
Seller's Agent in 2021
Gavriel Ilyabayev
Douglas Elliman Real Estate
(718) 350-5544
1 in this area
22 Total Sales
Estimated Value: $1,417,574
Outstanding, 5-family mixed-use investment opportunity, just hitting the market in Brighton Beach! Rarely do we see such amazing, solid-brick, 3-story mixed-use investment properties, with the potential for impressive returns both presently and for years to come, reaching the market at such a desirable price. This beautiful brick building sits on a 20 by 100 square foot lot; the entire building has over 4,000 square feet along with the fully-finished basement that also has a full bathroom; the entire building measures 20 by 76 square feet in all; it even has its highly-visible side-wall, which is a popular space for advertising billboards, an additional stream of passive-income! In a word, it's extraordinary! The 1st floor is the busy storefront, fully-exposed in the high traffic location of Neptune Avenue, this is a popular trendy spot, and the perfect caf? location, complete with outdoor seating in a high traffic area, and it comes with a single-room apartment in back! Next level up are 2 units, each 1-bedroom, 1-bathroom units, each of them are so spacious, they could literally be converted into 2-bedroom units, and the 3rd and top-floor basically mirrors the second, with 2 more, huge 1-bedroom, 1-bathroom apartments; the majority of these units are newly renovated! Imagine acquiring an income producing 5-family mixed-use apartment building, right in this highly coveted area of Brighton Beach for under $1.6 million! Imagine no more, and make the call! Just a short walk to the Ocean Parkway stop along the Q and B line, and just seconds from the World-Famous Coney Island Beach and Boardwalk, home to the original Nathan's Hot Dogs and the NY Aquarium. Perfect investment property in a premier location! Make the call today!
Last Agent to Sell the Property
Douglas Elliman Real Estate License #10301217187 Listed on: 07/14/2020
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
265 Neptune Llc | $1,300,000 | -- |
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
05/11/2021 05/11/21 | Sold | $1,499,000 | 0.0% | -- |
01/10/2021 01/10/21 | Off Market | $1,499,000 | -- | -- |
12/31/2020 12/31/20 | For Sale | -- | -- | -- |
11/22/2020 11/22/20 | Off Market | $1,499,000 | -- | -- |
10/27/2020 10/27/20 | For Sale | -- | -- | -- |
10/12/2020 10/12/20 | Off Market | $1,499,000 | -- | -- |
07/20/2020 07/20/20 | For Sale | $1,599,000 | -- | -- |
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 |
---|---|---|---|---|
2025 | $13,916 | $302,850 | $9,900 | $292,950 |
2024 | $13,916 | $252,360 | $9,900 | $242,460 |
2023 | $12,646 | $315,450 | $9,900 | $305,550 |
2022 | $11,684 | $319,950 | $9,900 | $310,050 |
2021 | $10,853 | $295,200 | $9,900 | $285,300 |
2020 | $5,335 | $323,550 | $9,900 | $313,650 |
2019 | $10,799 | $326,250 | $9,900 | $316,350 |
2018 | $10,086 | $79,298 | $1,938 | $77,360 |
2017 | $9,343 | $73,460 | $2,056 | $71,404 |
2016 | $8,774 | $68,056 | $2,380 | $65,676 |
2015 | $5,693 | $68,056 | $2,857 | $65,199 |
2014 | $5,693 | $65,865 | $2,765 | $63,100 |
Seller's Agent in 2021
Gavriel Ilyabayev
Douglas Elliman Real Estate
(718) 350-5544
1 in this area
22 Total Sales
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS10649370
APN: 07262-0001