For Sale
$2,500,000

243 Brighton Beach Ave Brooklyn, NY 11235

Prime Brooklyn location, high ROI potential.

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional mixed-use property at 243 Brighton Beach Avenue in Brooklyn, NY (zip code 11235), offers a compelling investment opportunity. The two-story building, situated on a 20 ft x 100 ft lot, encompasses 3,250 square feet of space currently configured as office and retail. Currently operating at 100% occupancy, the property generates a net operating income (NOI) of $141,000, resulting in a 5.65% cap rate. The asking price is $2,500,000. The building's versatile layout includes space previously used as two residential units, now converted to office/retail space, providing flexibility for future uses. Its prime location on Brighton Beach Avenue in the heart of Brooklyn offers significant potential for growth and strong rental income. This property presents a rare chance to acquire a well-performing asset in a vibrant and desirable neighborhood. The strong financials, combined with the strategic location and adaptable space, make this a standout investment opportunity in Brooklyn's dynamic real estate market. This is a value-add opportunity with significant upside potential.

Highlights

  • Exceptional mixed-use investment opportunity in Brooklyn, NY.
  • Two-story building (3,250 sq ft) on a 20' x 100' lot, currently 100% occupied.
  • Generating a $141,000 NOI with a 5.65% cap rate; asking price $2,500,000.
  • Versatile layout, previously residential, now office/retail, offering flexible future uses.
  • Prime Brighton Beach Avenue location in Brooklyn, offering strong rental income potential.

Property Details for 243 Brighton Beach Ave

Property type
Retail properties, Office properties
Square Feet
3,250 SF

Location Insight

City
Brooklyn
County
Kings
State
New York
Latitude
40.576753152069
Longitude
-73.965676434697

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FAQs

What type of property is this?
Retail property - Prime Brooklyn location, high ROI potential.
Where is the retail property located?
The property is located at 243 Brighton Beach Ave Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Exceptional mixed-use investment opportunity in Brooklyn, NY.; Two-story building (3,250 sq ft) on a 20' x 100' lot, currently 100% occupied.; Generating a $141,000 NOI with a 5.65% cap rate; asking price $2,500,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
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Contacts

Neal Klotsman
Visit Broker Website

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Useful Information

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Brighton Beach Ave
Brooklyn, NY 11235

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Brighton Beach Ave
Brooklyn, NY 11235

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

243 Brighton Beach Ave
  • Neal Klotsman
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