REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 2,880,000
Est. payment | /mo
6,400 SqFt
$ 2,880,000
Est. payment | /mo
6,400 SqFt
Key Details
Property Type Other Rentals
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 6,400 sqft
Price per Sqft $450
MLS Listing ID 493570
Year Built 1931
Annual Tax Amount $38,548
Lot Dimensions 20 x 90
Property Sub-Type Mixed Use
Property Description
Prime Mixed-Use Investment Opportunity in Brighton Beach
Welcome to 105 Brighton 11th Street — a well-maintained mixed-use building in the heart of Brighton Beach. This property features 3 ground-level retail stores and 6 residential apartments above. The residential units consist of three spacious 3-bedroom apartments and three 2-bedroom apartments, generating a strong annual rent roll of approximately $233,000.
Recent upgrades include a new roof, boiler, and water heater, helping to keep maintenance low. Operating expenses are estimated at $60,000 per year, offering solid cash flow. Located in a high-traffic area with excellent visibility, this is an ideal opportunity for investors seeking stable income in a thriving neighborhood.
Welcome to 105 Brighton 11th Street — a well-maintained mixed-use building in the heart of Brighton Beach. This property features 3 ground-level retail stores and 6 residential apartments above. The residential units consist of three spacious 3-bedroom apartments and three 2-bedroom apartments, generating a strong annual rent roll of approximately $233,000.
Recent upgrades include a new roof, boiler, and water heater, helping to keep maintenance low. Operating expenses are estimated at $60,000 per year, offering solid cash flow. Located in a high-traffic area with excellent visibility, this is an ideal opportunity for investors seeking stable income in a thriving neighborhood.
Location
State NY
County Kings (brooklyn)
Area Brighton Beach
Zoning R6
Rooms
Basement Full
Interior
Interior Features None
Hot Water Gas
Heating Gas
Flooring Hardwood, Linoleum
Heat Source Gas
Exterior
Exterior Feature Brick
Roof Type Flat
Building
Story 4
Foundation Poured Concrete
Others
Energy Description Gas
Financing 1031 Exchange,Bank Mortgage,Cash
Listed by RE/MAX Edge