$1,199,000
$100K PRICE DROP

115 Neptune Ave Brooklyn, NY 11235

Brighton Beach Neighborhood

Estimated payment $7,246/month

Total Views 27,128
8 Beds
5 Baths
1,836 Sq Ft
$653 Price per Sq Ft

Highlights

  • Wood Flooring
  • Heating System Uses Steam
  • Back Yard
  • Multiple cooling system units

About This Home

Amazing opportunity for a chance to own a 3-family home located just on the border of Brighton Beach and Sheepshead Bay. Just moments from the iconic Emmons Avenue Promenade. This property offers the perfect blend of space, location, along with the lifestyle. This renovated three family home features spacious layouts with Two oversized 3-bedroom, 1.5-bath units and a One large 2-bedroom, 1-bath unit. Every unit is tailored to accommodate tenants needs, with comfort alongside convenience. This home also includes a generously sized private backyard, which you can come out to and enjoy during the warm months of the year. Truly adding a bonus this backyard allows a perfect space for relaxing or even creating your own outdoor retreat. This location is unbeatable, just minutes from Manhattan Beach as well as Brighton Beach. Surrounded by some of the area’s best dining, cafes, and shopping along Emmons and Brighton Beach Avenues. Easy access to nearby subway lines and bus routes makes commuting simple and convenient. Whether you’re looking to invest, live, or build long term value, this is a standout opportunity in a prime waterfront adjacent location. 25 Feet wide Lot/ R6 Zoning.

Listing Agent

Yeugena Atayan

RE/MAX Real Estate Professiona Listed on: 04/16/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,943

Year Built

  • Built in 1915

Lot Details

  • 1,773 Sq Ft Lot
  • Lot Dimensions are 70 x 25
  • Back Yard

Parking

  • On-Street Parking

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Block Foundation
  • Wood Frame Construction
  • Siding

Interior Spaces

  • 1,836 Sq Ft Home
  • 2-Story Property
  • Stove

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 8 Bedrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Multiple cooling system units
  • Heating System Uses Steam
  • Heating System Uses Gas
  • 110 Volts
  • Gas Water Heater

Listing and Financial Details

  • Tax Block 8812

Community Details

Overview

  • 3 Units

Building Details

  • Fuel Expense $4,300
  • Insurance Expense $6,500
  • Gross Income $96,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,943

Year Built

Built in 1915

Lot Details

1,773 Sq Ft Lot

Listing Details

  • Basement Amenities: Finished, Full, Separate Entrance
  • Total Bathrooms: 5.00
  • Baths Total Level1: 2.00
  • Baths Total Level2: 2.00
  • Baths Total Level3: 1.00
  • Borough: Brooklyn
  • Building Length: 51.00
  • Building Width: 19.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: East 12th St
  • Cross Street Name2: East 11th St
  • Handicap Access Y N U: No
  • Heat Delivery: Steam/Radiator
  • Number Of Families: 3
  • Parking Attributes: None
  • Parking Feature Single: Street
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Refrigerator, Stove
  • Rooms Total Level3: 4
  • Fill Sq Ft Total: 1836
  • Building Stories: 2
  • Street Name I D X: Neptune
  • Building Style: Other
  • Year Built: 1915
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 3
  • Basement Half Bathrooms: 2
  • Total Bedrooms: 8
  • Flooring: Ceramic, Hardwood
  • Lot Sq Ft: 1773

Exterior Features

  • Yard: Back
  • Exterior Building Type: Detached
  • Construction Type: Brick, Wood Frame
  • Exterior: Siding
  • Foundation Details: Block
  • Lot Number: 116
  • Roof: Flat

Utilities

  • Air Conditioning Units: 3
  • Electric: 110 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Fee Information

  • Annual Fuel Expense: 4300.00

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 70
  • Lot Size Width: 25
  • Zoning: R6

Rental Info

  • Rent Income: 96000

Multi Family

  • Annual Gross Expense: 15300.00
  • Annual Gross Income: 96000
  • Insurance Expense: 6500.00
  • Unit Count: 3

Tax Info

  • Flip Tax Amount: 7943.00

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $8,139 $54,660 $12,240 $42,420
2025 $7,685 $41,580 $12,240 $29,340
2024 $7,685 $48,900 $12,240 $36,660
2023 $7,335 $60,000 $12,240 $47,760
2022 $6,954 $56,940 $12,240 $44,700
2021 $7,110 $48,420 $12,240 $36,180
2019 $6,670 $45,540 $12,240 $33,300
2018 $6,135 $30,097 $9,275 $20,822
2017 $5,918 $29,030 $9,356 $19,674
2016 $5,628 $28,154 $8,112 $20,042
2015 $3,303 $28,141 $9,095 $19,046
2014 $3,303 $26,572 $8,588 $17,984
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/11/2026 08/11/26 Price Changed $1,199,000 -4.0% $653 / Sq Ft
07/02/2026 07/02/26 Price Changed $1,249,000 -3.8% $680 / Sq Ft
04/16/2026 04/16/26 For Sale $1,299,000 -- $708 / Sq Ft
Source: Brooklyn Board of REALTORS®

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Deed $930,000 --
Deed -- --
Deed -- --
Bargain Sale Deed -- First American Title Ins Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $655,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $89,940 No Value Available
Previous Owner $480,000 No Value Available
Closed $440,000 No Value Available
Previous Owner $332,100 No Value Available
Previous Owner $332,100 No Value Available
Source: Public Records

About the Listing Agent

Yeugena Atayan
Yeugena Atayan

RE/MAX Real Estate Professiona

(929) 545-6183

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View Yeugena's Profile

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Source: Brooklyn Board of REALTORS®

MLS Number: 500525

Brooklyn Board of REALTORS®

APN: 08812-0116

New York Kings County Brooklyn 11235 Brighton Beach

115 Neptune Ave, Brooklyn, NY

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Brooklyn Board of REALTORS® The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.

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Yeugena Atayan
Yeugena Atayan
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RE/MAX Real Estate Professiona
(929) 545-6183
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