3024 Brighton 6th Street

New York NY 11235

2368 sq. ft.

2000 sq. ft.

Multi-Family

Currently for sale - view listing

Overview

Prime Brighton Beach 3 Family Investment Opportunity 3024 Brighton 6th Street is a well-maintained semi-detached 3 family property located just off Brighton Beach Avenue. This property presents a compelling opportunity for investors seeking strong in-place income with added flexibility. The building offers approximately 2,300+ sq ft of interior space and features three well-configured 2-bedroom units, a layout that supports consistent tenant demand and stable occupancy. The property is currently fully occupied and in excellent condition, with the potential to deliver a unit vacant if desired. The property generates approximately $90,000+ in annual gross rental income, with operating expenses of approximately $22,000+ including real estate taxes, resulting in an estimated cap rate exceeding 7.5%, a rare return for the Brighton Beach market at this price point. Additional features include a finished full basement with access, a shared driveway, and a detached garage. The property sits on an approximately 20 x 100 lot with R6 zoning. Conveniently located near Brighton Beach Avenue, the property is close to shopping, restaurants, banks, and everyday services. The B and Q subway lines are nearby, providing easy access to Manhattan and throughout Brooklyn.