk to the Ocean Parkway stop along the Q and B line, and just seconds from the World-Famous Coney Island Beach and Boardwalk, home to the original Nathan's Hot Dogs and the NY Aquarium. Perfect investment property in a premier location! Make the call today!

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 5
    • Full bathrooms: 5
    Appliances
    • Included: Dishwasher
    Features
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 4,000 sqft

    Property

    Lot
    • Size: 2,000 sqft
    Details
    • Parcel number: 072620001

    Construction

    Type & style
    • Home type: Townhouse
    Condition
    • Year built: 1930

    Community & neighborhood

    Location
    • Region: Brooklyn

    Price history

    DateEventPrice
    5/24/2021Sold$1,300,000-13.3%$325/sqft
    Source: Public Record Report a problem
    2/27/2021Pending sale$1,499,000$375/sqft
    Source: Douglas Elliman #4345932 Report a problem
    1/11/2021Listing removed--
    Source: Douglas Elliman Report a problem
    11/12/2020Price change$1,499,000-6.3%$375/sqft
    Source: Douglas Elliman #4345932 Report a problem
    7/20/2020Listed for sale$1,599,000$400/sqft
    Source: Douglas Elliman #4345932 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$14,307 +2.8%$302,850 +20%
    2024$13,916 $252,360 -20%
    2023-- $315,450 -1.4%
    2022-- $319,950 +8.4%
    2021-- $295,200 -8.8%
    2020$10,853 +1.6%$323,550 -0.8%
    2019$10,680 $326,250 +311.4%
    2018-- $79,298 +7.9%
    2017$9,343 +6.6%$73,460 +7.9%
    2016$8,768 $68,056
    2015$8,768 +54%$68,056 +3.3%
    2014$5,693 $65,865

    Find assessor info on the county website

    Neighborhood: Brighton Beach

    Nearby schools

    GreatSchools rating