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.
Active
$195,000
40 Brighton 1st Rd APT 1A, Brooklyn, NY 11235
1beds
--sqft
Coop
Built in 1963
-- sqft lot
$-- Zestimate®
$--/sqft
$1,175/mo HOA
What's special
Outdoor swimming poolFlexible den configurationsMultiple closets
- 39 days |
- 251 |
- 6 |
Zillow last checked:
Listing updated:
Listed by:
Douglas Elliman 347-381-4168,
Jason Abrishami,
Jerry Minsky
Source: StreetEasy,MLS#: S1829002
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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)
- Services included: Maintenance
- HOA fee: $1,175 monthly
Location
- Region: Brooklyn
Financial & listing details
- Tax assessed value: $32,426,000
- Annual tax amount: $1,341,675
- Date on market: 5/18/2026
Estimated market value
Not available
Estimated sales range
Not available
$4,468/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/18/2026 | Listed for sale | $195,000 |
Source: StreetEasy #S1829002 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2019 | $1,341,675 -15% | $14,591,700 +5% |
| 2018 | $1,578,658 | $13,892,850 -0.8% |
| 2017 | -- | $14,011,650 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Brighton Beach
Nearby schools
GreatSchools rating
- 6/10Ps 253Grades: K-5Distance: 0.4 mi
- 7/10Is 303 Herbert S EisenbergGrades: 6-8Distance: 0.6 mi
- 4/10Abraham Lincoln High SchoolGrades: 9-12Distance: 0.5 mi
A local agent can set up tours, give advice and negotiate with sellers.
- New York
- Kings County
- New York
- 11235
- Brooklyn
- Brighton Beach
- 40 Brighton 1st Rd Apartment 1A




