Outdoor swimming poolFlexible den configurationsMultiple closets
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.
85 days
|
250
|
5
|
Zillow last checked:
Listing updated:
Listed by:
Douglas Elliman347-381-4168,
Jason Abrishami,
Jerry Minsky
Source: StreetEasy,MLS#: S1829002
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 1
Bathrooms: 1
Full bathrooms: 1
Rooms
Room types: Bike Room
Appliances
Laundry: Inside
Features
Has fireplace: No
Property
Parking
Parking features: Garage
Has garage: Yes
Features
Patio & porch: Other, Terrace
Exterior features: Courtyard, Terrace
Pool features: Swimming Pool
Details
Parcel number: 0868000011A02
Special conditions: Resale
Construction
Type & style
Home type: Cooperative
Property subtype: Coop
Condition
Year built: 1963
Community & HOA
Community
Subdivision: Brighton Beach
HOA
Has HOA: Yes
Amenities included: Laundry, Fitness Center, Elevator(s)
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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