2920 Brighton 4th Street
$6,500,000
2920 Brighton 4th Street, Brooklyn, NY 11235
5.2
Cap Rate
338,028.43
NOI
Details:
Highlights:
- BRAND NEW DEVELOPMENT CLOSE TO THE BEACH: A newly constructed multifamily property offering modern construction, contemporary finishes, and minimal near-term capital expenditure requirements. Located just moments from Brighton Beach and the Riegelmann Boardwalk, the asset presents a rare opportunity to acquire a turnkey investment in one of Brooklyn’s most desirable waterfront neighborhoods.
- STRONG IN-PLACE INCOME: The property benefits from stable, in-place cash flow generated by a quality residential tenant base, providing
- investors with immediate income while offering long-term appreciation potential in a supply-constrained Brooklyn rental market.
- IMMEDIATE PROXIMITY TO THE B & Q TRAINS: Positioned within a short walk of the Brighton Beach subway station, the property offers direct access to the B and Q subway lines, providing convenient connectivity throughout Brooklyn and Manhattan for residents and commuters alike.
- ONSITE PARKING & EASY ACCESS TO THE BELT PARKWAY: An onsite parking component provides a valuable amenity in a densely populated neighborhood, while nearby access to the Belt Parkway, Ocean Parkway, and Coney Island Avenue allows for efficient travel throughout Brooklyn, Queens, and the greater New York metropolitan area.
- STEPS TO PRIME NEPTUNE AVENUE & THE BRIGHTON BEACH WATERFRONT: Situated just steps from Neptune Avenue, Brighton Beach Avenue, and Brooklyn’s iconic waterfront, the property is surrounded by an established mix of neighborhood retail, acclaimed restaurants, grocery stores, recreational amenities, and public beaches. This prime coastal location continues to experience strong residential demand driven by its unique combination of urban convenience, waterfront lifestyle, and exceptional neighborhood amenities.
Description:
Kassin Sabbagh Realty (KSR) is pleased to present 2920 Brighton 4th Street, a strategically located commercial property in the heart of Brighton Beach, one of Brooklyn’s most vibrant waterfront neighborhoods. Positioned just steps from Brighton Beach Avenue and within close proximity to Coney Island, Ocean Parkway, and the Belt Parkway, the property benefits from exceptional accessibility, a dense year-round residential population, and strong pedestrian activity driven by the area’s thriving retail and dining corridor.
The offering presents investors and owner-users with the opportunity to acquire a well-located asset in a proven Brooklyn submarket supported by a diverse residential community, steady tourism, and continued neighborhood investment. Surrounded by an established mix of local businesses, national retailers, medical offices, schools, and convenient access to the B and Q subway lines, 2920 Brighton 4th Street is ideally positioned to capitalize on Brighton Beach’s enduring commercial demand and long-term growth fundamentals.
Documents:
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Location
Gallery