NOT LISTED FOR SALE

3022 Brighton 8th St Unit 1 Brooklyn, NY 11235

Brighton Beach Neighborhood

Estimated Value: $849,654

10 Beds
6 Baths
1,974 Sq Ft
$430/Sq Ft Est. Value

About This Home

This well-maintained building in the vibrant Brighton Beach neighborhood of Brooklyn offers a variety of unit types, providing a steady rental income stream. The property includes 8 Single Room Occupancy (SRO) units, 2 private rooms, 1 studio, and 1 two-bedroom apartment. The units generate a total monthly rent of $21,122 and a gross yearly rent roll of $253,464, with a net income of $200,200. Expenses include heat ($8,500), electric ($4,800), water/sewer ($4,800), insurance ($10,000), taxes ($15,000), and repairs ($7,000), for total annual expenses of $50,100. The building features a new roof with solar panels, new plumbing, updated electrical systems and tile throughout. The water heater and boiler are 3 years old. With a cap rate of 9.1%, this property offers a steady cash flow appealing to investors. It's conveniently located near local amenities, transportation, and the Brighton Beach community.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 20, 2017
Sold by
Levitt Laura
Bought by
Brighton 3022 Llc
Current Estimated Value
$849,654

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Outstanding Balance
$336,765
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 2, 1999
Sold by
Stein Leora
Bought by
Levitt Laura
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Brighton 3022 Llc $800,000 --
Levitt Laura $123,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brighton 3022 Llc $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/14/2025 10/14/25 For Sale $2,199,000 -- --

Tax History Compared to Growth

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 $13,513 $155,250 $15,750 $139,500
2024 $13,513 $134,100 $15,750 $118,350
2023 $12,542 $102,600 $15,750 $86,850
2022 $12,234 $104,400 $15,750 $88,650
2021 $11,537 $94,050 $15,750 $78,300
2020 $11,537 $104,850 $15,750 $89,100
2019 $11,203 $104,850 $15,750 $89,100
2018 $10,932 $91,350 $15,750 $75,600
2017 $10,909 $85,950 $15,750 $70,200
2016 $10,442 $81,000 $15,750 $65,250
2015 $10,264 $81,900 $15,750 $66,150
2014 $10,264 $91,350 $4,050 $87,300
Source: Public Records

Agents Affiliated with this Home

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