$195,000

Estimated payment $1,923/month

1 Bed
1 Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Indoor Pool
  • 3-minute walk to Ocean Parkway
  • Central Air
  • P.S. 253 The Magnet School of Multicultural Humanities Rated A
  • Bike Room
  • Garage

About This Home

Presenting a rare five-unit assemblage opportunity in the heart of Brighton Beach, consisting of five one-bedroom, one-bath residences across 40 Brighton 1st Road and 50 Brighton 1st Road. Offered exclusively as a package deal for $975,000, this investment portfolio includes three units at 40 Brighton 1st Road and two units at 50 Brighton 1st Road. The units cannot be sold individually and will be transferred with all current occupants in place. A pro forma and additional financials are available upon request.

Located within highly desirable full-service luxury co-op buildings just moments from the beach and boardwalk, residents enjoy access to amenities including a 24-hour doorman, outdoor swimming pool, sauna/steam room, fitness center, laundry facilities, storage, recreation spaces, and on-site management. Subleasing is permitted after one year of residency, adding long-term flexibility and investment appeal.

Each unit is being offered significantly below estimated market value, presenting a unique opportunity for investors seeking future upside through both rental income and long-term appreciation potential. Access to the units will only be granted upon an accepted offer. Perfectly positioned near Brighton Beach Avenue, transportation, shopping, dining, and the B/Q subway lines, this is a rare opportunity to acquire scale and long-term value in one of Brooklyn's most established waterfront communities.

Listing Agent

Jason Abrishami

Douglas Elliman Real Estate License #10301216796 Listed on: 05/18/2026

Douglas Elliman Real Estate

Co-Listing Agent

Jerry Minsky

Douglas Elliman Real Estate License #30MI0708058

Property Details

Home Type

  • Co-Op

Year Built

  • Built in 1963

HOA Fees

  • $688 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Entry on the 1st floor

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Additional Features

  • Washer Dryer Allowed
  • Indoor Pool
  • Central Air

Listing and Financial Details

  • Legal Lot and Block 0001 / 08680

Community Details

Overview

  • 448 Units
  • High-Rise Community
  • Brighton Towers Condos
  • Brighton Beach Subdivision
  • 16-Story Property

Amenities

Property Details

Home Type

Co-Op

Year Built

Built in 1963

Lot Details

0 Sq Ft Lot

HOA Fees

$688 per month

Listing Details

  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Brighton Beach
  • Entry Level: 1
  • Structure Type: High Rise
  • Special Features: None
  • Property Sub Type: Coop
  • Stories: 16

Interior Features

  • Appliances: Washer Dryer Allowed
  • Fireplace: No
  • Living Area Units: Square Feet
  • Basement: No
  • Basement: Other

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1
  • Bedrooms: 1

Exterior Features

  • View: No
  • Exterior Features: None
  • Patio/Porch Features: None

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Building Other
  • Green Building Features: Bike Storage, Indoor Pool
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 688.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Stock Cooperative

Lot Info

  • Zoning Description: R7-1

Building Info

  • New Construction: No
  • Building Name: BRIGHTON TOWERS
  • Units: 448
  • Total Stories: 16
  • Year Built: 1963

Rental Info

  • Land Lease: No

Tax Info

  • Tax Block: 08680
  • Tax Lot: 0001

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

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
2026 -- -- -- --
2025 -- -- -- --
2024 -- $0 $0 $0
2023 $0 $0 $0 $0
2022 $0 $0 $0 $0
2021 $0 $0 $0 $0
2020 $0 $0 $0 $0
2019 $0 $0 $0 $0
2018 $1,578,658 $13,892,850 $1,025,100 $12,867,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/18/2026 05/18/26 For Sale $195,000 -- --
Source: Real Estate Board of New York (REBNY)

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS20092052

Real Estate Board of New York (REBNY)

APN: 08680-00011D

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