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157Units
6Stories
1948Year Built
$304K - $645KValue Range
Available Units
For Sale
For Rent
No Units Available
Highlights
Resident Manager or Management On Site
Public Transportation
Laundry Facilities
This investor-friendly 1948 co-op is one block from Brighton Beach
Most people would place beachside living and city life into two distinct categories, but at 1120 Brighton Beach Ave., residents can experience both. The south Brooklyn co-op is just one block from the neighborhood’s namesake beach, where locals can swim or bask in the sun with far fewer tourists than the adjacent Coney Island Beach. In an environment where seagulls, salty air and sandy feet are par for the course, the hubbub of Manhattan can feel worlds away — in reality, it’s accessible in as little as 45 minutes thanks to the nearby B and Q trains. This best-of-both-worlds scenario is attractive to full-time residents, but because of its flexible policies, the co-op also appeals to investors. Unlike many other NYC co-ops, 1120 Brighton Beach Ave. does not charge a flip tax. Plus, owners can sublet immediately, whereas many other properties require several years of residency before renting is allowed. As such, this six-story, brick-clad midrise has a mixed demographic, including members of Brighton Beach’s staple Eastern European community, part-time residents and relatively transient renters.
Studio to three-bedroom units, some outdated, some renovated
Although this is a midcentury building, the co-op’s units share some of the desirable qualities of a quintessential prewar: large entries, windowed kitchens and bathrooms, oversized bedrooms, abundant storage and ceilings that reach 9.5 feet. Outside of the bones and layout, interior finishes run the gamut in terms of modernity, quality and style. A recently renovated unit might feature hardwood floors, custom cabinetry and name-brand appliances, but many apartments still feature outdated granite counters and colorfully tiled, midcentury bathrooms. Window air-conditioning units are standard and in-unit washer/dryers are allowed. Another positive is that each of the 157 units gets excellent natural light thanks to the building’s U-shape, which allows for more windows. That said, very few apartments have beach views — and it’s only a sliver of shoreline because of the taller co-ops just south.
Prices for studios range from $175,000 to $270,000, while prices for one-bedrooms jump into the $300,000 to $400,000 territory. Two-bedroom apartments have recently sold between $700,000 and $750,000. Fewer three-bedroom residences are present, and the most recent sale occurred in 2018 for $667,000. The co-op has investor-friendly policies and allows for pieds-a-terre, gifting and pets.
Practical perks and well-maintained common spaces
While 1120 Brighton Beach Ave. does not offer recreational amenities, it has a laundry room in the basement, storage and outdoor parking for a monthly fee, plus a live-in super. This isn’t a doorman building, but there’s a layer of security from the key-fob entry and cameras on each floor. The lobby was updated in 2022, but it maintains an intentional old-school feel. Art Deco-style motifs adorn the entry, etched windows feature a playful pattern, terrazzo floors bring a pop of color, and historical photos of the neighborhood are framed against the patterned wallpaper.
Residents can visit the beach or indulge in Eastern European cuisine
Beach-town living is the main draw for buyers. This co-op is right near the eastern edge of Brighton Beach, so it draws a smaller crowd but still has access to the landmarked Riegelmann Boardwalk. Brighton Beach Avenue is one of the area’s main thoroughfares, but fortunately, the co-op is located on a quieter stretch. Several blocks west, the avenue is lined with Eastern European businesses and eateries, and the B and Q express trains run overhead. “This neighborhood is heavily Russian, but these days, there is some more national pride from other countries, like Ukraine or Belarus, as well,” says Gregory D’Avola, owner of Arena Properties. “Sometimes people call the area Little Odessa. The culture is strong and definitely has an impact on the businesses around here.” For groceries, Twins Market is right across the street, and two Russian supermarkets, Golden Key 2 and NetCost Market, are just down the road. In addition to the subway, residents have access to several bus routes, and drivers can reach the Belt Parkway or Ocean Parkway within 10 minutes.
Environmental risk
While this particular address is located in a moderate-risk flood zone, the surrounding area is more prone to flooding, and the co-op is set in a Zone 1 Hurricane evacuation area. In 2012, Hurricane Sandy brought severe damage to the waterfront area, but the neighborhood has since recovered.
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Quantarium
Current List Price
Sold Price
Area Factors
Low Crime
Crime Score®
3/ 10
Bikeable
Bike Score®
54/ 100
Walker's Paradise
Walk Score®
93/ 100
Excellent Transit
Transit Score®
80/ 100
Sources: WhatIsMyCrimeRisk.com, Walk Score
Sources: WhatIsMyCrimeRisk.com, Walk Score
WhatIsMyCrimeRisk.com, Powered by CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks. Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
Sound Score® measures the noise level of any address. Environmental risk data is provided by First Street Foundation® and is designed to approximate risk and not intended to include all possible scenarios.
Parks in this Area
Century Playground
14 min walk
Basketball
Picnic Area
Soccer
Grady Playground
14 min walk
Baseball/Softball
Basketball
Playground
Homecrest Playground
14 min walk
Trails
Playground
Waterpark
Asser Levy Park
3 min drive
Dog Park
Picnic Area
Playground
Lew Fidler Park
4 min drive
Bike Trails
Picnic Area
Trails
Luna Park Playground
5 min drive
Basketball
Playground
Bill Brown Memorial Playground
5 min drive
Basketball
Picnic Area
Soccer
Sheepshead Playground
5 min drive
Basketball
Trails
Playground
Galapo playground
5 min drive
Trails
Playground
Waterpark
Schools
Source:
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