$1,150,000

Estimated payment $6,878/month

Total Views 3,197
12 Beds
4 Baths
2,880 Sq Ft
$399 Price per Sq Ft

Highlights

  • Wood Flooring
  • 3-minute walk to Brighton Beach
  • Multiple cooling system units
  • P.S. 253 The Magnet School of Multicultural Humanities Rated A
  • Detached Garage
  • Private Driveway

About This Home

Prime Location! Great Investment Opportunity! Detached 13 Unit SRO located on Brighton 5th Street right off of Brighton Beach Avenue. Property is in excellent condition, all units are occupied, and well maintained. Each unit has a sink and cabinets, 3 shared bathrooms and 3 shared kitchens in the building, all occupants are registered with DHCR. Rent Roll and Expenses are furnished upon request. R6 zoning on a 25x100. Close to Brighton Beach shopping, beach, schools, B/Q Train and all.

Listing Agent

Peter Pan

RE/MAX Edge License #10401215383 Listed on: 05/09/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,000

Year Built

  • Built in 1899

Lot Details

  • 2,800 Sq Ft Lot
  • Lot Dimensions are 100 x 28
  • Back Yard

Home Design

  • Flat Roof Shape
  • Poured Concrete
  • Pitched Roof

Interior Spaces

  • 2,880 Sq Ft Home
  • 2-Story Property
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Stove

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 4 Full Bathrooms

Parking

  • Detached Garage
  • Private Driveway

Utilities

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

Listing and Financial Details

  • Tax Block 8674

Community Details

Overview

  • 12 Units

Building Details

  • Fuel Expense $4,000
  • Insurance Expense $8,000
  • Utility Expense $600
  • Gross Income $103,260

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,000

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Basement Amenities: Finished, Full
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 720
  • Building Length: 40.00
  • Building Width: 18.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: Ocean View Av
  • Cross Street Name2: Brighton Beach Av
  • Handicap Access Y N U: No
  • Heat Delivery: Other
  • Number Of Families: 12
  • Parking Attributes: Detached Garage
  • Parking Feature Single: Private Drive
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Refrigerator, Stove, Other
  • Fill Sq Ft Total: 2880
  • Building Stories: 2
  • Street Name I D X: Brighton 5th
  • Street Number I D X: 3022
  • Year Built: 1899
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Full Bathrooms: 4
  • Total Bedrooms: 12
  • Flooring: Hardwood, Tile, Other
  • Lot Sq Ft: 2800

Exterior Features

  • Yard: Back
  • Exterior Building Type: Detached
  • Construction Type: Other
  • Exterior: Other
  • Foundation Details: Poured Concrete
  • Lot Number: 10
  • Roof: Flat, Pitched

Utilities

  • Air Conditioning Units: 5+
  • Electric: 110 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Fee Information

  • Annual Fuel Expense: 4000.00

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 28
  • Zoning: R6

Multi Family

  • Annual Gross Expense: 25600.00
  • Annual Gross Income: 103260
  • Insurance Expense: 8000.00
  • Unit Count: 12
  • Annual Utility Expenses: 600.00

Tax Info

  • Flip Tax Amount: 9000.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $7,836 $84,150 $31,500 $52,650
2024 $7,836 $76,500 $31,500 $45,000
2023 $7,474 $70,200 $31,500 $38,700
2022 $7,211 $67,050 $31,500 $35,550
2021 $6,833 $63,900 $63,000 $900
2020 $8,339 $92,250 $63,000 $29,250
2019 $6,792 $92,250 $63,000 $29,250
2018 $5,386 $92,250 $63,000 $29,250
2017 $3,980 $87,750 $63,000 $24,750
2016 $4,925 $25,380 $8,275 $17,105
2015 $3,061 $25,380 $9,297 $16,083
2014 $3,061 $24,813 $9,089 $15,724
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2025 08/19/25 Price Changed $1,150,000 -4.1% $399 / Sq Ft
07/14/2025 07/14/25 Price Changed $1,199,000 -4.1% $416 / Sq Ft
05/09/2025 05/09/25 For Sale $1,250,000 -- $434 / Sq Ft
Source: Brooklyn Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed $550,000 --
Deed $375,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $115,000 New Conventional
Previous Owner $175,000 Commercial
Source: Public Records

Source: Brooklyn Board of REALTORS®

MLS Number: 492523

Brooklyn Board of REALTORS®

APN: 08674-0010