For sale

Price cut: $150K (7/8)

$1,750,000

277 Neptune Ave, Brooklyn, NY 11235

--beds

0baths

4,560sqft

Mixed Use

Built in 1930

2,000 Square Feet Lot

$1,673,300 Zestimate^®

$384/sqft

$-- HOA

What's special

Five well-maintained residential unitsExcellent visibility

*More Photo Coming Soon* Prime mixed-use investment opportunity in the heart of Brighton Beach! This well-positioned property features 1 commercial space plus 5 residential units, offering strong and stable income potential. The commercial unit is currently operating as a restaurant, benefiting from excellent visibility and consistent foot traffic. Above, the building includes five well-maintained residential units, each offering 2 bedroom and 1 full bathroom. Situated in a high-traffic area surrounded by shopping, dining, supermarkets, and convenient transportation options, this property is perfectly located for both residential and commercial success. A rare opportunity for investors seeking a solid, income-producing asset in one of Brooklyn’s most vibrant and sought-after neighborhoods!

151 days
118
1

Facts & features

Interior

Bedrooms & bathrooms

Bathrooms: 0

Heating

Natural Gas, Steam/Radiator

Appliances

Included: Gas Water Heater

Features

Flooring: Hardwood
Basement: Finished,Full

Interior area

Total structure area: 4,560
Total interior livable area: 4,560 sqft

Property

Parking

Parking features: None

Features

Stories: 3

Lot

Size: 2,000 Square Feet
Dimensions: 20x100
Features: Back Yard

Details

Foundation area: 1520
Parcel number: 072620006
Zoning: R6
Special conditions: Arm's Length

Construction

Type & style

Home type: SingleFamily
Property subtype: Mixed Use
Attached to another structure: Yes

Materials

Brick
Foundation: Concrete Perimeter
Roof: Flat

Condition

Year built: 1930

Utilities & green energy

Electric: 110 V, Circuit Breakers

Community & HOA

Community

Subdivision: Brooklyn

Location

Region: Brooklyn

Financial & listing details

Price per square foot: $384/sqft
Tax assessed value: $693,000
Annual tax amount: $14,814
Date on market: 4/2/2026
Cumulative days on market: 151 days

Estimated market value

$1,673,300

$1.59M - $1.76M

$3,466/mo

Price history

Date	Event	Price
7/8/2026	Price change	$1,750,000-7.9%$384/sqft
Source: BNYMLS #500184 Report a problem
4/2/2026	Listed for sale	$1,900,000+46.2%$417/sqft
Source: BNYMLS #500184 Report a problem
7/30/2018	Sold	$1,300,000+35.4%$285/sqft
Source: Public Record Report a problem
6/25/2014	Listing removed	$1,150
Source: Rapid Realty GRVSND INC Report a problem
3/22/2014	Listed for rent	$1,150
Source: Rapid Realty GRVSND INC Report a problem
1/2/2013	Listing removed	$960,000$211/sqft
Source: Golden Tower Realty #2432712 Report a problem
5/6/2012	Listed for sale	$960,000+12.9%$211/sqft
Source: Golden Tower Realty #2432712 Report a problem
4/11/2007	Sold	$850,000$186/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$14,814 +2.7%	$311,850 +20%
2024	$14,418	$259,920 -20%
2023	--	$324,900 -1.4%
2022	--	$329,400 +8.4%
2021	--	$303,750 -9.6%
2020	$11,238 +1.6%	$336,150
2019	$11,065	$336,150 +309.2%
2018	--	$82,147 +8%
2017	$9,675 +6.6%	$76,068 +7.9%
2016	$9,079	$70,469
2015	$9,079 +54%	$70,469 +3.3%
2014	$5,895	$68,242