291 Neptune Ave Brooklyn, NY 11235
Brighton Beach NeighborhoodEstimated payment $12,596/month
Total Views
21,966
--
Bed
--
Bath
4,560
Sq Ft
$438
Price per Sq Ft
Highlights
- Wood Flooring
- Baseboard Heating
- 3-minute walk to Grady Playground
- P.S. 253 The Magnet School of Multicultural Humanities Rated A
- Back Yard
About This Home
Presenting a prime investment opportunity in the heart of Brighton Beach, Brooklyn! This solid brick 5-family mixed-use building offers substantial income potential, featuring five well-maintained residential apartments and one commercial store currently used as a pharmacy, on the ground floor. Situated in an ideal location, this property is close to shopping, dining, and multiple transportation options, ensuring high demand from both residential and commercial tenants. With room for growth, this property offers an excellent opportunity to increase rent roll and capitalize on the area’s continuous development. Don’t miss out on this rare chance to secure a valuable asset in one of Brooklyn’s most sought-after neighborhoods. "Package Deal" options available.
Property Details
Property Type
- Other
Est. Annual Taxes
- $24,231
Year Built
- Built in 1930
Lot Details
- 2,000 Sq Ft Lot
- Lot Dimensions are 100 x 20
- Back Yard
- Property is zoned R6
Home Design
- Mixed Use
- Flat Roof Shape
- Brick Exterior Construction
- Block Foundation
Interior Spaces
- 4,560 Sq Ft Home
- 3-Story Property
- Basement Fills Entire Space Under The House
Flooring
- Wood
- Laminate
- Tile
Utilities
- Baseboard Heating
- Heating System Uses Gas
- 110 Volts
- Gas Water Heater
Listing and Financial Details
- Tax Block 7262
Community Details
Overview
- 5 Units
Building Details
- Fuel Expense $4,500
- Insurance Expense $4,000
- Utility Expense $1,300
- Gross Income $151,200
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| 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 | $24,231 | $269,100 | $9,900 | $259,200 |
| 2024 | $24,231 | $224,100 | $9,900 | $214,200 |
| 2023 | $22,073 | $251,100 | $9,900 | $241,200 |
| 2022 | $20,851 | $314,100 | $9,900 | $304,200 |
| 2021 | $19,550 | $292,500 | $9,900 | $282,600 |
| 2020 | $19,550 | $369,000 | $9,900 | $359,100 |
| 2019 | $18,803 | $369,000 | $9,900 | $359,100 |
| 2018 | $17,604 | $138,411 | $2,971 | $135,440 |
| 2017 | $16,674 | $131,094 | $3,222 | $127,872 |
| 2016 | $15,805 | $122,592 | $3,767 | $118,825 |
| 2015 | $10,160 | $118,638 | $4,372 | $114,266 |
| 2014 | $10,160 | $114,683 | $4,226 | $110,457 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/06/2025 08/06/25 | For Sale | $1,995,000 | -- | $438 / Sq Ft |
Source: Brooklyn Board of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,300,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $3,640,000 | Purchase Money Mortgage |
Source: Public Records
About the Listing Agent
Yeugena's Other Listings
Source: Brooklyn Board of REALTORS®
MLS Number: 494777
APN: 07262-0012
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