3022 Brighton 8th Street This well-maintained building in the vibrant Brighton Beach neighborhood of Brooklyn offers a variety of unit types, providing a steady rental income stream. The property includes 8 Single Room Occupancy (SRO) units, 2 private rooms, 1 studio, and 1 two-bedroom apartment. The units generate a total monthly rent of $21, 122 and a gross yearly rent roll of $253, 464, with a net income of $200, 200. Expenses include heat ($8, 500), electric ($4, 800), water/sewer ($4, 800), insurance ($10, 000), taxes ($15, 000), and repairs ($7, 000), for total annual expenses of $50, 100. The building features a new roof with solar panels, new plumbing, updated electrical systems and tile throughout. The water heater and boiler are 3 years old. With a cap rate of 9.1%, this property offers a steady cash flow appealing to investors. It's conveniently located near local amenities, transportation, and the Brighton Beach community.