3022 Brighton 8th Street, Brooklyn, NY 11235

Local realty services provided by:ERA Top Service Realty
3022 Brighton 8th Street,Brooklyn, NY 11235
$1,899,000
  • - Beds
  • 6 Baths
  • 2,961 sq. ft.
  • Multi-family
  • Active
Listed by: robert j. burnett
Office: revived residential
MLS#:495574
Source:BROOKLYN

Price summary

  • Price:$1,899,000
  • Price per sq. ft.:$641.34

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.

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Home facts

  • Year built:1932
  • Listing ID #:495574
  • Added:122 day(s) ago
  • Updated:January 01, 2026 at 12:12 PM

Rooms and interior

  • Total bathrooms:6
  • Full bathrooms:6
  • Living area:2,961 sq. ft.

Heating and cooling

  • Heating:Baseboard, Gas

Structure and exterior

  • Roof:Flat
  • Year built:1932
  • Building area:2,961 sq. ft.
  • Lot area:0.03 Acres

Finances and disclosures

  • Price:$1,899,000
  • Price per sq. ft.:$641.34
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