
Courtesy of: Peter Pan, Tiger Realty, ppanre7@gmail.com
$899,000
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6 bed
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3.00 Bath (3 Full)
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Lot: 0.05 Acres
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Other
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$899,000
3024 Brighton 6th Street Prime Brighton Beach 3 Family Investment Opportunity 3024 Brighton 6th Street is a well-maintained semi-detached 3 family property located just off Brighton Beach Avenue. This property presents a compelling opportunity for investors seeking strong in-place income with added flexibility. The building offers approximately 2, 300+ sq ft of interior space and features three well-configured 2-bedroom units, a layout that supports consistent tenant demand and stable occupancy. The property is currently fully occupied and in excellent condition, with the potential to deliver a unit vacant if desired. The property generates approximately $90, 000+ in annual gross rental income, with operating expenses of approximately $22, 000+ including real estate taxes, resulting in an estimated cap rate exceeding 7.5%, a rare return for the Brighton Beach market at this price point. Additional features include a finished full basement with access, a shared driveway, and a detached garage. The property sits on an approximately 20 x 100 lot with R6 zoning. Conveniently located near Brighton Beach Avenue, the property is close to shopping, restaurants, banks, and everyday services. The B and Q subway lines are nearby, providing easy access to Manhattan and throughout Brooklyn.
Courtesy of: Peter Pan, Tiger Realty, ppanre7@gmail.com
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